The fear of failure is the main hindrance for 85 percent of the Romanians who would like to gain some extra money from a private business, as entrepreneurs, while roughly a quarter (24 percent) are certain they have the necessary skills to commence a business, the Amway Report on entrepreneurship at global level in 2015, released on Wednesday, reads. According to "AGER: Amway's Global Entrepreneurship Report", 38 percent of the Romanians have declared they want to become entrepreneurs. Likewise, almost one half of the interviewed deem that entrepreneurship could bring them a second income source, while 40 percent say this status would make them independent to an employer. The main obstacles to entrepreneurship, according to the Romanian questioned are the fear of failure (85 percent), on a rough rise to the 60 percent of the answers given in 2014 and much above the 69 percent European average. In addition, only 19 percent of the respondents have vindicated that the Romanian society would be entrepreneur-friendly, in a mere decrease against 22 percent in 2014. AGER is a global research carried by Amway in partnership with the Technical University Munich's Strategy and Organization desk. The data collection in the field was coordinated by the "Gesellschaft fuer Konsumforschung (GfK) Nuremberg (TUM)" study. The target-group interviewed in May 26 - June 15, 2015 was represented by 1,084 women and men aged over 15. The research was carried through the individual interviews' method, in accordance with the Omnibus (PAPI-Technology) procedure, by the Gesellschaft fuer Konsumforschung (GfK) Nuremberg and Technical University Munich (TUM)
Participation in cultural education activities continues to be limited, with the main barriers being difficult access, insufficient knowledge, and cost, the recently released Cultural Consumption Barometer 2024 shows. The report showed that many Romanians still associate culture with entertainment rather than with personal development or furthering their knowledge. The need for relaxation dominates in cultural […]
Roughly 84% of Romanians say that the pace of the state’s digitalization is slow or very slow, according to an Edge Institute & AtlasIntel study presented at the Digital Governance Summit 2025, which took place on Tuesday, November 25, at the presidential palace in Bucharest. The survey aims to capture the way citizens relate to […]
Romania’s Superior Council of Magistracy (CSM) issued a negative opinion on the new bill regarding magistrates’ pensions. The move is only the latest development concerning a heated issue that led to tensions between the executive and the judiciary branch. CSM’s opinion is consultative, and the government led by Ilie Bolojan can still take responsibility for […]
Romania took the presidency of the Central European Initiative (or CEI) on Wednesday, November 26, according to a press release from the Ministry of Foreign Affairs (MAE). The organization is a regional intergovernmental forum established in 1989, following the fall of the Berlin Wall. It gathers 17 Member States in Central, Eastern, and South-Eastern Europe […]
Trade between Romania and Poland continues to grow, with annual bilateral exchanges in goods now valued at more than EUR 12 billion, according to figures presented by the Polish-Romanian Bilateral Chamber of Commerce and Industry (PRBCC). The data was released during a reception in Bucharest marking Poland’s Independence Day and Romania’s National Day. Polish investments […]
As Romania moves closer to implementing the EU Pay Transparency Directive, local employers are preparing for one of the most consequential shifts in workplace regulation in over a decade. The directive, set for transposition by June 2026, introduces strict new rules on salary disclosure, pay reporting, and equal-pay verification, aiming to close persistent gender gaps […]
