At end-February 2025, broad money (M3) amounted to RON 737,187.2 million, up 0.3 percent (-0.6 percent in real terms) month on month. In year-on-year comparison, broad money rose by 9.0 percent (3.8 percent in real terms). At end-February 2025, loans to non-government sector granted by credit institutions increased 0.4 percent (-0.5 percent in real terms) from January 2025 to RON 420,249.5 million. RON-denominated loans, representing 69.9 percent of total volume of loans to non-government sector, grew by 0.4 percent, whilst foreign currency-denominated loans, holding 30.1 percent of total loans to non-government sector, advanced 0.3 percent when expressed in RON (similar evolution when expressed in EUR). In year-on-year comparison, loans to non-government sector advanced 9.4 percent (4.2 percent in real terms), on the back of the 11.3 percent increase in RON-denominated loans (6.0 percent in real terms) and the 5.3 percent rise in foreign currency-denominated loans expressed in RON (5.2 percent when expressed in EUR). At end-February 2025, credit to general government granted by credit institutions decreased 0.2 percent from January 2025, to RON 246,976.7 million. In year-on-year comparison, this indicator grew by 12.6 percent (7.3 percent in real terms). Deposits of non-government resident customers rose by 0.3 percent month on month to RON 626,552.4 million, while the annual growth rate was 7.8 percent (2.6 percent in real terms). RON-denominated deposits of residents, representing 70.0 percent of deposits of non government customers, picked up by 0.4 percent to RON 438,592.6 million month on month. In year-on-year comparison, they advanced 7.8 percent (2.6 percent in real terms). RON-denominated household deposits increased 0.5 percent to RON 253,202.1 million month on month and by 13.2 percent (7.8 percent in real terms) year on year. RON-denominated deposits of other sectors (non-financial corporations and non-monetary financial institutions) advanced 0.2 percent (to RON 185,390.5 million) month on month and rose by 1.1 percent (-3.7 percent in real terms) year on year. Foreign currency-denominated deposits of residents, representing 30.0 percent of the total volume of deposits of non-government customers, went down 0.01 percent against January 2025 to RON 187,959.8 million when expressed in domestic currency (similar evolution when expressed in EUR). Compared to February 2024, this indicator grew by 7.8 percent when expressed in RON (7.6 percent when expressed in EUR). Foreign currency-denominated deposits of households declined by 0.5 percent from January 2025 to RON 127,808.4 million when expressed in RON (similar evolution when expressed in EUR). In year-on-year comparison, the indicator increased 6.6 percent when expressed in domestic currency (6.4 percent when expressed in EUR). Foreign currency-denominated deposits of other sectors advanced 1.0 percent against January 2025 to RON 60,151.4 million when expressed in RON (similar evolution when expressed in EUR). Compared to February 2024, the indicator rose by 10.4 percent when expressed in RON (10.2 percent when expressed in EUR).
Romania’s authorities are reportedly negotiating with Turkish company Desan Shipyard, which is pondering the option of taking over the activity of Damen Shipyards Mangalia, abandoned last year by its 49% strategic shareholder Damen and currently under insolvency, according to
Faster declines in orders and output fail to dampen future outlook Reduced demand for inputs sees inflationary pressures cool... ...and supplier performance improve for the first time on record The Romanian manufacturing downturn deepened in March, as firms signalled a deterioration across all elements of the headline PMI. New orders and output decreased at faster […]
Digital services revenue is estimated to rise by 44%, expanding from 34% to nearly half (49%) of companies revenue by 2029, according to a report compiled from IDC surveys across Europe, Asia-Pacific region (APAC), and the Middle East demanded by Endava (NYSE ‘DAVA’), a leading technology services company combining world-class engineering, industry expertise, and a […]
On Monday, March 31, a detachment of the Romanian Air Force called "Carpathian Vipers" began executing an enhanced air policing mission in Lithuania. The mission will last four months, between April and July 2025. The "Carpathian Vipers" detachment, consisting of approximately 100 military personnel and four F-16 Fighting Falcon aircraft, will carry out missions alongside […]
On Tuesday, April 1, controversial brothers and influencers Andrew and Tristan Tate left for Dubai after meeting with DIICOT prosecutors. Before they departed, the brothers mentioned that they would return to Romania within the legal period of two months, in accordance with the obligations of judicial control. "On April 1, 2025, Andrew Tate and Tristan […]
Wizz Air has officially opened its base at Bucharest Băneasa Airport, the capital’s secondary one, which will be served by an Airbus A321neo aircraft. An additional aircraft will also operate from Bucharest’s Henri Coandă Airport (Otopeni) from August 1, bringing the total number of aircraft based in Bucharest to 21 this summer, the carrier said. […]
