Billion - Stiri si informatii despre Billion | prima pagina Ultima actualizare: 17:46:20, 28.03.2024
Ministry of Finance borrows over 1 billion RON from commercial banks, on Thursday
The Ministry of Finance borrowed, on Thursday, 1.070 billion RON from commercial banks, through an issue of benchmark state bonds, with a residual maturity of 31 months and an average yield of 6.13% per year, according…
Ministry of Finance draws almost 1.28 billion lei from banks
The Ministry of Finance (MF) borrowed on Thursday 1.279 billion lei from banks through a benchmark government bond issue with a residual maturity of 73 months and an average yield of 6.54% per annum, according…
Gov't borrows over RON 807 million on Monday off banks
The Ministry of Finance (MF) on Monday borrowed RON 807 million off banks in an issue of benchmark bonds of a residual maturity of 85 months and an average yield of 6.58% per annum, according to data published…
EU pledges 7.7 billion euros towards global needs in 2024
The European Union on Monday pledged to spend an initial 7.7 billion euros on humanitarian aid in 2024, less than the previous year despite soaring needs in Gaza and elsewhere, according to Reuters. “I think this…
ROMATSA expects net profit of 3.744 million RON for 2024
The Autonomous Directorate "Romanian Air Traffic Services Administration - ROMATSA" has foreseen for this year a gross profit of 4.416 million RON and a net profit of 3.744 million RON, according to the project…
Denmark plans $6 bln boost in military spending amid defence shortcomings
Denmark will boost its defence budget by 40.5 billion Danish crowns ($5.9 billion) over the next five years to meet NATO targets and address major defence shortcomings “in a world where the international order…
Romania's trade deficit declines 15.5pct in January 2024
Romania's FOB / CIF trade deficit in January 2024 was standing at EUR 1.958 billion euros, down EUR 359.0 million (-15.5%) from January 2023, according to data with the National Institute of Statistics (INS) released…
National Institute of Statistics revises economic growth in 2023 upwards, to 2.1 pct
The National Institute of Statistics (INS) has revised economic growth in 2023 upwards to 2.1% and downwards to -0.5% for Q4, 2023, according to provisional data published on Friday. Thus, the Gross Domestic Product…
Finance ministry plans to borrow RON 6.52 billion from commercial banks in March
The Finance Ministry (MF) planned for March 2024 loans from commercial banks amounting to RON 5.8 billion, to which RON 720 million may be added through additional non-competitive bidding sessions related to bond…
Bucharest Stock Exchange loses over five billion RON in capitalization, last week
The Bucharest Stock Exchange (BVB) lost 5.35 billion RON in capitalization, i.e. 1.7%, last week, while the value of share transactions increased by 61.91 million RON (+32.5%) in comparison with the previous week.…
Assets of privately managed mandatory pension funds at RON 128.73 billion as of end-January
The assets held by Romania's privately-managed pension system (Pillar II) stood at RON 128.73 billion end-January 2024, up 28.5 Year-over-Year, the Financial Supervisory Authority (ASF) reports. "To an extent of…
EU unblocks about €2 billion from suspended funding for Hungary
Hungary managed to unblock about €2 billion in European Union funds as Prime Minister Viktor Orban’s government made further progress in the recovery of crucial financing, according to Bloomberg. The European Commission…
Fondul Proprietatea ends 2023 with net loss of 896.1 million RON
Fondul Proprietatea recorded a net loss of 896.1 million RON in 2023, compared to a net profit of 2.769 billion RON obtained in 2022, according to a company's report sent to the Bucharest Stock Exchange on Thursday.…
EU to release billions of euros to Poland that were frozen over previous government policies
The European Commission announced on Thursday that it will begin releasing billions of euros to Poland that were frozen over the previous government’s policies that the bloc said amounted to widespread backsliding…
Rabla Plus car scrappage programme, allocated 1 bln RON from Environment Fund Administration budget
The 2024 budget of the Environment Fund Administration (AFM) will be RON 9.3 billion, of which RON 1 billion will go to the Rabla Plus car scrappage programme, said Mircea Fechet, minister of Environment, Water…
