CFA Romania Association launched on Tuesday a study about the aging population and the economic consequences of that phenomenon, considering that it is an important matter for Romania's public policy agenda which cannot suffer any delays. “2040 is the year when Romania population aged 65+ will exceed people under 24 years old, each of those categories representing about a quarter of Romania's population at that moment,” a press release of the Association shows. According to the source, Romania is an exporter of labor force and social balance in EU. Studies show that, in the context of an open market, certain imbalances in developed markets are covered by imported labor force. Romanians who emigrated contribute both to covering the necessary labor force in fields with deficit and to balancing the social system and social contract in EU countries. According to the study we do not have money and things will become more complicated if we do not contribute to changes. The study shows that we have more imbalances that lead to this deficit, such as the aging population, the taxing system and collecting level and labor productivity. The study shows there are several factors which make that the social contract is hardly accepted in Romania. They are nominal components such as the quality of education ad access to social services, and relative components pointing out how well we live compared to other social classes or professional categories. Moreover, the social contract proposed by other EU states are better received by society. According to the press release, education and health represent bases of a healthy system, offering individuals the opportunity to have a decent life, in a country with big opportunities. The study shows that it is expected that people who have access to education and health should be able to ensure the other needs, in condition in which Romania has many opportunities. CFA Romania considers that the problem of aging population is important for Romania's public policy agenda and cannot suffer delays. CFA Romania Association is the organization of professionals in investments in Romania, owners of the title of Chartered Financial Analyst (CFA), a qualification administered by CFA Institute (USA). CFA Romania is one of the over 160 member societies of CFA Institute and has the mission to promote interests of investment specialists and to maintain high standards of integrity and professional excellence. At present, CFA Romania Association has over 250 members, owners of the title Chartered Financial Analyst. The CFA community also includes about 150 candidates for one of the examination levels.
MedLife, Romania’s largest private medical services network, announced on Wednesday, December 10, that it reached a market capitalization of EUR 1 billion on the Bucharest Stock Exchange (BVB). The milestone secures its position as “the most valuable healthcare company” in the country. The achievement came nine years after MedLife’s listing on BVB in December 2016, […]
The Buzău Land UNESCO Global Geopark in Romania has become a “living laboratory” this week as a team of American researchers arrived to study microorganisms capable of surviving in extreme environments. The scientists, part of the interdisciplinary research organisation The Two Frontiers Project, are examining methane seeps, sulfur and petroleum springs, saline sources, and other […]
A moose has been unexpectedly spotted in the Hunedoara county area, specialists from the conservation group Rewilding Romania announced on Wednesday, December 10, sharing footage of the animal on social media. The sighting is considered “an important discovery for Romania’s wildlife,” though experts caution that it remains unclear how the animal reached this region. According […]
Trade unionists will continue to require the Presidential Administration to mediate the conflict with the government on issues such as the minimum wage or the collective labour agreement, said Bogdan Hossu, president of the Cartel Alfa trade union confederation, as reported by
Prime minister Ilie Bolojan said on Wednesday, December 10, that Romania’s state budget for 2026 will be adopted only at the end of January, citing the need for Parliament to first approve legislation required to ensure predictability and compliance with the country’s deficit targets. His comments came as the government has been working to align […]
Bosch announced that its Global Business Services centre in Romania, at Timisoara, plans to reduce approximately 510 positions of the existing 1,800 by the end of 2030 as part of a cost-cutting plan that aims to lay off 13,000 employees worldwide across the entire group. The company cited “stagnant demand for services” and “productivity potentials […]
