The government debt as of end-November 2021 was RON 557.886 billion, up from RON 552.385 billion in the previous month, shows data centralized by the Finance Ministry and processed according to the EU methodology.The government debt-to-GDP ratio was 48.7 percent at the end of November (48.2 percent of GDP at the end of October 2021).The medium- and long-term debt stood at RON 536.067 billion, while the short-term debt was RON 21.819 billion.Government securities account for the bulk of this amount - specifically RON 473.858 billion, while loans total RON 73.968 billion.RON 257.288 billion of the government debt was in local currency, as much as RON 254.764 billion is denominated in euros and RON 44.289 billion is the equivalent of debt in US dollars.At the end of November, the central public administration accounted for RON 541.823 billion of the public debt, of which RON 520.032 due in the medium and long term. The bulk of the central government debt is in euros (the equivalent of RON 250.794 billion) and in RON (245.198 billion).The local public administration accounts for RON 16.062 billion of the government debt, with RON 16.034 billion in the medium and long term.According to the Public Finance Ministry, the public administration's foreign debt was RON 283.947 billion (24.8 percent of GDP), of which the central public administration accounts for RON 279.292 billion and the local public administration for RON 4.654 billion.
More than 2 out of 3 Romanian consumers do not return for a second purchase, according to the new Customer Loyalty Index, a comprehensive analysis based on aggregated data from campaigns and authored by White Image, the oldest email marketing company in Romania. The Index analyzes the post-purchase behavior of Romanian consumers and highlights major […]
Fashion retailer Primark announced major plans to expand its presence in Romania, confirming four new store openings for 2026. This will double its presence in the market and create over 450 new jobs. The announcement arrived at an important moment for the company, which marked three years since the opening of its first Romanian store […]
Romania’s National Road Investment Company (CNIR) awarded on Tuesday, December 16, the contract for the design and construction of the Bacău–Piatra Neamț express road to a Romanian–Bulgarian consortium. The value of the contract is RON 5.17 billion (some EUR 1 billion), excluding VAT, and its signing will take place if no appeals are filed. The […]
Romania will host its first mixed team European Judo Championship in 2027, according to the Romanian Judo Federation. The competition will take place at a key moment in the Olympic cycle, when the points earned will directly influence world rankings and qualification for the Olympic Games, according to FR Judo. The event will...
Radu Miruță, currently Romania’s economy minister, was proposed to lead the Defense Ministry. He will also hold the position of deputy prime minister. In his place, senator Irineu Darău has been proposed to take the helm of the Economy Ministry. The Defense and Economy Ministries are handled by the center-right reformist party Save Romania Union […]
Carrefour Romania has expanded its proximity retail network, reaching 200 Express stores and 191 Market locations nationwide, as part of its strategy to strengthen convenience formats. The retailer announced that the 200th Carrefour Express store will open on December 22. In 2025 alone, Carrefour opened 27 Express stores, including 19 company-operated units and eight franchise […]
