In January - July 2024, the balance-of-payments current account posted a deficit of EUR 15,178 million, compared with EUR 11,328 million in January - July 2023, according to a National Bank of Romania (BNR) release.The breakdown shows that the deficit on trade in goods widened by EUR 2,531 million, the surplus on services fell by EUR 1,303 million, the primary income deficit increased by EUR 538 million, while the secondary income surplus grew by EUR 522 million.In January - July 2024, total external debt increased by EUR 10,247 million to EUR 180,330 million, of which: long-term external debt at end-July 2024 ran at EUR 131,851 million (73.1 percent of total external debt), up 8.3 percent against end-2023; short-term external debt at end-July 2024 amounted to EUR 48,479 million (26.9 percent of total external debt), up 0.3 percent from end-2023.Long-term external debt service ratio stood at 16.4 percent in July 2024 against 16.7 percent in 2023. At end-July 2024, goods and services import cover ran at 5.9 months, as compared to 5.6 months at end-2023.At end-July 2024, the ratio of the National Bank of Romania's foreign exchange reserves to short-term external debt by remaining maturity came in at 103.8 percent, as against 96.3 percent at end-2023.
Waterdrop®, brandul european care a redefinit experiența de hidratare prin soluții sustenabile și design minimalist, lansează în România colecția AO26 în Ediție Limitată, inspirată de dinamica și ritmul inconfundabil al Australian Open. Noua colecție aduce în prim-plan produse create pentru cei care își doresc hidratare de nivel profesionist în viața de zi cu zi, de […]
The 33rd edition of Concerto di Natale, held on December 13, 2025, at the Auditorium Conciliazione in Rome, will feature Romanian artists Stephanie Radu and Alin Stoica. The concert, a Christmas emblem, brings artists from all over the world before the international public. Soprano Stephanie Radu will perform two special moments, namely “Regalo di Natale,” her […]
North Bucharest Investments has been honored at the CIJ Awards 2025 with the Best Residential Real Estate Agency of the Year distinction — a recognition of the company’s performance, dedication, and strong positioning within Romania’s high-end residential market. “This award is about people. About those who choose, every single day, to believe in this company, […]
Romania ranks 11th in the world in the EF English Proficiency Index 2025, with a “very high” level of English language skills. According to the index, which represents one of the most extensive global studies on language competence, adults in Romania show a high level of English knowledge. English remains the main international language of communication, […]
Over EUR 1 million was raised at the 25th Christmas Tree Festival, which took place on Thursday, December 4, at the National Museum of Art in Bucharest. Funds will be used by Save the Children Romania, the organizer of the auction, for access to quality education. The tree that raised the most money in the […]
Allianz-Țiriac Asigurări, one of the leading insurance companies on the local market, has completed the sale of its two former headquarters located in the Victoriei Square area of Bucharest. The deals were brokered by Cushman & Wakefield Echinox. The property on Căderea Bastiliei Street, of approximately 6,000 sqm GLA, was acquired by Praktiker Real Estate, […]
