The king of Spain, Felipe VI, is reportedly set to make an official visit to Romania next week, arriving on the evening of June 9, according to TVRinfo. On June 10, the monarch...
In January - August 2024, the balance-of-payments current account posted a deficit of EUR 17,858 million, compared with EUR 13,830 million in January - August 2023, the National Bank of Romania (BNR) informs in a press release on Monday.The breakdown shows that the deficit on trade in goods widened by EUR 2,634 million, the surplus on services fell by EUR 863 million, the primary income deficit increased by EUR 979 million, while the secondary income surplus grew by EUR 448 million.Non-residents' direct investments in Romania totalled EUR 4,139 million (compared with EUR 4,382 million in January - August 2023), of which equity (including the estimated reinvestment of earnings) and intercompany lending recorded net values of EUR 3,563 million and EUR 576 million, respectively.In January - August 2024, total external debt increased by EUR 14,189 million to EUR 182,524 million, of which: long-term external debt at end-August 2024 ran at EUR 133,389 million (73.1 percent of total external debt), up 9.2 percent against end-2023; short-term external debt at end-August 2024 amounted to EUR 49,135 million (26.9 percent of total external debt), up 6.3 percent from end-2023.Long-term external debt service ratio stood at 13.8 percent in August 2024 against 18 percent in 2023. At end-August 2024, goods and services import cover ran at 5.9 months, as compared to 5.6 months at end-2023.At end-August 2024, the ratio of the National Bank of Romania's foreign exchange reserves to short-term external debt by remaining maturity came in at 101.1 percent, as against 99.7 percent at end-2023, the central bank points out.
The king of Spain, Felipe VI, is reportedly set to make an official visit to Romania next week, arriving on the evening of June 9, according to TVRinfo. On June 10, the monarch...
The National Tennis Center in Bucharest will officially be renamed the Simona Halep National Tennis Center, the Romanian Tennis Federation (FRT) announced on Tuesday, June 3, according to news agency Agerpres. The decision honors Halep’s outstanding career and contributions to tennis. “Through this renaming, FRT aims to pay tribute to the...
In the first four months of 2025, there was an average of approximately 14 cases of domestic violence per hour in Romania. According to Save the Children Romania, the correlation between various forms of domestic violence and low education levels is becoming increasingly evident, representing a serious social problem. In Romania, roughly a third of children […]
A baby liger, the product of the mating of a lion and a tigress, was born at a private zoo in Suceava, in eastern Romania, Monitorul de Suceava reported. The baby is extremely rare, and there are at most 20 ligers in the world at the moment. It was met with excitement from local visitors. The […]
Former Romanian prime minister Călin Popescu Tăriceanu was definitively acquitted on Monday, June 2, by the High Court of Cassation and Justice in a case in which he was accused of bribery. Prosecutors at the Anti-Corruption Directorate (DNA) had claimed that he received USD 800,000 from representatives of an Austrian company in exchange for making […]
The Together for the Green Belt/Împreună pentru Centura Verde civic platform is calling on Romania’s main political parties, namely the Social Democrats (PSD), Liberals (PNL), USR, and Hungarians’s party UDMR, to include green belts in their next governing program, with a specific focus on the Bucharest-Ilfov Green Belt. The initiative is framed as a critical national […]