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).
Some dinners are eaten. Others are remembered. At Corinthia Grand Hotel du Boulevard, the past few months have unfolded like a quiet culinary opera. One by one, Europe’s most celebrated chefs arrived, took over the kitchen of Boulevard 73 and left behind more than menus; they left stories. Now, on December 4, the curtain falls. […]
HORIZON CITY, a €130 million residential project, is emerging as one of the most solid and forward-thinking developments in the Pipera area—both through its scale and through the modern direction it sets for the new residential standards in the north. Developed across nearly 23,000 sqm, with 699 apartments and 926 parking spaces, the project brings […]
Romania’s National Forest Administration, or Romsilva, announced that it is putting over 16,000 Christmas trees up for sale over the winter in a press release published on Thursday, November 27. The trees can be purchased directly from the offices of the forestry districts. Prices range between RON 17 (EUR 3.3) for a spruce...
Lot 3 Pietroasele–Buzău of Romania's A7 highway, also known as the Moldova highway, was inaugurated on Thursday, November 27. The newly inaugurated segment is 13.9 km long. The A7 connects Romania’s historic regions of Muntenia, the southern part of the country, with Moldova, the eastern part. “We are opening another 13 km of the Moldova Motorway […]
The City Hall of Sinaia, a popular mountain town roughly 120 km north of Bucharest, announced that a new attraction, the alpine coaster on Pârtia Nouă, will officially open on December 1. The installation, located in the ski area near the Sinaia Gondola, features what the authorities say is the longest track of its kind […]
The Romanian national team debuted with a victory in Group A of the Women’s Handball World Championship, organized in the Netherlands and Germany. Romania won 33–24 (13–12) against Croatia in the Ahoy Arena in Rotterdam on Thursday, November 27. The Romanian team dominated the match in the second half, left backer Sorina-Maria Grozav scoring 7 […]
