The balance of non-governmental loans granted by credit institutions increased in August 2024 by 1.0% compared to July 2024 (0.7% in real terms), up to the level of 407.893 billion RON, according to the data of the National Bank of Romania, published on Tuesday.Loans in RON, with a weight of 69.7% in the total volume of non-governmental loans, increased by 1.3%, and foreign currency credit expressed in RON, with a weight of 30.3% in the total volume of non-governmental credit, increased by 0.3% (similar evolution in the case of expressing the indicator in euros).Compared to the same period of 2023, non-governmental credit registered an increase of 7.7% (2.5% in real terms), due to the 10.0% increase in the component in RON (4.7% in real terms) and with 2.7% of the foreign currency component expressed in RON (2.0% in the case of expressing the indicator in euros).The balance of government loans granted by credit institutions increased in August 2024 by 1.3% compared to July 2024, up to 220.307 billion RON. Compared to August 2023, it increased by 20.7% (14.8% in real terms).The monetary mass in a broad sense (M3) recorded a balance of 693.601 billion RON at the end of August 2024. This increased by 0.8% (0.6% in real terms) compared to July 2024, and compared to August 2023 it increased by 10.8% (5.4% in real terms).
If you’re searching for a hidden gem in Europe, Romania is calling your name. Tucked between the Carpathian Mountains and the Black Sea, this country is an untouched marvel, combining natural beauty, rich history, and endless opportunities for entrepreneurs and retirees alike. Romania offers a unique blend of modern life and ancient charm, making it […]
Let’s talk about the lack of connection with our body and how this is closely tied to burnout, plus, what to do about it. So often throughout the day, we live almost entirely in our minds. We’re focused either on what we have to do at the moment—tasks that increasingly demand mental effort over physical […]
Six men and one woman from Romania have been accused of recruiting dozens of children and adults from foster care centers, whom they then transported to Hungary, where they turned them into slaves, forcing them to work under inhumane conditions. The accused are from the localities of Ozun and Chilieni, Covasna County, Romania, and allegedly […]
The Museum of Collectivization, the first in Romania dedicated to the forced collectivization period of the communist era, is set to open a new wing, Corp B, funded through the EU-backed National Recovery and Resilience Plan (PNRR) and co-financed by the National Cultural Fund Administration (AFCN). With the new building, the museum located in Tămășeni, […]
Romania’s “Madrigal – Marin Constantin” National Chamber Choir, conducted by Anna Ungureanu, will be in Luxembourg and Belgium, as part of the “Bridges Across Europe/Punți peste Europa” European tour, where it will perform five extraordinary concerts. The performances will take place between November 20 and 25, with the help of the Ministry of Culture, the Romanian Embassy […]
The European Development Bank approved a EUR 140 million loan for Romania’s “Cultural Foundations” project, aimed at preserving historical monuments and constructing cultural buildings in the country. The project targets 14 investment objectives of national and European relevance, administered by public institutions under the Ministry of Culture, including the Romanian Athenaeum, the Romanian National Operas […]
