Consumption, the main destination of household expenditures, accounted for an average of 61.1% of total household expenditures last year, amounting to 2,979.3 lei per month per household, according to data centralised by the National Institute of Statistics (INS).The monetary expenses for the purchase of food products (including the expenses in the public catering units), non-food expenses and for the payment of the services were of 2,745.8 lei per month (56.3% of the total expenses).The other part of consumption expenditures, the value of human consumption from own resources (those food and non-food products from own resources that are consumed by household members) was equal to 233.5 lei per household and represented 4.8% of total expenditures.Expenditures for household production in 2021 accounted for 1.9% of total expenditures, of which 0.4% went to cash expenditures, and 1.5% to the equivalent value of productive consumption from own resources (fodder, seeds, etc.) used for household production. The latter amounted to, on average, 72.4 lei per month per household.
TEKUNI, a program dedicated to students and young entrepreneurs, was launched in Timișoara through a pilot project, with a future goal of nationwide expansion. The program offers a complete training path, structured into 7 modules that cover all stages of building a startup: from idea validation and MVP development to branding, marketing, legislation, finance, leadership, […]
The Romanian capital will be in the spotlight at the festival Un Week-end à l'Est, which runs in Paris until December 1. The event, which aims to present the artistic, literary, and intellectual richness of an Eastern European city, has previously focused on Warsaw, Odessa, Kyiv, Sofia, or Budapest. At its ninth edition, it is […]
Romanian tax agency ANAF has sued former president Klaus Iohannis in order to recover the loss of use of half of a property in the center of Sibiu. “The action represents a continuation of the steps that ANAF has taken for the recognition of the state’s ownership right and the recovery of compensation determined by […]
Romania will face Turkey in the semi-final of the World Cup qualifying play-offs, with the match scheduled to take place away from home on March 26 next year, Biziday.ro reported. A win would send the national team into the play-off final on March 31, where it would meet the winner of the Slovakia–Kosovo match. Romania […]
An exhibition showcasing various depictions of the traditional Romanian blouse ia, including Henri Matisse’s iconic La Blouse Roumaine, is opening this weekend in Bucharest, while Cluj is entering festive mode with...
Mercenary Horațiu Potra, who faces charges of attempting to undermine constitutional order in Romania, is being flown back to Bucharest under police escort after authorities in the United Arab Emirates approved his extradition,
