Romanian Stores Sales Grew by 5.2% in Q1 2022
Despite the 15.1% increase in prices, store sales in Romania climbed by only 5.2% in the first half of the year compared to the same...
Tag : Romanian economy
Romania Trails behind EU States at Digital Progress
Romania trails behind every other EU member state in digital progress. EC’s Digital Economy and Society Index indicates Romania’s score of 30.6 points compared to...
Harvard Growth Lab Places Romania in Top 15 Economies Worldwide by GDP Growth Rate
The prestigious Harvard Growth Lab from Harvard University places Romania in the top 15 economies by the GDP growth rate over the next decade. China, Vietnam, Uganda, Indonesia,...
Romania’s E-commerce Sector to Increase by 13% YoY in 2022
Romania’s e-commerce sector might rise by 13-15% in 2022 compared to the gain of 10% in 2021, with the potential to expand the consumer base....
Romania Faces Severe Drought in 2022
Romania is experiencing a substantial precipitation deficit, and the signs show no improvement soon. According to the specialists, 2022 will be among the driest in...
Ukrainian Refugees Generate Profit for Romania
The Ukrainian refugees bring EUR 1 billion into the Romanian economy. If you haven’t heard of refugee tourism, then look at how the war changed...
Romania’s Central Bank Raises Key Interest Rate to 4.75%
Romania’s Central Bank raised the key interest rate to 4.75% on July 6. This is the highest key rate increase since the financial crisis in...
Survey: Romanians Have Less Money to Spend on Vacation in 2022
Romanians have less money to spend on vacation, according to the latest survey of Best Jobs, the most used recruiting platform in the country. After...
Romania Launches Logistics Project Enhancing Ukrainian Exports
Transport Trade Services (TTS), a Romanian freight forwarder, announced on July 7 that it had launched a logistics operation specifically for Ukrainian exports. According to...
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%,...
