Last year, 16.1% of households were unable to pay on time some of their important current expenses (house maintenance, loan installments, utilities, etc.), according to an analysis of the living conditions of the Romanian population in 2023, conducted by the National Institute of Statistics (INS).The most frequent cases of overdue bill payments in 2023 were those for home maintenance (79.8%) and electricity (75%)."Paying bank installments is a priority for every household. However, 7.0% of households mentioned that, due to their precarious financial situation, they were overdue on various loans (other than loans for house purchase). The lower share of these outstanding debts is mainly explained by the specific nature of these types of payments, which penalize more severely the failure to meet payment deadlines, and by the low frequency of households having to repay loans," emphasizes the INS.In 2023, the share of households with outstanding debts fell by 2.4 percentage points compared to the previous year, and by residence by 2.1 percentage points in urban areas and by 2.9 percentage points in rural areas. In rural areas, 18.2% of households specified that, in 2023, there was at least one situation in which they were unable to pay on timeWhile members of urban households had past-due bills for household maintenance (85.9% of households), in rural areas the highest share of past-due bills was for electricity (84.3% of households).As in 2022, the phenomenon of past-due bills in 2023 was more prevalent among households with dependent children (17.8%), single parent households with at least one minor dependent child (21.2%) and households with two adults with 3 or more minor dependent children (32.9%).The statistical data were obtained through the "Quality of Life Survey", conducted in May 2023, informs the INS.
Authorities in Romania have begun imposing fines for owners of bicycles and electric scooters who do not take out mandatory motor third-party liability insurance (RCA). The new rules have been applicable since November 13, but the Romanian Parliament granted a 30-day grace period until the application of sanctions, according to...
Art Safari will relocate to Amzei Square in central Bucharest in 2026, where it will operate under a new format titled Art Safari New Museum, following more than a decade of pop-up exhibitions hosted in historic buildings across the capital. After 12 years, 17 editions, and more than 1 million visitors, the exhibition platform will […]
In Romania, Christmas is more than holiday markets, decorated trees, and wrapped gifts. It's a season filled with old customs, lively rituals, and dishes that bring families together. One of the most popular Christmas traditions is caroling. Although traditions vary depending on the area, the ritual of going from house to house and singing carols […]
President Nicușor Dan said the “rule of law is not negotiable” and stressed that serious problems affecting the justice system can be resolved, as public concern grows following allegations of corruption highlighted in a recent investigative documentary by Recorder titled “Captured Judiciary.” People
Romanian authorities have reportedly confirmed an increase in “super flu” cases in December after the virus caused unprecedented problems in other European countries. In total, over 3,000 flu cases were reported in Romania in just the first week of December, double the number recorded in the previous week (1,504), Euronews Romania reported. The virus is […]
This autumn, a mature linden tree on the campus of the British School of Bucharest (BSB) was relocated to a new position within the school grounds to make space for the development of new sports facilities. The operation, supervised by two UK specialists from Ruskins Trees & Soil Biology Ltd, represents the first such relocation […]
