Public administration debt (government debt) rose in August 2025 to 1,084.25 billion lei, up from 1,070.18 billion lei in the previous month, according to data published by the Ministry of Finance (MF).As a percentage of GDP, government debt increased to 59.7%, from 58.9% in July (GDP according to the INS release of 10 October 2025).In August 2025, medium and long-term debt rose to 1,021.5 billion lei, from 1,004.9 billion lei in July 2025, while short-term debt fell to 63.1 billion lei, from 65.19 billion lei in the previous month.Most of this debt, namely 885.958 billion lei, consisted of government securities. Loans amounted to 175.48 billion lei.Debt in the national currency stood at 495.4 billion lei, debt in euro at the equivalent of 476.2 billion lei and debt in US dollars at the equivalent of 110.6 billion lei.According to data from the Ministry of Finance, in August the central public administration debt increased to 1,059.5 billion lei, from 1,046 billion lei in July 2025, of which 996.44 billion lei was medium and long-term debt. Most of the central administration debt was contracted in lei (476.06 billion lei) and in euro (the equivalent of 470.8 billion lei).Local public administration debt rose to 24.734 billion lei, from 24.175 billion lei in the previous month, of which 24.7 billion lei was medium and long-term debt.Also, in the eighth month of this year, public administration domestic debt amounted to 529.57 billion lei (523.11 billion lei in July 2025), or 29.2% of GDP (28.8% of GDP in the previous month), of which around 510 billion lei was central administration debt and 19.58 billion lei local administration debt.According to the same source, public administration external debt totalled 554.68 billion lei (547.06 billion lei in the previous month), or 30.6% of GDP (30.1% of GDP in July 2025), of which 549.5 billion lei was central public administration external debt and 5.155 billion lei local public administration external debt.
Romania, which for years ranked last in the EU for packaging waste recycling, now stands at the forefront of Europe’s circular economy, proving that a country with initially fragile infrastructure can implement, in record time, one of the most effective collection and recycling systems in Europe. This rapid transformation is taking place in a European […]
Tucked inside Radisson Blu Hotel, Bucharest, Ginger Sushi Bar & Lounge marks the turn of the year with an intimate New Year’s Eve dining experience built around a multi-course tasting menu. From 19:00 onwards, guests are welcomed to a carefully paced evening that blends Japanese inspiration with premium ingredients, from scallops and Wagyu to Chilean […]
Romanian non-profit Dăruiește Viață has completed a new renovation project at the “Louis Țurcanu” Emergency Children’s Hospital in Timișoara, upgrading the Pediatric Onco-Hematology Transplant Unit to modern medical standards. The investment, worth approximately EUR 150,000, was funded by Linde Gaz Romania and Atos Global Delivery Center. The organisation has been working with the Timișoara hospital […]
The multimedia exhibition Aici Se Vede Jazz (Here You Can See Jazz), set to open at SAC Berthelot in Bucharest, explores how jazz found its way in the pre-1990 Bucharest and “the contemporary ways to listen, visualize, perform and relate artistically to its world of sounds and ideas.” Bucharest had improvised studios, rehearsals with the […]
Aon Romania, part of the global group Aon plc, draws attention to the urgent need for structured solutions to protect trade receivables in an economic context characterized by high volatility and geopolitical uncertainty. The subject was central to the discussions at TRADE CREDIT TALKS - Receivable Protection in the Age of Volatility, where business leaders […]
Bucharest’s shopping centres posted mixed financial results in 2024, with major discrepancies between the city’s largest malls and mid-sized retail centres, according to financial analysis platform RisCo.ro. The data shows contrasts in profitability and turnover, as well as significant losses among some of the capital’s biggest retail projects. AFI Cotroceni recorded the highest turnover of […]
