The current account of the balance of payments saw a deficit of 22.275 billion euros in January-September 2025, up 8.58% against the 20.515 billion euros recorded in the same interval in 2024, the National Bank of Romania (BNR) informs in a press release on Thursday.According to the same source, the balance of goods saw a deficit higher by 843 million euros, the balance of services recorded a surplus higher by 758 million euros, the balance of primary income recorded a deficit higher by 1.256 billion euros, and the balance of secondary income recorded a surplus lower by 419 million euros.In the first nine months of this year, non-resident direct investments in Romania amounted to 5.647 billion euros (compared to 4.964 billion euros in the period January - September 2024), of which equity participations (including estimated reinvested profit) amounted to a net value of 4.972 billion euros, and intragroup loans recorded a net value of 675 million euros.Total external debt increased in the mentioned period by 17.773 billion euros, up to 221.283 billion euros. In structure, long-term external debt amounted to 174.027 billion euros as of September 30, 2025 (78.6% of total external debt), up 11.3% compared to December 31, 2024, and short-term external debt recorded on September 30, 2025 the level of 47.256 billion euros (21.4% of total external debt), up 0.2% compared to December 31, 2024.The long-term external debt service rate was 15.1% in the period January - September 2025, compared to 21.5% in 2024. The coverage rate of imports of goods and services as of September 30, 2025 was 6 months, compared to 5.7 months on December 31, 2024.The coverage rate of external debt on short-term, calculated at residual value, with foreign exchange reserves at the BNR on September 30, 2025 was 103.2%, compared to 103.6% on December 31, 2024.
Romanian president Nicușor Dan announced on Tuesday, December 9, that French president Emmanuel Macron will pay an official visit to Romania in 2026. The confirmation was made during Dan’s visit to Paris, where the two leaders held extensive discussions on defence, security, and economic...
Ireland can be seen as one of the most important business hubs in Europe and the European Union, as many international companies have established regional headquarters there. If you are looking for a country to expand your enterprise, you should definitely consider Ireland for several reasons that are presented below. Location and language The first […]
Cyprus is mostly known as a tourist destination. However, there is also a business side to it, as many investors choose it to open companies because of the favorable taxation system. Apart from its low corporate tax rate, there are a few more reasons why you should choose it if you are looking for a […]
The Romanian Commercial Code provides for various types of entities that can be created by natural persons and companies, local or foreign. Each of them has its own particularities, which can give it various advantages. How do you choose among them? We will review the main types of companies and their pros to help you […]
A new alley named after Romanian diplomat Nicolae Titulescu was inaugurated on Tuesday, December 9, in Paris’s Parc Monceau during a ceremony attended by Romania’s president Nicușor Dan and Paris mayor Anne Hidalgo. “I expressed my appreciation for the decision to name an alley in the beautiful Parc Monceau in Paris after the great Romanian […]
Oxygen Resort, a development located in central Romania’s Harghita county, has inaugurated its first bungalows. The first 18 bungalows are already functional, with another 17 units to be completed in the next stage, bringing the total to 35. The inauguration of the bungalows “marks the transition from a center dedicated predominantly to recreational activities to […]
