At end-January 2024, broad money (M3) amounted to RON 668,960.7 million, up 0.2 percent ( -0.9 percent în real terms) month on month. In year-on-year comparison, broad money rose by 10.8 percent (3.2 percent in real terms). At end-January 2024, broad money (M3) amounted to RON 668,960.7 million, up 0.2 percent ( -0.9 percent în real terms) month on month. In year-on-year comparison, broad money rose by 10.8 percent (3.2 percent in real terms). Credi to general government grew by 1.9 percent in January 2024 from the previous month, to RON 200,258.2 million. In year-on-year comparison, this indicator increased by 13.7 percent (5.8 percent in real terms). Deposits of non-government resident customers rose by 0.1 percent month on month to RON 574,679.1 million, while the annual growth rate was 11.9 percent (4.2 percent in real terms). RON-denominated deposits of residents, representing 69.7 percent of deposits of non government customers, decreased by 0.2 percent to RON 400,833.7 million month on month. In year-on-year comparison, they advanced by 18.4 percent (10.3 percent in real terms). RON-denominated household deposits increased by 0.9 percent to RON 220,229.9 million month on month and by 22.7 percent (14.3 percent in real terms) year on year. RON-denominated deposits of other sectors (non-financial corporations and non-monetary financial institutions) decreased by 1.6 percent (to RON 180,603.8 million) month on month and rose by 13.6 percent (5.8 percent in real terms) year on year. Foreign currency-denominated deposits of residents, representing 30.3 percent of the total volume of deposits of non-government customers, increased by 1.0 percent against December 2023 to RON 173,845.3 million when expressed in domestic currency (when expressed in EUR, these deposits increased by 0.9 percent to EUR 34,937.5 million). Compared to January 2023, this indicator dropped by 0.7 percent when expressed in RON (-1.8 percent when expressed in EUR). Foreign currency-denominated deposits of households rose by 0.5 percent from December 2023 to RON 120,328.4 million when expressed in RON (similar evolution when expressed in EUR). In year-on-year comparison, the indicator decreased 2.8 percent when expressed in domestic currency (-3.8 percent when expressed in EUR). Foreign currency-denominated deposits of other sectors grew 1.9 percent against December 2023 to RON 53,517.0 million when expressed in RON (similar evolution when expressed in EUR). Compared to January 2023, the indicator increased by 4.3 percent when expressed in RON (3.2 percent when expressed in EUR).
In the context in which agri-food systems are responsible for almost one third of global greenhouse gas emissions, Auchan Romania assumes an active role in the transition of its supply chain toward a more sustainable model. At the second edition of the Climate Supplier Event, organized under the aegis of the Climate Change Summit, the […]
Janiva Magness, the winner of seven Blues Music Awards following 26 nominations, and nominated for a Grammy for a career spanning 17 albums, is set to perform at the 14th edition of the Brașov Jazz & Blues Festival, which will take place between August 14–16, 2026. Magness is one of the most valuable and influential […]
Auction house Artmark announced a major auction for this winter featuring an engraving created by Francisco Goya, the most important Spanish artist of the late 18th and early 19th centuries. Romania's late communist leader Nicolae Ceaușescu received this gift from King Juan Carlos I as a gesture of diplomacy. The engraving entitled “The Engagement – Capricho […]
Authorities managing Romania's Bicaz Gorges–Hășmaș National Park has built a fish ladder system on the Bicaz River, which will allow protected species to migrate and reproduce. There are several bridges and small bridge structures in the Bicaz River that have a “bottom sill,” meaning small waterfalls. Fish that do not jump like the trout cannot […]
The far-right opposition parties in the Romanian Parliament are set to file a motion of no confidence against the government headed by prime minister Ilie Bolojan. The motion, authored by senator Ninel Peia of the Peace – Romania First group, is specifically aimed at the reformist party Save Romania Union (USR), and is entitled “Romania […]
Romania's iconic rock singer Adrian Pleșca, known as “Artan,” died on Tuesday, December 2, after a fatal stroke, at the age of 64. The artist founded the well-known band “Timpuri Noi” in 1982 and “Partizan” in 2001, and was popular on the Romanian rock scene. Over the years, he left and returned to the two bands. Several […]
