The largest classical music event in the country begins in Bucharest, where a celebration of dance is also scheduled downtown. Meanwhile, indie spirit is in focus at a festival in the village of Hosman, and...
As of end-October 2024, the forex reserves of the National Bank of Romania (BNR) stood at 62.841 billion euros, 4.46 percent down from 65.778 billion euros as of the end of September 2024, the central bank announced in a release on Friday.Inflows recorded in October 2024 amounted to 2.801 billion euros, representing changes in the foreign exchange reserve requirements of the credit institutions, inflows into the accounts of the Ministry of Public Finance, other.Outflows stood at 5.738 billion euros, representing changes in the foreign exchange reserve requirements of the credit institutions, interest and principal payments on the foreign currency public debt (some 1.850 billion euros), payments from the European Commission's account, other.Romania's gold holdings remained unchanged at 103.6 tonnes worth 7.136 billion euros, as per the current international prices.Romania's international reserves (foreign currencies and gold) as of October 31, 2024 stood at 71.361 billion euros, compared to 73.663 billion euros as of end-September 2024.Payments due this November on the public and publicly guaranteed foreign currency-denominated debt amount to roughly 649 million euros.
The largest classical music event in the country begins in Bucharest, where a celebration of dance is also scheduled downtown. Meanwhile, indie spirit is in focus at a festival in the village of Hosman, and...
Romania’s National Cyber Security Directorate (DNSC) has issued a warning about a new online scam that fraudulently uses the image of president Nicușor Dan in so-called “quick investment” schemes. According to authorities, the fraudulent campaign relies on manipulated video materials, known as deepfakes, in which the president appears to promote a fake investment opportunity...
Romanian firefighters have been deployed to Spain to support efforts in combating the wave of wildfires sweeping through the region of Galicia. The mission comes in response to the numerous fires that have devastated parts of Spain, particularly near the province of Ourense. A team of 51 firefighters, part of a specialized module for extinguishing […]
Romania offers one of the most balanced cost-to-income ratios in Europe, according to experts at Compare the Market AU, who have compiled the Affordability Index 2025. The index is a ranking of 44 countries that reveals the most and least affordable places to live, based on key work-life balance factors such as income and taxation, […]
How to Web Conference, the leading startup and technology event in Eastern Europe, will host multiple programs and formats for over 550 startups at its 2025 edition, taking place on October 1–2 in Bucharest. These programs are designed to support early-stage startups by offering valuable opportunities for growth, investor connections, and showcasing their innovations. “Our […]
Romanian state-controlled nuclear power producer Nuclearelectrica (SNN) posted a higher-than-expected net profit in the first half of 2025, as stronger financial income offset a surge in windfall tax expenses, brokerage firm Swiss Capital said in a note published on Monday on BVB Research Hub. The company booked a net profit of RON 867...