The government debt dropped, in March 2022, to 593.972 billion lei, from 596.9 billion lei the previous month, according to data centralized by the Finance Ministry. Reported to GDP, the public debt dropped slightly to 60.3% from 50.6% at the end of February. Medium and long term debt dropped to 573,586 billion lei in March, while the short term one went up to 20.386 billion lei.Most of that debt of 491.553 billion lei, was represented by state bonds. Loans amounted to 91.688 billion lei. 262.988 billion lei was the public debt in lei, 284.284 billion lei was the public debt in euros and 45,293 billion lei was the equivalent in US dollars. The debt of the central public administration was 577.122 billion lei at the end of March, of which 556.761 billion lei on medium and long term. The largest part of that debt was in euro (280.134 billion lei) and in lei (250.290 billion lei). The local public administration debt was 16.849 billion lei, of which 15.824 billion lei on medium and long term. According to Finance Ministry data, the foreign debt of the public administration was 303.630 billion lei (25.7% of GDP) of which 298.761 billion lei the foreign debt of the central public administration and 4.869 billion lei the foreign debt of the local public administration.
Cyclists from 17 countries in Europe have confirmed their presence at the first Mountain Bike European Championship hosted by Romania. The event, scheduled for May 8-12, will bring world champions such as Pauline Ferrand-Prévot, Puck Pieterse, and Victor Koretzky, as well as Romanian stars Vlad Dascălu and Ede Molnar to Cheile Grădiștei. Nearly 200 riders […]
Complice.ro, curator and provider of experiences for individuals and companies, closed the first 3 months of the year with a double turnover (+109%) compared to the same period last year. The positive dynamics is attributed both to the growing interest of companies to strengthen their organizational culture through events with an experiential component and to […]
According to a new survey carried out by INSCOP for News.ro, over 60% of Romanians agree with mandatory voting, representing an increase of almost 20% compared to ten years ago. They believe that a greater turnout...
Sphera Franchise Group, the largest food service operator in Romania, continues to invest in expanding its restaurant portfolio and inaugurates the third KFC unit in Pitesti, in the city’s newest mall. “We are constantly looking for new expansion opportunities for the KFC network, and at the same time, we have in mind the premises offered […]
Announced at the 2024 European Congress of Radiology in Vienna, the technology equipping the MAGNETOM Flow system makes its debut in our country The first such device will be installed at the Dorna Medical Clinic in Borșa in June 2024 Prominent figures from national and international medical, scientific, and educational fields were present at the […]
PepsiCo, a leader in the food and beverage industry, said it installed photovoltaic panels at three sites in Romania, specifically in Dragomirești, Popești-Leordeni, and Covasna. The project represents a local investment of USD 2.1 million in over 3,000 photovoltaic panels, with a combined installed capacity of 1,700 kWp and the potential to generate over 1,300 […]
