The production services has increased by 0.1% in the European Union and has decreased by 0.1% in the euro zone, in May as compared to the previous month (when there was an expansion of 1% in both zones) and Romania had the most significant advance, according to the data published on Wednesday by the European Bureau for Statistics (Eurostat).The biggest increases of the production of services, in May as compared to April were registered in Romania (17.7%), Luxembourg (3.6%) and Malta (2.5%) and the most severe decline in Slovakia (minus 1.9%), Denmark (minus 1.8%) and Slovenia (minus 1.6%).Among the EU member states, the production of services dropped by 0.7% on the segment ”transport and storage”, by 0.2% for real estate activities, by 0.1% for administrative services and assistance, was stable for professional activities and increased on the segment of accommodation and food services by 1% and on the segment ”information and communication” by 0.4%. In May 2024, as compared to the similar period of 2023, the production of services has increased by 2.6% both in the EU and by 2.5% in the euro zone.The largest increases in service production in May 2024 compared to the similar period in 2023 were recorded in Luxembourg (16.6%), Malta (16.5%) and Romania (14%), and the most severe decline in Greece (minus 6.2%), Denmark (minus 3.2%) and Austria (minus 3%).Among the EU member states, the production of services has increased by 0.1% for the segment ”transport and storage”, by 7.7% for ”information and communication”, by 1.7% for real estate activities, by 2.7% for professional activities, by 1.3% for administrative and assistance services and dropped on the segment of accommodation and food services, by 1.1%.
Home sales increased in Romania with an annual rate of 6.6% in 2024, according to a report released by real estate consultant SVN Romania based on official statistics. The rise in Bucharest and the surrounding Ilfov county was 7.6%. Almost 169,000 residential units were sold last year in Romania, while home sales registered in the […]
Beginning in January 2025, Romania's armed forces have expanded their involvement in NATO's defense measures on the eastern flank by contributing personnel and military equipment to two additional battle groups. These are stationed in Slovakia, where Romania provides an anti-tank detachment, and Bulgaria, where a reconnaissance unit is deployed, the Ministry of Defence (MApN)
The Dacia Sandriders crew consisting of driver Nasser Al-Attiyah and co-driver Édouard Boulanger, representing Romanian car manufacturer Dacia at the famous Dakar Rally, secured the win in the ninth stage of the race. Nasser, 54, participated in six Olympic Games and won bronze in 2012 in Men's Skeet. This is his 21st Dakar Rally. Boulanger, […]
The Bucharest Tribunal has ruled to replace Andrew Tate's house arrest with judicial control in the ongoing case where he is investigated for the alleged sexual exploitation of 34 women. The decision is not final, according to News.ro. ...
Hundreds of police officers from several counties in Romania protested on January 14 against the reduction of their incomes as an effect of the fiscal corrective package endorsed by the government at the end of 2024. Under the corrective package, some bonuses have been reduced or eliminated, while overtime will be compensated with...
The Romanian far-right opposition party Alliance for the Union of Romanians (AUR) filed a request to summon the lawmakers on January 20-24 to begin the procedures for suspending president Klaus Iohannis from office, Digi24 reported. AUR...
