Romania's public administration debt (government debt) rose in April 2025 to RON 1,013.16 billion, from RON 998.196 billion in the previous month, according to data published by the Ministry of Finance (MF).As a percentage of the Gross Domestic Product (GDP), government debt increased to 56.6%, from 55.8% in March (GDP according to the National Institute of Statistics INS press release of July 10, 2025).In April 2025, medium- and long-term debt increased to RON 937.286 billion, from RON 923.08 billion in March 2025, and short-term debt increased to RON 75.87 billion, from RON 75.11 billion in the previous month.Most of the debt, namely RON 831.35 billion, was made up of government securities. The loans amounted to RON 162.85 billion.The debt in national currency amounted to RON 471.3 billion, the debt in euros to RON 444.73 billion, RON equivalent, and the debt in US dollars to 95.2 billion, RON equivalent.In April, the debt of the central public administration increased to RON 989.23 billion, from RON 974.44 billion in March 2025, including RON 913.39 billion in medium and long term. Most of the central administration's debt was contracted in RON (RON 452.47 billion) and in euros (RON 439.46 billion equivalent).The debt of the local public administration rose to RON 23.928 billion, from RON 23.748 billion in the previous month, including RON 23.897 billion in the medium and long term.At the same time, in the fourth month of 2025, the domestic debt of the public administration amounted to RON 508.7 billion (RON 503.05 billion in March 2025), which is 28.4% of GDP (28.1% of GDP in the previous month), RON 490.09 billion of which were the debt of the central administration and RON 18.601 billion the debt of the local administration.External debt of the public administration amounted to RON 504.46 billion (RON 495.14 billion in the previous month), which is 28.2% of GDP (27.7% of GDP in March 2025), including RON 499.136 billion in external debt of the central public administration and RON 5.32 billion was in external debt of the local public administration.
Former US first lady Michelle Obama, the wife of Barack Obama, was in Bucharest on Thursday, September 18, to serve as the main guest at the second edition of the Impact Bucharest series of conferences. The former first lady spent about an hour in front of a large audience, speaking about her childhood in a […]
Czech president Petr Pavel spent a few days in Romania at the beginning of September while on holiday. According to statement by the Romanian Embassy in Prague, the Czech leader traveled mountain routes by motorcycle and chose modest accommodations. Pavel tried to see as much of what Romania had to offer. He planned his routes, […]
Romania is taking tangible action toward its green transition through sustainable infrastructure projects, public‑private partnerships and green bonds. Experts, government officials and business leaders have gathered today at the CES Bucharest ESG Conference, to present progress and identify solutions through which the public and private sectors can collaborate to build a sustainable and competitive economy. […]
Prime minister Ilie Bolojan announced that he will visit Brussels next week to talk to three European commissioners about deficits, defense, and EU financing. The first meeting will be with the commissioner for economy, Valdis Dombrovskis, as Romania “must adjust the issues related to deficits to be a trustworthy country, so as not to continue […]
A large majority of Romanians, namely 85%, have heard of celebrated composer George Enescu, according to the third edition of the Informat.ro – INSCOP Research Barometer conducted earlier this month. However, the survey shows a slight decline in cultural awareness compared to 2013, particularly among younger generations. The
The volume of trade between Romania and China was almost USD 9.3 billion in 2024, according to official statistics. Trade between the two, however, is not balanced. Romania registered a USD 7.7 billion deficit with China, and a USD 2.1 billion deficit in the first quarter of 2025 as well. The People’s Republic of China […]
