Economy | 30 January, 2025 at 2:28 PM
Government debt rose in November to RON 937 billion, or 54.3% of GDP
The bulk of this debt, RON 772.92 billion, was government securities. Borrowing amounted to RON 143.42 billion.
The bulk of this debt, RON 772.92 billion, was government securities. Borrowing amounted to RON 143.42 billion.
The bulk of this debt, RON 780.243 billion, was government securities. Borrowing amounted to RON 131.258 billion.
The study reveals that 83% of Romanians have a plan for their upcoming vacation season. Only 6% do not intend to go on holiday, while 12% have yet to finalize their arrangements.
Travel tech company FlixBus is adding new international coach connections from Romania to Greece and bolstering existing routes to Bulgaria.
EDP, through its subsidiary EDP Renewables, has opened its largest solar park in Romania, located in Albina, taking its total solar and wind capacities in the country to 570 MW.
The German tech company cbs purchased the SAP division of Romanian company SkyConsult, marking its entry into the local market.
Romania's annual inflation rate climbed unexpectedly to 5.5% in May, up from 4.9% in April, driven primarily by increases in food and services prices.