Romania: Alarming Unemployment Rate in Q1 2022
The Romanian National Institute of Statistics (INS) reported on June 17 that the unemployment rate in Romania in the first quarter of 2022 was 6%,...
Tag : Romanian economy
Eurostat: Romania Has the Lowest Consumer Prices in Europe
According to Eurostat, Romania has the lowest consumer prices in Europe. Precisely, the price level for goods and services was 55,5% of the EU average...
Romania’s Shale Gas Drilling Potential
Romania has the potential to use its unconventional energy sources, with the third-largest recoverable shale gas reserves in Europe and the appropriate technology at its...
Romania Receives First Cubic Meters of Gas Extracted from Black Sea
The first natural gas obtained from the Midia Gas Development (MGD), Romania’s first new offshore gas development in over three decades, was delivered to the...
Romania Chamber of Commerce’s President: We Are a Black Friday Country
Romania has become a Black Friday country, and the country’s brand seems to be on the verge of extinction. In Mihai Daraban‘s opinion, the president...
Trade Deficit in Romania Exceeds EUR 10 Billion
The registered trade deficit of Romania’s economy was 10 billion euros in the first four months of 2022, almost 3 billion euros higher than the...
IT&C Surprising Contribution to 6.5% GDP Growth in Romania
The Romanian National Institute of Statistics detailed on June 8 that Q1 GDP indicates 6.5% YoY growth and a significant contribution from the IT&C sector. The...
Romania’s Central Bank Warns about Risks to Economy
According to the Minute of the Board’s meeting on May 10, the Board of Romania’s Central Bank reasoned that if it intervened more strongly in...
Romania: What’s Hidden Behind the Biggest Economic Growth in Q1 in EU
The European Union’s economy grew by 0.4% in the first quarter of this year compared to the end of 2021. The increase is 5.2% compared...
Will Romania Introduce Higher or New Taxes in 2022?
Despite the assurances of the Romanian officials, it seems that Romania is moving faster towards higher or even new taxes. According to Adrian Vasilescu, the...
