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.
I am a bit late to the party, but I have thoughts (and concerns) on Radu Jude’s much talked-about Dracula, and even more thoughts (and compliments) on other films that I fear might have gone under the radar a bit. Let’s go! There is no more recognizable marketing asset for the local tourism (and no […]
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 […]
