After ten months in which Romania had the highest inflation in the EU, in January the first place was occupied by Hungary, with 5.7%, followed by Romania (5.3%) and Croatia (5%), according to data published on Monday by the European Statistical Office (Eurostat). The annual inflation rate in the European Union rose to 2.8% in January, from 2.7% in December, while in the euro area inflation rose to 2.5% in January, from 2.4% in December. Inflation in the euro area is above the European Central Bank’s 2% target. Last month, the lowest annual inflation rates in the EU were recorded in Denmark (1.4%), Ireland, Italy and Finland (all 1.7%). Compared with December 2024, the annual inflation rate fell in eight EU Member States (including Romania, from 5.5% to 5.3%), remained stable in four and increased in 15 EU Member States. Eurostat data also shows that core inflation in the euro area, i.e. what remains after volatile goods prices such as energy and food are removed, remained unchanged at 2.7% in January, a level it has been at since September. Core inflation is the indicator closely monitored by the ECB when making its monetary policy decisions. In Romania, according to data recently published by the National Institute of Statistics (INS), the annual inflation rate fell to 4.95% in January 2025, from 5.14% in December, as food prices rose by 4.54%, non-food prices by 4.60%, and services by 6.54%. “The consumer price index in January 2025 compared to December 2024 was 100.92%. The annual inflation rate in January 2025 compared to January 2024 was 5%. The average rate of change in consumer prices in the last 12 months (February 2024 – January 2025) compared to the previous 12 months (February 2023 – January 2024) was 5.4%,” the INS press release states. The National Bank of Romania (BNR) has revised upwards, to 3.8%, from 3.5% previously, the inflation forecast for the end of 2025 and anticipates that it will reach 3.1% at the end of 2026, according to data presented on February 17 by the Governor of the BNR, Mugur Isarescu.
The Bucharest Municipal Parking Company (CMPB) inaugurated 189 new parking facilities with more than 12,400 spaces in the first half of 2025, while revenues from parking fees rose 20% year-on-year to RON 50.4 million (roughly EUR 10 million), the company said on Thursday, September 18. CMPB reported a net profit of RON 28.3 million for January–June […]
Romania has inaugurated underwater seagrass meadows and artificial reefs in the Black Sea as part of a major restoration project aimed at curbing erosion and reviving marine biodiversity, the National Administration “Apele Române” said. More than 20 hectares of seabed have already been planted with Zostera noltii seagrass and transplanted with Cystoseira barbata seaweed, creating […]
A former pastor from California has been accused of sexual abuse and child trafficking at a shelter he ran in Bucharest, according to lawsuits filed by two Romanian men in the California District Court, AP reported. The complaints, filed by 33-year-old Marian Barbu and 40-year-old Mihai-Constantin Petcu, reportedly say that former pastor and missionary of […]
Four cities, namely Bistrița, Deva, Oradea, and Tulcea, have submitted bids to become Romania’s Youth Capital in 2027, organizers announced after the first round of applications closed on September 15. The competition, inspired by the European Youth Capital program, highlights cities’ commitment to investing in young people and involving them in community life. “The fact […]
Revolut Bank UAB has appointed Florina Moisei as the new Country Manager of its Romanian branch. The digital bank has about 4.5 million users in the country. According to the company, Florina Moisei brings over 20 years of experience in the financial-banking sector, with a strong focus on risk management, operational efficiency, and business development. […]
Three projects coordinated by schools and institutions from Romania have been designated winners of the European Award for Innovative Teaching 2025, granted by the European Commission. The projects, designed by schools from Bucharest, Harghita, and Iaşi, tackle a range of issues. The awarded projects are: Rangers of Change, by Secondary School no. 195 from Bucharest […]
