Romania ranks first in EU by the share of adults at risk of poverty whose parents had a low level of education (37.4 percent in 2019), almost double the 20.3 percent average recorded in 2019 across the EU, shows data released on Tuesday by EU's statistical office Eurostat.By comparison, only 9.3 percent of Czech Republic adults with low-education parents were at risk of poverty in 2019.According to statistical data, whereas in the EU the share of people at risk of poverty whose parents had a low level of education has only seen a modest increase in the last decade from 19.8 percent in 2011 to 20.3 percent in 2019, in Romania this indicator has gone up significantly from 24.3 percent in 2011 to 37.4 percent in 2019.Conversely, the Czech Republic and Romania are the EU countries with the lowest risk of poverty among the descendants of highly educated parents, at 2.3 percent and 3.2 percent, respectively, while the EU average is 8.6 percent. By comparison, in Austria and Sweden the at-risk-of-poverty rate among people whose parents have a high level of education is significantly higher than in the EU or Romania, at 14.8 percent and 12.7 percent, respectively.
A total of 58% of the Romanian respondents to a recent Eurobarometer survey believe the war in Ukraine is one of the main challenges the EU is facing. This is higher than the EU average of 47% of respondents who share this belief. The cost of living worries 31% of the Romanian respondents, which is […]
Romania has been elected as a full member of the UNESCO Executive Board for the 2025–2029 term, the first such appointment in 14 years. Romanian officials noted that the country will work closely with other member states to promote dialogue, knowledge, and international cooperation, in the spirit of UNESCO’s principles and the objectives aimed at […]
The Government of Romania may draft several separate ordinances to legislate the fiscal measures initially included in a law, part of the second package of budgetary reforms, partly rejected by the Constitutional Court. The provisions put forth by the ruling coalition in a single law initially include critical measures, such as the "tax on [foreign] […]
The Constitutional Court of Romania (CCR) published its detailed ruling (motivation) on the magistrates’ pensions law on November 7. This should trigger the Government’s procedures for re-launching the law, according to statements by Prime Minister Ilie Bolojan and Social Democrat leader Sorin Grindeanu, who argue for different strategies. While PM Bolojan wants the same bill […]
Romania’s state-controlled electricity distribution and supply company Electrica (BVB: EL) has submitted a non-binding offer for the acquisition of Distribuție Energie Oltenia (DEO), the electricity distribution company controlled by the Macquarie investment fund, according to
The Government of Romania, through its seaport company Administratia Porturilor Maritime (CNAMP), is close to buying Moldova's largest port, Giurgiulesti (PILG), from the European Bank for Reconstruction and Development (EBRD), announced Romania's Minister of Transport, Ciprian Șerban, speaking for
