The Ministry of Finance (MF) is planning to raise this February RON 5.5 billion from commercial banks, to which another RON 705 million may be added through additional non-competitive bidding sessions related to bond auctions.The total amount of RON 6.205 billion is RON 115 million less than the RON 6.32 billion scheduled in January 2024 and will be used to refinance public debt and finance the state budget deficit.According to the prospectus published in the Official Journal, on February 1 an auction was held for a discount T-bill issue worth RON 300 million, maturing on August 21, 2024, and on February 5 an auction will be held for an issue of RON 500 million, maturing on January 29, 2025.Ten benchmark bond issues worth a total of RON 4.7 billion will be launched in February 2024, followed the next day by a additional non-competitive bidding session for 15 percent of the initial value of the bonds (RON 705 million in total).Thus, auctions were scheduled for: a RON 600 million bond issue on February 1, 2024, seven RON 500 million issues on February 5, February 8 (two), February 12, February 15, February 19 and February 29, a RON 400 million issue on February 26 and a RON 200 million issue on February 22, 2024.
President Nicușor Dan, in office for roughly three months, attended the Salzburg Industrialists' Summit, the most important reunion of the Austrian business community, urging them to invest in Romania. Specifically, the president emphasized the strategic opportunities in the defense, energy, infrastructure, and logistics sectors. “Romania is significantly expanding its defense industry. Our sector offers real […]
A scandal broke out on Friday, July 25, after it was made public that deputy prime minister Dragoș Anastasiu was a witness in an older corruption case involving one of his companies. The company, Eurolines, paid bribes for eight years to a financial inspector from Romania’s tax agency ANAF. Records from the Anti-Corruption Directorate show that between […]
A scandal broke out on Friday, July 25, after it was made public that deputy prime minister Dragoș Anastasiu was a witness in an older corruption case involving one of his companies. The company, Eurolines, paid bribes for eight years to a financial inspector from Romania’s tax agency ANAF. Records from the Anti-Corruption Directorate show that between […]
The Drapers' Bastion in Brașov, built between the years 1450–1455, will be restored with European funds. The urban landmark will become an interactive museum integrated into the tourist circuit. The rehabilitation of the Drapers' Tower will support not only tourism but also the construction sector, contributing to the economic and cultural revitalization of Brașov, according […]
The National Meteorological Administration (ANM) has issued a code-red warning for persistent and intense heat from July 26, 10:00 AM to July 27, 10:00 AM for the regions of Banat, Oltenia, most of Muntenia, and southern continental Dobrogea. Day temperatures are expected to reach between 39 and 43 degrees Celsius, while the temperature-humidity index is […]
The fifth edition of Jazz Bastion will bring three concerts to the Weavers' Bastion in Brașov, featuring musicians from Romania, Ireland, and Switzerland. This year's edition "highlights the cultural diversity of music, which always brings together artists and audiences alike, regardless of language, nationality or affinities," the organizers explained. The public can attend performances by […]
