Romania had 844.015 vineyards in 2020, equivalent to 37,9% of the 2,2 million vineyards that existed throughout the European Union, Eurostat data shows on Friday. The large majority of the vineyards in the EU are very small, 83.3% of them having a surface under one ha. This is valid especially in Romania, where a vineyard is, on average, 0.21 ha, the smallest surface in the EU and over six times smaller than the European average which according to Eurostat is 1.43 ha.As a total, the European Union had in 2020 over 2.2 million vineyards which cultivated 3.2 million ha (out of which 180,000 ha in Romania) the equivalent of 45% of the world surface cultivated with vine.Spain, France and Italy make up three quarters (74.9%) of the vineyards in the EU and approximately two fifths (38.7%) of the EU vineyards.Between 2015 and 2019, the vineyards in the EU were relatively stable as surface, with a drop of only 1.1%. In exchange, the number of farms dropped significantly with 257,000 farms, the equivalent of 10.3%. Among the member states, the most important drop was recorded in Portugal (where the number of farms dropped by 98,000), Italy (where 78,000 farms were lost) and Spain (where 34,000 farms were lost).The Eurostat data show that the EU vineyards are relatively old, as vineyards older than 30 years represent a little over a third (36.7%) from the EU vineyards and another two fifths (41.3%) are between 10 and 29 years old.The percentage of the vineyards older than 30 is high in Bulgaria (68.8%), Romania (65.7%) and Cyprus (64.7%). As for Romania, the process of replacement of the old vineyards is much over the EU average, as 12% of the total of the vineyards are younger than three years.The large majority (82.4%) of the EU vineyards were dedicated in 2020 to the production of grapes for quality wine. In the Czech Republic, Germany, Luxembourg, Austria and Slovenia, all farms are specialized on the production of quality wine. Only in Romania, the great majority (72.1% in 2020) of the vineyards are dedicated to the production of table wines.
The European Parliament called on November 26 for EU-wide rules to strengthen the protection of minors online, recommending a minimum age of sixteen for accessing social networks, video-sharing platforms, and AI chatbots, according to a statement from the institution,
The government of Romania will be empowered to establish, ex officio or upon request, by Government Decision, an extended surveillance regime over local companies strongly affected by economic sanctions imposed by other states, according to the legislative project prepared by the government, given that the situation of the assets held by the Russian giant Lukoil […]
The European Commission (EC) will reportedly give Romania four more months to appoint permanent management under competitive procedures at 48 state-owned enterprises (SOEs) in the energy sector, after the Romanian government agreed to double the fine paid by the country and the penalties charged to those responsible (ministers) if the milestone set under the Resilience […]
The Romanian banks boasted in 2025 virtually the same record aggregated net profit as in 2024, namely RON 11.6 billion (EUR 2.3 billion, -0.6% y/y) in January-September and RON 6.2 billion (EUR 828 million, -0.3% y/y) in Q3 alone, according to data published by the National Bank of Romania. The non-performing loan (NPL) ratio has […]
The Romanian Parliament approved the National Defense Strategy on Wednesday, November 26, with 314 votes in favor, 43 against, and three abstentions, following a joint session attended by president Nicușor Dan. The document will guide national security policy for the 2025-2030 period. During the parliamentary debate, Ana Maria Gavrilă, leader of the opposition party POT, […]
Romania celebrates its National Day this long weekend, when December 1 is a public holiday, as is St Andrew’s Day. At the same time, several Christmas markets are opening in Bucharest, Brașov, and Timișoara.
