General government debt (general government debt) in March 2024 climbed to RON 845.098 billion from RON 841.292 billion in the previous month, according to data released by the Ministry of Finance (MoF). As a percentage of GDP, government debt increased to 51.9%, from 51.7% in January (GDP as per the National Institute of Statistics release dated June 7, 2024). In the third month of the year, medium- and long-term debt increased to MDL 795.023 billion from MDL 786.851 billion in February, while short-term debt fell to MDL 50.075 billion from MDL 54.441 billion in the previous month. The bulk of this debt, 695.566 billion lei, was government securities. Borrowing amounted to RON 113.692 billion. The debt in national currency was worth 382.502 billion lei, that in euro 355.513 billion lei equivalent, and the debt in American dollars at 84.147 billion equivalent lei.Central government debt had also reached RON 823.396 billion in March 2024, up from RON 820.105 billion in February, of which RON 773.353 billion was medium and long-term. Most of the central government debt was contracted in lei (RON 382.502 billion) and in euro (RON 355.513 billion equivalent). Local general government debt rose to RON 21.702 billion from RON 21.187 billion in the previous month, of which RON 21.669 billion medium and long-term. At the same time, general government domestic debt amounted to RON 411.076 billion (25.2% of GDP) in March 2024, of which RON 394.231 billion was central government debt and RON 16.845 billion local government debt. According to MF data, the general government external debt amounted to RON 434.021 billion (26.6% of GDP), of which RON 429.164 billion was central government external debt and RON 4.857 billion was local government external debt.
More than 2 out of 3 Romanian consumers do not return for a second purchase, according to the new Customer Loyalty Index, a comprehensive analysis based on aggregated data from campaigns and authored by White Image, the oldest email marketing company in Romania. The Index analyzes the post-purchase behavior of Romanian consumers and highlights major […]
Fashion retailer Primark announced major plans to expand its presence in Romania, confirming four new store openings for 2026. This will double its presence in the market and create over 450 new jobs. The announcement arrived at an important moment for the company, which marked three years since the opening of its first Romanian store […]
Romania’s National Road Investment Company (CNIR) awarded on Tuesday, December 16, the contract for the design and construction of the Bacău–Piatra Neamț express road to a Romanian–Bulgarian consortium. The value of the contract is RON 5.17 billion (some EUR 1 billion), excluding VAT, and its signing will take place if no appeals are filed. The […]
Romania will host its first mixed team European Judo Championship in 2027, according to the Romanian Judo Federation. The competition will take place at a key moment in the Olympic cycle, when the points earned will directly influence world rankings and qualification for the Olympic Games, according to FR Judo. The event will...
Radu Miruță, currently Romania’s economy minister, was proposed to lead the Defense Ministry. He will also hold the position of deputy prime minister. In his place, senator Irineu Darău has been proposed to take the helm of the Economy Ministry. The Defense and Economy Ministries are handled by the center-right reformist party Save Romania Union […]
Carrefour Romania has expanded its proximity retail network, reaching 200 Express stores and 191 Market locations nationwide, as part of its strategy to strengthen convenience formats. The retailer announced that the 200th Carrefour Express store will open on December 22. In 2025 alone, Carrefour opened 27 Express stores, including 19 company-operated units and eight franchise […]
