GDP remained stable, both in EU and in the euro zone, in quarter 3, 2023, compared to the same period of 2022, after an advance of 0.5% in EU and 0.6% in the euro zone, in the period April- June 2023, according to the data released on Thursday by Eurostat. Among EU member states, the most significant advance was recorded in Malta (7.1%), Croatia (3%) and Romania (2.9%), in quarter 3, 2023, compared to the same period of 2022. The most significant decline was in Ireland ( minus 5.4%) nd Estonia (minus 4%). US GDP went up by 1.3% in quarter 3, 202, compared to the previous 3 months and by 3% annually. Eurostat data show that EU economy remained stable and that in the euro zone dropped by 0.1% in 2023, compared to the previous 3 months, when an increase of 0.1% was recorded both in EU and in the euro zone. Among EU member states, the most significant annual advance over July- September 2023 was recorded in Malta (2.4%), Poland (1.5%), Cyprus (1.1%), Romania and Hungaru ( both with 0.9%), while the most significant decline was in Ireland (minus 1.9%), Estonia (minus 1.3%) and Finland (minus 0.9%).
Program empowers women in Romania to step into management or advisory board roles Offering actionable advice for women in businesses seeking strong governance Supporting EU gender diversity targets with inclusive leadership programs The European Bank for Reconstruction and Development (EBRD) celebrates Women’s Entrepreneurship Day on 19 November 2024 by highlighting the EBRD Women on Boards […]
Planeta Crăciun/Planet Christmas, the holiday market organized by Untold Universe in Cluj-Napoca, opens this Friday, November 22. The event, hosted by the city’s Unirii Square, kicks off with the lighting of the festive decorations, followed by a live concert featuring Carla’s Dreams, Andreea Șilochi, and Kids Sing Academy. Thousands of visitors are expected to gather […]
Human remains and archaeological artifacts dating thousands of years were discovered during construction work at the site of the Regional Oncology Hospital in Iași, in eastern Romania. Researchers from the Institute of Archaeology of the Romanian Academy's Iași branch uncovered several important artifacts during the dig. The team led by Dr. Măriuca Vornicu dated the […]
DropCoal, the experiment developed by the Romanian InSpace Engineering (RISE) with the support of the European Space Agency (ESA), is now operational on the International Space Station (ISS). Astronaut Donald Pettit installed it last week in the ICE Cubes Facility, and the entire process went smoothly, according to RISE. The experiment will run for 6 months […]
For the first time in modern history, Hungary holds more gold reserves than Romania after the National Bank of Hungary purchased 14.5 tons of gold at the end of September this year, according to Tavex Romania. The price of gold gold has increased by 25% this year alone and reached an all-time high of USD […]
While half of Romanian households manage to save money each month, 57% of these savings are kept in cash, according to the 2024 Debt Barometer, a study conducted by IRES in partnership with KRUK Romania. The research looks at financial habits, spending priorities, and debt payments, highlighting a pressing need for economic education and tailored […]
