- As against the same quarter of 2020, the Gross Domestic Product recorded an increase by 7.2% for the unadjusted series and by 8.0% for the seasonally adjusted series; - In the period 1.I-30.IX 2021, as against the same period of the previous year, the Gross Domestic product increased by 7.1% for the unadjusted series and by 6.8% for the seasonally adjusted series; - The seasonally adjusted series of quarterly Gross Domestic Product was readjusted as a result of the introduction of the estimates for Q3 2021, differences being recorded as compared to the version published in the Press release no. 261 of October 11, 2021. The growth of the Romanian economy has slowed to 0.3 pct in Q3 over the previous quarter, while compared to the same period of last year the growth of the GDP stood at 7.2 pct as gross series and 8 pct as adjusted series, according to data of the National Institute for Statistics (INS) sent on Tuesday .In the first nine months of this year, the GDP increased by 7.1 pct as gross series and 6.8 pct as seasonally adjusted series, as compared to the same interval of the previous year.On the other hand, INS mentions that, following the revision of the gross series by including the estimate of the Gross Domestic Product for Q3 2021 in the quarterly series, the seasonally adjusted series was recalculated, differences being recorded for the volume indicators compared to the second provisional variant of the GDP for Q2 2021, published in the press release of October 11, 2021.Thus, the figures regarding GDP growth in Q1 2021, compared to the previous quarter, were revised downward to 2.2 pct, from 2.6 pct, while those of Q2 2021, compared to the previous quarter, were revised downward to 1.5 pct from 1.9 pct.The European Commission recently revised to 7 pct the estimates regarding the economic growth of Romania this year, after estimating a 7.4 pct increase in July.
În cautarea paradisului pierdut (In search of the lost paradise), a documentary film looking at the phenomenon of reverse migration from urban to rural areas, will be screened in Bucharest this week. The film highlights the experiences of those who decided to reconfigure their lives and leave the urban environment for the rural one. The […]
The publicly-traded Romanian shipbuilder Orşova Shipyard, BVB ticker symbol SNO, partially owned by Longshield Investment, recently secured two significant contracts with Rensen-Driessen Shipbuilding B.V. from the Netherlands. As per the contracts, the Romanian shipyard will construct and deliver two river vessels with a combined value of EUR 8.58 million. The delivery dates are set for […]
From ancient customs, old beliefs, and folk magic, Romania has come a long way in defining cultural beliefs. Today, many are fascinated by the old beliefs and find inspiration in their heritage and cultural roots. But how does spirituality look in modern Romania and how did it develop through the ages? The Roots of Traditional […]
The Romanian Ministry of Foreign Affairs has established a logistical support center in Valencia, eastern Spain, to assist Romanian citizens affected by the severe flooding caused by Cyclone DANA. The new center, located at Plaza del Alfonso el Magnánimo in Valencia, is staffed by officials from the Romanian Embassy in Madrid and Consulates in Madrid […]
Romanian president Klaus Iohannis promulgated on Tuesday, November 5, the law that allows the local referendum of Bucharest to be held on the same day as the first round of the presidential elections,
The European Film Academy revealed the nominees for the main categories of the European Film Awards 2024, and Anul Nou Care N-a Fost/The New Year That Never Came, the first fiction feature written and directed by Bogdan Mureşanu, is on the list. The Romanian production is one of the six running in the European Discovery 2024 – […]
