The current account of the balance of payments recorded a deficit of 29.370 billion euros in 2024, compared to 21.491 billion euros in 2023, according to data released by the National Bank of Romania, published on Thursday.In its structure, the balance of goods recorded a deficit higher by 3.854 billion euros, the balance of services recorded a surplus lower by 1.815 billion euros, the balance of primary income recorded a deficit higher by 1.273 billion euros, and the balance of secondary income recorded a surplus lower by 937 million euros.During the period January - December 2024, the total external debt increased by 20.336 billion euros, up to 203.575 billion euros. In structure, long-term external debt amounted to 154.433 billion euros as of December 31, 2024 (75.9% of total external debt), up 12.7% compared to December 31, 2023. Short-term external debt recorded on December 31, 2024 the level of 49.142 billion euros (24.1% of total external debt), up by 6.3% compared to December 31, 2023.The long-term external debt service rate was 16.5% in December 2024, compared to 16.7% in 2023. The coverage rate of imports of goods and services on December 31, 2024 was 5.8 months, compared to 5.6 months on December 31, 2023.The coverage rate of short-term external debt, calculated at the residual value, with foreign exchange reserves at the NBR on December 31, 2024 was 100.3%, compared to 99.7% on December 31, 2023.
Bogdan Mircea Petre, one of the lawyers who represented far-right politician Călin Georgescu, is allegedly involved in a case of sexual assault after he was caught in the act during a meeting with a minor, according to Digi24. The “sting operation” was organized by Alex Costandachi, known in the public space as Justițiarul...
Roughly 8 out of 10 chief financial officers, or CFOs, from Romania’s largest companies say they now need constantly updated financial forecasts, unlike previous years when the focus was primarily on financial results, budgeting, and accounting, according to Inulta, a company specializing in Corporate and Enterprise Performance Management. The forecasts come to offer a degree […]
Romanian prosecutors have placed a precautionary seizure on the accounts and assets of the mercenary Horațiu Potra, in a case of tax evasion, embezzlement, and money laundering. The measure targets over RON 24 million, nearly 30 kilograms of gold, a property in Bucharest, and 11 properties and apartments in Sibiu. According to investigators cited by […]
The first sales figures from two of the largest European markets, France and Germany, both major markets for the Dacia brand, show that the debut of the carmaker's largest SUV, the Bigster, has been impressive. June data on car registrations in Germany show that the Dacia Bigster managed to sell 1,227 units in its second […]
After a 2024 marked by adaptation and consolidation, Romanian eCommerce entered 2025 with a more restrained dynamic. According to MerchantPro Compass, the biannual analysis conducted by MerchantPro, a SaaS eCommerce platform supporting over 2,000 active online stores—the first half of this year confirms a paradigm shift: it’s no longer about how much you sell, but […]
The TIFF Unlimited Caravan is hitting the road for the 16th consecutive year, bringing a diverse selection of Romanian and international films to audiences across the country. From July to September 2025, the traveling film series will stop in ten towns and cities, offering outdoor and indoor screenings of comedies, love stories, and family-friendly films. […]
