Over the last two decades, prices of fuel and lubricants for personal transport in the EU have been extremely volatile, with annual inflation rates ranging from -20% to +20%. This volatility has recently become very pronounced, with the annual rate of change climbing from a low of -20% in May 2020 to +23% in September 2021. The most recent peak and valley of similar magnitude were recorded a decade ago, with the annual rate of change climbing from a low of -19% in July 2009 to a peak of +20% in March 2010. In September 2021, Luxembourg recorded the highest annual rate of change among the EU countries (+31%). It was closely followed by Romania (+29%) and Slovenia (+29%). On the other hand, the lowest annual inflation rates were recorded in Ireland (+15%), Italy, Finland and Greece (all +18%). These data are released by Eurostat, the statistical office of the European Union.
A special ‘Silent Day’ event will be held at the Bucharest Christmas Market in Constituției Square on Wednesday, December 3, aimed at creating a quieter and more accessible environment for children with sensory disabilities. The initiative is designed to make the festive market manageable for children who may struggle with loud noise, bright lights, and […]
Romanians have the highest level of trust in others in the European Union, according to the most recent Eurostat data for the year 2024, ahead of the usual leader of the ranking, Finland. The indicator ‘trust in others’ measures a person’s trust in people they do not know on a scale from 0 (‘I...
Monarc Development announces the acquisition, from a private investor with a strong reputation in premium real estate developments, of the strategic management and sales operations for a major urban project in Sector 1, valued at €27.5 million. The project is now being repositioned under the new identity Monarc Grivița 166, a contemporary serviced-residences concept with […]
Inter Computer Romania, part of Inter Computer Group (ICG), one of the largest IBM Platinum partners in Central and Eastern Europe, announces reaching €5 million in signed projects for 2025, an indicator of the accelerating demand for digitalization, data security, and AI-ready infrastructure initiatives. The company continues the development strategy announced at the beginning of […]
Former MEP Vlad Gheorghe has withdrawn from the race for the Bucharest City Hall and urged people to support the candidate of the National Liberal Party (PNL), district 6 mayor Ciprian Ciucu. The announcement was made in a press conference on Tuesday, December 2, alongside the latter. To motivate his decision, Gheorghe pointed at the […]
IT Genetics, a Romanian technology company specialized in digital automation and operational efficiency solutions for businesses, announced this week its intention to list on the AeRO market of the Bucharest Stock Exchange in Q1 2026. Upon admission to trading, the company’s shares are expected to be listed on the AeRO market under the ticker “ITG”. […]
