Analysis: Romanian investors are pessimistic about evolution of economy, but confident in their incomes

Romanian individual investors lack confidence in the local economy, but appear increasingly confident about their standard of living, jobs and income, according to an eToro analysis.According to eToro analyst Bogdan Maioreanu, the feeling of distrust in the Romanian economy remained at a high level in the fourth quarter of 2025, with 70% of Romanian individual investors declaring that they do not have confidence in its prospects, a similar percentage as in the third quarter of this year.However, a positive sign is the increase in confidence in income and the cost of living. In this quarter, 70% of Romanian individual investors are confident about their standard of living, compared to 63% in the previous quarter. Among age groups, the youngest generation, Gen Z, is again the most confident at 76%, followed by Gen X (73%), Millennials (69%) and Boomers at 45%, the analysis shows.The latest survey, which covers the fourth quarter, shows an increase in confidence levels regarding job security, which rose to 74% from the previous percentage of 69% of respondents. However, it did not return to the 77% of the second quarter. Generation Z (18-27 years old) is the most confident (81%), followed by Boomers (60-78 years old) with 76% and Millennials (28-43 years old) with 73%, while Generation X (44-59 years old) shows the lowest level of confidence in job security (71%), the authors of the research claim."Inflation remains the main concern of individual investors in Romania, with 26% of them considering it the main risk for their investment portfolios. This is followed by a possible recession in the global economy (25%), the state of the Romanian economy (18%) and an international conflict (13%)", Bogdan Maioreanu says."Amid uncertainty, persistent high inflation, tax hikes and stagnant GDP, Romanian individual investors, in their vast majority, remain pessimistic about the prospects of the local economy. However, their growing optimism about personal finances and investment returns shows a clear separation between their perception of the economy and their sentiment towards financial markets, especially after a strong year so far," the material also reads.eToro is a trading and investment platform that allows users to invest, share knowledge and learn. eToro was founded in 2007 with the mission of opening up global markets so that all interested parties can trade and invest in a simple and transparent way. Currently, eToro is a global community with over 40 million registered users in 75 countries.