In 2023, 9.5% of the EU population were unable to afford a meal containing meat, fish or a vegetarian equivalent every second day, 1.2 percentage points (pp) higher compared with 2022 (8.3%), Eurostat informs. Moreover, focusing on people at risk of poverty in 2023 the share at the EU level was 22.3%, indicating a 2.6 pp increase compared with 2022 (19.7%). At the national level, the highest share of people at risk of poverty unable to afford a proper meal was recorded in Slovakia (45.7%), followed by Hungary (44.9%) and Bulgaria (40.2%). On the other hand, the lowest share was recorded in Ireland (4.2%), followed by Cyprus (5.0%) and Portugal (5.9%). Among the member states, the highest percentage of people who cannot afford an adequate meal was recorded in Romania (23.3% of the total population, increasing from a level of 22.1% in 2022). In the EU, the difference between the total and the at-risk-of-poverty population in terms of affording a proper meal was 12.8 pp. At the country level, Hungary reported the largest gap at 30.2 pp, followed by Slovakia (27.9 pp) and Greece (27.3 pp). In contrast, Sweden, Cyprus, Luxembourg, Portugal and Ireland reported the smallest differences, all below 4.0 pp.
Thailand is quite a popular destination in Southeast Asia. It is renowned for its stunning beaches, ancient temples, and friendly locals. However, behind the smiles lies a culture rooted in tradition, respect, and subtle social rules. While most people are friendly and forgiving of mistakes, it's still essential for visitors to understand basic etiquette. A […]
The ratio between the market capitalization of companies listed on the Bucharest Stock Exchange and Romania’s GDP was 20.7% as of December 31, 2024, below the levels recorded in other regional markets, such as Greece (43.7%), Croatia (33.8%), and Hungary (21%). The figure can be disappointing as Romania’s BVB has significantly more listed companies (346) […]
OVES Enterprise, a Romanian software development company based in Cluj-Napoca, announced an expansion to the United States market through a strategic partnership with Adler Aerospace. The company will be developing large military drones based on the company’s artificial intelligence solution, Nemesis AI. The agreement provides for the integration of the Nemesis AI platform into the […]
Homeowners in Bucharest are finding buyers for their apartments faster than anywhere else in Romania, while sellers in Cluj-Napoca face the longest waits, according to a new real estate market report published by Imobiliare.ro and quoted by Agerpres. The study, titled Market 360: Residential...
Work has begun on restoring the alleys in Bucharest’s Herăstrău Park, as some were severely affected by the collapse of the bank and were facing a real risk of falling. The restorations will be complete in 2026. Herăstrău Park is nearly 100 years old and has been worn down by weather events and other phenomena. […]
Romania has awarded a record 4.2 GW of renewable energy capacity across two Contracts for Difference (CfD) auctions, exceeding its 3.5 GW target under the national Recovery and Resilience Plan, the European Bank for Reconstruction and Development announced. The second auction, held in August 2025 and backed by the EBRD, allocated...
