The arrears of the consolidated general budget decreased 0.29% in November 2024, compared to the previous month, reaching 595.5 million lei, down from 597.2 million lei in October, according to data published on the Ministry of Finance (MF) website. Arrears over 90 days increased 9.5%, from 166 million lei to 181.8 million lei, while arrears over 120 days decreased 3.14%, from 332 million lei in October 2024 to 321.6 million lei in November 2024. Arrears over 360 days saw a decline of 7.16%, from 99.2 million lei to 92.1 million lei.According to the quoted source, regarding local budgets, arrears went up 0.29%, from 548.7 million lei (in October 2024) to 550.3 million lei (in November 2024).Arrears over 90 days grew 12.78%, to 158.8 million lei, arrears over 120 days dropped 3.11%, to 311.8 million lei, and arrears greater than 360 days reduced 7.32%, to 79.8 million lei.Regarding the "State Budget and Autonomous Bodies" section, arrears decreased from 48.5 million lei in October 2024 to 45.5 million lei in November (-6.19%).Arrears over 90 days decreased by 6.35%, to 23.6 million lei. Those over 120 days decreased 5.89%, to 9.6 million lei, and those over 360 days decreased to 12.3 million lei (down 5.39%).
Romanian author Mircea Cărtărescu is on the longlist for this year’s International Booker Prize, the influential award for translated fiction, with the novel Solenoid, translated into English by Sean Cotter and published at Pushkin Press. He is the first Romanian author to be longlisted for the prize, alongside 12 other authors nominated for the International Booker […]
Investors from Western Europe, particularly Austria, the Netherlands, Belgium, and the United Kingdom, have been the most active buyers of real estate assets in Romania over the past five years (2019–2024), making investments totaling EUR 1.75 billion, according to data from real estate consultancy Cushman & Wakefield Echinox. The Western European's market share accounted for […]
On Tuesday, February 25, the Bucharest Stock Exchange (BVB) granted 20 awards to listed companies, brokerage companies, as well as to private pension and investment funds for their achievements in 2024 as part of the 12th edition of the BVB Awards. In the opening speeches, stock exchange officials also highlighted the growth of the local […]
Romanian football club FCSB announced on Tuesday, February 25, that its website has been targeted by a Distributed Denial of Service (DDoS) attack, which has caused disruptions in the online ticketing process. The incident occurred as the Bucharest team was selling tickets for the match against Olympique Lyon in the Europa League round of 16. […]
The training program in sustainable development runs from April to July 2025, in 5 development regions of Romania. The postgraduate course targets over 1,200 future experts in sustainable development, who will become local leaders of change. The total value of the training program is RON 5.3 million, with funding entirely sourced from the National Recovery […]
A new report from Colliers highlights significant trends in Romania's housing market for 2025, revealing a continued rise in home prices, limited new supply, and increased demand for rental properties. The findings show that while housing deliveries fell by 15% nationwide and over 20% in Bucharest, demand increased by 7% in 2024. As a result, […]
