The ministry of finances (MF) planned, in September 2025 loans from commercial banks worth 6.2 billion lei, plus the sum of 795 million lei through supplementary sessions of non-competitive bidding, related to bond auctions.The total sum of 6.995 billion lei is by 385 million larger than the one which was programmed for August this year, of 6,61 billion lei and it will be destined to refinancing and early repayment of public debt and financing the state budget deficit.According to the prospectus published in the Official Gazette, on September 4 there will be an auction for an issue of Treasury certificates with discount in the amount of 500 million lei maturing on August 31, 2026, and on September 18 for an issue of 400 million lei maturing on March 30, 2026. Auctions will also be organized during September for 13 benchmark bond issues with a total amount of RON 5.3 billion, followed the next day by an additional non-competitive bidding session with an amount of 15% of the initial amount of the bond issue (RON 795 million in total). Thus, auctions were scheduled for one bond issue of 300 million lei on September 11, ten of 400 million lei on September 1, September 4, September 8, September 11, September 15 (two), September 22, September 25 (two) and September 29, and two issues of 500 million lei on September 1 and September 8.
A total of 58% of the Romanian respondents to a recent Eurobarometer survey believe the war in Ukraine is one of the main challenges the EU is facing. This is higher than the EU average of 47% of respondents who share this belief. The cost of living worries 31% of the Romanian respondents, which is […]
Romania has been elected as a full member of the UNESCO Executive Board for the 2025–2029 term, the first such appointment in 14 years. Romanian officials noted that the country will work closely with other member states to promote dialogue, knowledge, and international cooperation, in the spirit of UNESCO’s principles and the objectives aimed at […]
The Government of Romania may draft several separate ordinances to legislate the fiscal measures initially included in a law, part of the second package of budgetary reforms, partly rejected by the Constitutional Court. The provisions put forth by the ruling coalition in a single law initially include critical measures, such as the "tax on [foreign] […]
The Constitutional Court of Romania (CCR) published its detailed ruling (motivation) on the magistrates’ pensions law on November 7. This should trigger the Government’s procedures for re-launching the law, according to statements by Prime Minister Ilie Bolojan and Social Democrat leader Sorin Grindeanu, who argue for different strategies. While PM Bolojan wants the same bill […]
Romania’s state-controlled electricity distribution and supply company Electrica (BVB: EL) has submitted a non-binding offer for the acquisition of Distribuție Energie Oltenia (DEO), the electricity distribution company controlled by the Macquarie investment fund, according to
The Government of Romania, through its seaport company Administratia Porturilor Maritime (CNAMP), is close to buying Moldova's largest port, Giurgiulesti (PILG), from the European Bank for Reconstruction and Development (EBRD), announced Romania's Minister of Transport, Ciprian Șerban, speaking for
