Provision were taken due to extreme weather conditions.

The total value of the real estate portfolio amounts to €438 million.

The cost of the project reaches €3,000,000 and the amount will be covered by the Recovery Fund.

The project in the central-west part of Bucharest required an investment of €18 million.

By widening sidewalks, replacing and undergrounding the networks and installing new lighting fixtures.

Late stage VC investment saw the sharpest drop amidst falling valuations and concerns about the profitability and sustainability of business models.

The weighted average interest rate on new loans to households and non-financial corporations increased by 17 basis points to 5.06%.

The ECB will stay the course in raising interest rates significantly at a steady pace.