Budget deficit of 0.45% of GDP in January 2024
The consolidated budget deficit was 0.45% of GDP in January 2024, compared to 0.25% of GDP in January 2023, according to the data of the Ministry of Finance, published on Tuesday. "The implementation of the general…
FinMin Bolos: Romania is saving RON 2bl by combining elections
Romania is saving RON 2 billion by combining elections, and any kind of saving is welcome, Finance Minister Marcel Bolos said on Monday evening. "In the national budget, we budgeted RON 3.8 billion, almost RON…
Banca Transilvania Group posts 20 pct increase in net consolidated profit in 2023
Banca Transilvania Financial Group's net consolidated profit increased by 20% in 2023 compared to the previous year, to RON 2.98 billion, of which the bank's profit of RON 2.49 billion was 14% higher than in 2022,…
Bucharest stocks win almost 1.3 bn RON in capitalisation last week
The Bucharest Stock Exchange (BVB) gained in the last week almost 1.3 billion RON in capitalisation, while the value of share transactions decreased by 37.9 million RON compared to the previous period, according…
Romania's primary energy sources, down almost 3pct in 2023
Romania's primary energy sources decreased by 2.9% in 2023, y-o-y, while final commercial electricity consumption was down 4.1%, according to the National Institute of Statistics (INS). Between January 1 and December…
15:50, 12.02.2024
Romania has received EUR 22.846 bn from the Cohesion Policy 2014-2020 allocation
Romania has received EUR 22.846 billion from the Cohesion policy 2014-2020 allocation and has reached an absorption rate of 95 percent, the minister for European Investment and Projects, Adrian Caciu, announced…
BRD, 1.66 billion RON in net profit in 2023, up 24% from 2022
The BRD Group achieved a net profit of 1.66 billion RON in 2023, up 24%, compared to 1.34 billion RON in 2022, and the return on equity (ROE - Return On Equity - ed.n) reached 21% compared to 15.9% in 2022, according…
Ministry of Finance borrows 1.5 billion lei from banks
Ministry of Finance borrows 1.5 billion lei from banksThe Ministry of Finance (MF) on Monday borrowed 1.503 billion lei from banks through an issue of benchmark government bonds and another of discounted treasury…
Bucharest stock market sees RON 7 bn-plus cap gain in the week of Jan 29 - Feb 4
The Bucharest stock market's capital gain last week was in excess of RON 7.09 billion, while the value of stock trades was RON 132.58 million lower compared to the previous week, shows data released by the Bucharest…
Romania's forex reserves advance to EUR 61.416 bln at the end of January
As of end-January, the forex reserves of the National Bank of Romania (BNR) stood at 61.416 billion euros, up 2.7 pct up from 59.770 billion euros at the end of December 2023, the central bank announced in a release.Inflows…
Ministry of Finance planning to borrow over RON 6.2 billion from banks in February 2024
The Ministry of Finance (MF) is planning to raise this February RON 5.5 billion from commercial banks, to which another RON 705 million may be added through additional non-competitive bidding sessions related to…
Multiple records in 2023 at BVB: capitalization of over 300 bn RON, indices at historical highs
The year 2023 was a chapter of unprecedented performances for the capital market in Romania, recording historical highs on several levels, such as the value of transactions with shares and bonds, average daily…
20 centers of excellence in research to be financed with 1.6 billion RON
The Ministry of Research, Innovation and Digitization (MCID) announced on Wednesday the launch of the competition for centers of excellence in research, whose budget of 1.6 billion RON represents the "biggest"…
Government debt rises to 49.7% of GDP in November (Ministry of Finance)
Public administration debt (government debt) increased in November 2023 to 769.907 billion RON, compared to 753.009 billion RON in the previous month, i.e. to 49.7%, from 48.6% in October 2023, according to data…
New Home programme continues in 2024 with 1 billion RON guarantee ceiling
New Home programme continues in 2024 with 1 billion RON guarantee ceilingThe New Home programme will continue in 2024, and the guarantee ceiling is 1 billion RON, the Ministry of Finance announced on Thursday,…