The arrears of the consolidated general budget increased by 7.6% in April 2025 compared to the previous month, up to 594.9 million lei, from 552.5 million lei in February, according to data published on the website of the Ministry of Finance (MF). The arrears of over 90 days increased by 4.01%, from 161.9 million lei up to 168.4 million lei and those of over 120 days went up by 16.59% from 239.9 million lei in March 2025 at 279.7 million lei in April. The arrears of over 360 days registered a decline of 2.53% from 150.6 million lei up to 146.8 million lei.According to the cited source, as regards local budgets, arrears increased by 7.7 per cent, from 521.3 million lei (in March 2025) to 561.5 million lei (in April 2025). Arrears over 90 days increased by 2.2 per cent to 154.9 million lei, those over 120 days by 17.33 per cent to 270.8 million lei, and arrears over 360 days decreased by 2.24 per cent to 135.8 million lei. In the 'State budget and autonomous budget' chapter, arrears increased from RON 31.3 million in March 2025 to RON 33.4 million in April 2025 (+6.7%). Arrears more than 90 days overdue rose by 29.8 per cent to RON 13.5 million. Those over 120 days decreased by 4.35% to RON 8.8 million, while those over 360 days decreased to RON 11 million (minus 6%).
Border checks between Bulgaria and Romania have officially been lifted on July 1, as part of the implementation of the Schengen Agreement. The lifting marks the end of the transitional period of heightened control at the internal border, which had remained in place for six months following their accession to the Schengen area by land […]
Remus Vulpescu became CEO of the Bucharest Stock Exchange (BVB) on Tuesday, July 1, taking over from Adrian Tănase as the stock exchange grapples with a market dominated by government bonds. Vulpescu, 53, is a graduate in political and legal sciences from the University of Bucharest and holder of an EMBA obtained in 2017. He […]
The government has officially included green belts in its 2025-2028 governing program, marking a significant step forward in the country's environmental policies, the Împreună pentru Centura Verde/Together for the Green Belt civic platform announced, further stressing the need for real progress. Its representatives have been advocating for the national adoption of green belts as a […]
The well-known bookstore chain Cărturești is set to open Romania’s largest bookstore as part of an innovative edutainment concept within the expansive RIVUS project in Cluj-Napoca. The new store, spanning 2,500 square meters over two floors, will combine a broad selection of books in Romanian, Hungarian, and English with stationery, home décor, toys, and gifts, […]
The last 18 km of the A0 southern half-ring, which circles the lower part of Bucharest, were officially opened for traffic on Monday, June 30. Authorities are hopeful that it will lead to less congestion in the city. By opening this lot, drivers will be able to completely avoid Bucharest’s Ring Road, a single-lane-per-direction road […]
Romanian prosecutors have dismantled a criminal network that helped Russians, Ukrainians, and Moldovans obtain Romanian ID cards with the help of state employees. The group secured ID cards for seven thousand foreigners over the last two years, according to investigators. The perpetrators would establish fictitious residences in Romania with the help of employees from the […]
