miercuri

8 mai, 2024

English Main

Romania’s most recent energy strategy estimates total investments in the field „between EUR 15 and EUR 30 billion for the period 2018-2030, with a central estimate of about EUR 20 billion”. The strategy identifies „substantial investments that are...
24 septembrie, 2018
Employers in Romania say they intend to recruit personnel at a sustained rate in the last three months of the year, a sign that tensions in the labour market are getting worse. Expectations related to the employment volume...
24 septembrie, 2018
Eurostatistics is a synthesis based on a set of standardized and harmonized benchmarks for the comparability between countries at the European level (Principal European Economic Indicators – PEEIs in English). These indicators are published and reviewed monthly, in...
17 septembrie, 2018
Romania climbed last year on the penultimate position among the EU member states in terms of the productivity of resources in the economy, after Bulgaria, according to data released by Eurostat. The score of the duel between European...
17 septembrie, 2018
Romania’s economy is becoming more and more vulnerable due to the increasing number of businesses that state no revenues, register losses and debts exceeding their paying capacity and propagate a toxic behaviour, tolerated by regulations and a lenient...
9 septembrie, 2018
Hourly labour cost increased by 15.6% in the second quarter of 2018 compared to the same period of 2017 (+ 9.36%, compared to Q1 2018), according to data announced by INS. It is a higher and increasing pace...
9 septembrie, 2018
The Fiscal Council announced on Wednesday, the day when the Government adopted the draft budget amendment without the opinion from CSAT, that it considers the proposed increase in the VAT revenues included in the updated budget amendment (solely...
9 septembrie, 2018
Romania is the country that borrows money at the highest costs among all EU states, and the 5% yield threshold for government bonds was exceeded in July. With 5.05%, we are about four times higher than the European...
3 septembrie, 2018
Bulgaria’s economy is smaller and somewhat less performing, but it seems to be a bit livelier. In terms of GDP/capita level, to paraphrase a popular saying, it does not matter the size only, it also matters what you...
3 septembrie, 2018
Romanians are working harder to maintain an increasingly bureaucratic, inefficient and more expensive administrative apparatus – this is the conclusion of an analysis published on INACO on Wednesday. Andreea Paul, chairman of the organization, says the evolution of...
3 septembrie, 2018
  At the end of the first half of the year, the general consolidated budget registered a deficit of about RON 15 billion, an amount equivalent to 1.61% of the GDP estimated for the current year. The result...
30 iulie, 2018
Between three and five million Romanians work and live abroad. The 2017 UN estimate, rated as optimistic by the World Bank’s Report on Diagnosis of Systemic Issues Caused by Migration, indicates 3.58 million people, or 18.2% of the...
30 iulie, 2018
Data released by the INS for the first quarter of 2018 show that households’ living standards increased considerably compared to the same quarter of the previous year, about five times more than the GDP growth (+ 20.3% per...
21 iulie, 2018
The Chamber of Deputies votes the amendments to Romania’s Administrative Code on Monday, amendments that strengthen the political control over local administrations. It is expected that, despite the problems raised, the amendments will be adopted by a large...
21 iulie, 2018
The average gross wage announced by the INS for May 2018 was 4,512 lei, 0.4% lower than in the previous month. Net nominal average wage decreased by 0.3% and reached 2,704 lei, exactly the same as in March....
21 iulie, 2018
Romania recorded in the first quarter of 2018 the highest labour cost increase among all EU member states, according to data released by Eurostat. With a 12.7% increase and concentrated on the non-business sector, our country outpaced Latvia...
9 iulie, 2018
The rise in interest rates and fees is becoming increasingly worrying for companies and maintains companies’ aversion to banking lending at high levels, according to the most recent semi-annual survey by the National Bank of Romania (BNR) on...
9 iulie, 2018
The Senate adopted on Thursday the draft amending Law 94/1992 on the organization and functioning of the Court of Auditors, which contains amendments that could freeze all payments for European funded projects in the current budgetary year –...
9 iulie, 2018
  The volume of government credit has increased about 10 times over the last 10 years, and the share in total banking investment in Romania has increased almost 5 times, according to data from the National Bank of...
2 iulie, 2018
Government debt service for 2019 will surely exceed the 2018 level, according to the projection made by the Ministry of Finance based on the debt already contracted and the exchange rates on 31.03.2018. It would be RON 53,635.5...
2 iulie, 2018

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