The ministry of finances (MF) has planned, for May 2022 loans from the commercial banks worth 2.4 billion lei out of which 200 million lei through an emission of treasury bonds with discount and 2.2 billion lei through eight emissions of state bonds.This plus another 330 million lei through supplementary sessions of non-competitive offers, through bond auctions.The total sum of 2.73 billion lei is with 675 million lei under that of 3.405 billion lei programmed for April and will be destined to the refinancing of the public debt and the financing of the deficit of the state budget.According to the prospect published in the Official Gazette, MF has programmed on 12th May the auction for an emission of discount bonds worth 200 million lei with maturity on 29th March 2023.Similarly, during May there will be launched eight emissions of benchmark bonds worth 2.2 billion lei, followed the second day by a supplementary session of non-competitive offers worth 15% of the initial value of the bonds emissions (330 million lei as a total).Thus, in the fifth month of this year there were programmed six emissions of 300 million lei on 2nd, 5th, 9th, 16th, 19th and 26th May and two of 200 million lei on 12th May and 23rd May respectively.
Former US first lady Michelle Obama, the wife of Barack Obama, was in Bucharest on Thursday, September 18, to serve as the main guest at the second edition of the Impact Bucharest series of conferences. The former first lady spent about an hour in front of a large audience, speaking about her childhood in a […]
Czech president Petr Pavel spent a few days in Romania at the beginning of September while on holiday. According to statement by the Romanian Embassy in Prague, the Czech leader traveled mountain routes by motorcycle and chose modest accommodations. Pavel tried to see as much of what Romania had to offer. He planned his routes, […]
Romania is taking tangible action toward its green transition through sustainable infrastructure projects, public‑private partnerships and green bonds. Experts, government officials and business leaders have gathered today at the CES Bucharest ESG Conference, to present progress and identify solutions through which the public and private sectors can collaborate to build a sustainable and competitive economy. […]
Prime minister Ilie Bolojan announced that he will visit Brussels next week to talk to three European commissioners about deficits, defense, and EU financing. The first meeting will be with the commissioner for economy, Valdis Dombrovskis, as Romania “must adjust the issues related to deficits to be a trustworthy country, so as not to continue […]
A large majority of Romanians, namely 85%, have heard of celebrated composer George Enescu, according to the third edition of the Informat.ro – INSCOP Research Barometer conducted earlier this month. However, the survey shows a slight decline in cultural awareness compared to 2013, particularly among younger generations. The
The volume of trade between Romania and China was almost USD 9.3 billion in 2024, according to official statistics. Trade between the two, however, is not balanced. Romania registered a USD 7.7 billion deficit with China, and a USD 2.1 billion deficit in the first quarter of 2025 as well. The People’s Republic of China […]
