The current account of the balance of payments recorded, in the period January - March 2024, a deficit of 3.945 billion euros, 0.48% lower compared to the one of 3.964 billion euros in the period January - March 2023, the National Bank of Romania (BNR) informs on Tuesday.In its structure, the goods balance recorded a larger deficit by 8 million euros, the services balance recorded a smaller surplus by 434 million euros, the primary income balance recorded a larger deficit by 382 million euros, and the secondary income balance recorded a surplus greater by 843 million euros.Between January and March 2024, the total external debt increased by 7.643 billion euros, up to 177.726 billion euros. In the structure, the long-term external debt amounted to 129.063 billion euros on March 31, 2024 (72.6% of the total external debt), an increase of 6% compared to December 31, 2023. The short-term external debt recorded on March 31 2024 the level of 48.663 billion euros (27.4% of the total external debt), increasing by 0.7% compared to December 31, 2023.The long-term external debt service rate was 15.5% in March 2024, compared to 16.7% in 2023. The degree of coverage of imports of goods and services on March 31, 2024 was 6.1 months, in compared to 5.6 months on December 31, 2023.The degree of coverage of the short-term external debt, calculated at the residual value, with foreign exchange reserves at the BNR on March 31, 2024 was 102.6%, compared to 96.3% on December 31, 2023.
On November 20th, 2025, the Bucharest Stock Exchange (BVB) celebrated 30 years since its reopening, organizing a series of anniversary events along with various representatives of the Romanian capital market. Three decades ago, the first transactions took place on the BVB, and the Romanian investment landscape as we know it today began to take shape. […]
With the holidays just around the corner, we’ve created the new Collection of Boromir Infused Cozonac with natural vanilla syrup and pistachio. Unique, slightly moist, and richly filled, our latest assortments of Boromir Infused Cozonac make every festive moment with your loved ones even more special. Each bite melts in your mouth, bringing warmth, comfort, […]
Romanian airline AnimaWings announced on Friday, November 21, that starting in 2026, it will operate five new air routes from Timișoara International Airport, serving holiday destinations in Italy and Greece. The new connections include Athens (ATH), Olbia – Sardinia (OLB), Kefalonia (EFL), Thessaloniki (SKG), and Kavala (KVA). “We want Timișoara to become a reference point […]
President Nicușor Dan promulgated a law establishing October 29 as Queen Marie Day, following the bill’s adoption by the Chamber of Deputies on October 28, news agency Agerpres reported. The new law designates the date as a day dedicated to commemorating the life and historical contribution of Queen Marie of Romania. On October 29, public […]
Horaţiu Potra, the mercenary leader with alleged ties to Russia who previously fled Romania, was placed under preventive arrest for 30 days after his extradition from Dubai. He is investigated for attempted actions against the constitutional order, violation of the regime of weapons and ammunition, and violation of the regime of explosive materials. The same preventive […]
Nicușor Dan is the political figure in whom Bucharest residents have the most trust, according to a survey by INSCOP Research. The former mayor, now head of state, is followed by prime minister Ilie Bolojan. More precisely, 44.2% of the total sample state that they have quite a lot or very much trust in Nicușor […]
