At end-June 2024, broad money (M3) amounted to RON 684,822.8 million, down 0.7 percent (-1.0 percent în real terms) month on month. In year-on-year comparison, broad money rose by 9.7 percent (4.5 percent in real terms). At end-June 2024 loans to non-government sector granted by credit institutions increased 1.8 percent (1.6 percent in real terms) from May 2024 to RON 400,694.9 million. RON-denominated loans, representing 69.1 percent of total volume of loans to non-government sector, grew by 2.3 percent, whilst foreign currency-denominated loans, holding 30.9 percent of total loans to non-government sector, rose by 0.8 percent when expressed in RON (similar evolution when expressed in EUR). In year-on-year comparison, loans to non-government sector advanced 6.7 percent (1.7 percent in real terms), on the back of the 8.7 percent increase in RON-denominated loans (3.5 percent in real terms) and the 2.7 percent rise in foreign currency-denominated loans expressed in RON (2.4 percent when expressed in EUR). At end-June 2024,Credit to general government granted by credit institutions decreased by 1.3 percent from May 2024, to RON 211,569.5 million. In year-on-year comparison, this indicator grew by 17.6 percent (12.0 percent in real terms). Deposits of non-government resident customers went down 1.2 percent month on month to RON 585,381.6 million, while the annual growth rate was 9.8 percent (4.6 percent in real terms). RON-denominated deposits of residents, representing 70.4 percent of deposits of non government customers, declined by 1.6 percent to RON 411,946.6 million month on month. In year-on-year comparison, they advanced 13.8 percent (8.5 percent in real terms). RON-denominated household deposits increased by 1.0 percent to RON 233,394.9 million month on month and by 20.2 percent (14.5 percent in real terms) year on year RON-denominated deposits of other sectors (non-financial corporations and non-monetary financial institutions) decreased by 4.8 percent (to RON 178,551.7 million) month on month and rose by 6.5 percent (1.4 percent in real terms) year on year. Foreign currency-denominated deposits of residents, representing 29.6 percent of the total volume of deposits of non-government customers, declined by 0.2 percent against May 2024 to RON 173,435.0 million when expressed in domestic currency (similar evolution when expressed in EUR). Compared to June 2023, this indicator grew by 1.2 percent when expressed in RON (0.9 percent when expressed in EUR). Foreign currency-denominated deposits of households advanced by 0.02 percent from May 2024 to RON 120,374.5 million when expressed in RON (when expressed in EUR, these deposits increased by 0.01 percent to EUR 24,185.7 million). In year-on-year comparison, the indicator decreased by 0.1 percent when expressed in domestic currency (-0.3 percent when expressed in EUR). Foreign currency-denominated deposits of other sectors went down 0.7 percent against May 2024 to RON 53,060.5 million when expressed in RON (similar evolution when expressed in EUR). Compared to June 2023, the indicator rose by 4.2 percent when expressed in RON (3.9 percent when expressed in EUR).
Romanian deep-tech startup .lumen, the developer of what it says are the world’s first AI-powered glasses for the blind, has secured a new investment from EIT Urban Mobility, the European innovation community focused on advancing sustainable and inclusive urban mobility solutions. The value of the new funding round was not disclosed. The investment aligns with […]
The health spending per capita in Romania was the lowest in the EU, with spending less than half the EU average in 2023, the recently released report, State of Health in the EU - Romania Country Health Profile 2025, shows. At the same time, life expectancy in Romania is 5.1 years below the EU average, […]
Romania’s annual inflation rate stood at roughly 9.8% in November 2025, similar to October, according to data published by the National Institute of Statistics (INS). Food prices increased by 7.6% last month, while services rose roughly 11% and non-food goods climbed 10.7%. The consumer price index rose by 0.42% in November compared with October, while […]
Three French soldiers deployed in Romania as part of NATO’s Multinational Battle Group at Cincu intervened to save a truck driver following a serious traffic accident on the A3 Bucharest–Ploiești motorway, the Romanian Ministry of Defense said. The incident occurred earlier this week as the soldiers were traveling toward Ploiești and witnessed the truck crash...
Eight contemporary art galleries will present the works of the artists they represent at the third edition of the Smallest Art Fair in Town, an event dedicated to works on paper. This edition showcases works “investigating the state of wandering, disorientation, and rediscovery in the face of uncertainty.” Under the title In Dark Woods, A […]
Parents everywhere are asking an important question: What skills will truly prepare a child for a world defined by rapid change, global uncertainty, and the rise of artificial intelligence? For decades, schools focused entirely on academics. Today, research from neuroscience, performance psychology, and leading universities shows a different reality: The students who thrive long-term are […]
