If they were to run out of income, 65% of Romanians would not be able to cover their expenses for even a week. Almost half (46%) do not save, and of those who do, 27% do not put money aside in an emergency fund, according to the latest national study on Romanians' attitudes and habits in the financial field conducted by KRUK Romania and IRES.
By comparison, 25% of Poles say they could live for at least a year on the money accumulated in an emergency fund.
"There is a key difference...
The American Independent Film Festival (AIFF) returns for its 8th edition in Romania next month, showcasing films from June 7 to 13 in Bucharest and, for the first time this year, in the magical setting of Bran Castle on June 7 and 8. For the first time in the festival's history and that of the famous Bran […]
Romanian president Klaus Iohannis recently approved a law stipulating that persons with disabilities will have unrestricted access to public transportation, shops, and other spaces with guide dogs. The law, initiated by deputy Oana Țoiu and senator Silvia Dinică, was adopted by Parliament in mid-April. "From now on, people with disabilities can be accompanied by guide […]
Voxa, the leader among audiobook and e-book streaming applications in Romania, has embarked on an international journey by extending its operations in Italy. Starting on May 15, the service will be available to Italian listeners with a library of over 100,000 titles in Italian and English. By the end of the year, Voxa plans to […]
Premier Restaurants Romania, the operator of local McDonald's restaurants, said it plans to open seven new locations in 2024. At the same time, it will continue the modernization and digitization projects of existing restaurants. In 2023, Premier Restaurants opened six restaurants in Bucharest, Botoșani, Drobeta-Turnu Severin, Craiova, Pitesti, and Dumbrăvița and continued remodeling and digitization […]
Last year, internet users in Romania registered an average download speed of 587 Mbps for fixed cable internet, an increase of approximately 10% compared to 2022, and an average upload speed of 548 Mbps, an increase of 20%, according to statistics compiled by ANCOM based on tests conducted on the Netograf platform. There was also […]
Bucharest hosts the 12th edition of the Global Forum on Modern Direct Democracy this week, from May 15 to 18. The event features dozens of electoral debates and sessions on multiple topics related to the level of trust in democracy, attracting participants from around the world. The Global Forum on Modern Direct Democracy is a […]
