Seasonally adjusted gross domestic product rose by 0.4% in the euro area and the EU in the third quarter of 2024 compared with the previous three months, with Hungary, Latvia and Romania reporting the most significant declines, data released on Friday by the European Statistical Office (Eurostat) show. In Q2 2024, the economy went up by 0.2% in the euro zone and the EU.As a comparison, the US GDP went up in Q3 2024 by 0.7% as compared to the previous three months and 2.7% against the similar period of 2023.Among the EU member states, the most significant advance of economy in Q3 2024, compared to the previous three months, was registered in Ireland (3.5%), Denmark and Lithuania (both with 1.2%) and the most severe decline in Hungary (minus 0.7%), Latvia (minus 0.2%) and Romania (minus 0.1%, after an advance of 0.1% in Q2 2024).As compared to Q3 2023, between July and September 2024, GDP went up by 0.9%in the euro zone and by 1% in the EU, after an advance of 0.5% in the euro zone and 0.8% in the EU, in Q2 2024.Romania reported an annual decline of 0.3% between July and September 2024, after an annual advance of 0.8% in Q2 2024.The National Institute for Statistics (INS) revised downwards the economic growth of Romania during Q3 of this year, against the previous quarter, at -0.1% after having announced previously that it stagnated, and agains the same period of 2023 the GDP registered an increase of 1.1% gross series and a drop of 0.3% on the seasonally adjusted series, according to the temporary data published on Friday by INS.
Romanian-born film star Sebastian Stan is set to join director Radu Jude in a new project. The movie will reportedly be titled "Frankenstein in Romania," according to The Hollywood Reporter. Jude’s latest film, "Dracula," premiered at the Locarno Film Festival on Sunday, August 10, and tackles the much-depicted figure in another light. He is also […]
More than 470,000 people attended the 10th edition of Untold in Cluj-Napoca, central Romania, held over four days and featuring performances by international and Romanian artists. Organizers said this edition marked the end of the festival’s first decade and announced the launch of Untold One, set for 2026. The final night on August 10 drew […]
Standing at the foot of the world’s highest mountain is a dream for trekkers worldwide. But planning the journey isn’t just about fitness or gear—it’s also about budgeting wisely. The Everest Base Camp trek cost can vary greatly, and without clear guidance, travelers often face unexpected expenses that disrupt their plans. Whether you’re a budget […]
Romanians and citizens from 11 other countries can benefit from visa-free tourist visits of up to 45 days in Vietnam starting August 15, 2025. The new program is valid until August 14, 2028, according to Agerpres. Passport holders from Belgium, Bulgaria, the Czech Republic, Croatia, Switzerland, Luxembourg, the Netherlands,...
The Romanian Football Federation (FRF) has unveiled a special tricolor kit designed for dogs, allowing pet owners to cheer for the national team alongside their four-legged friends during this autumn’s matches. Inspired by the team’s traditional colors, the new bright yellow model is made specifically for canine supporters who want to match the rest of […]
Romanian venture capital fund Early Game Ventures has announced a seed investment of EUR 1 million in Orbital Matter, a promising space-tech startup specializing in advanced construction technology for use in space. With the new investment, the startup aims to reach TRL 8, the “flight-qualified” certification, during its next product launch into space. Orbital Matter […]
