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%).
REHAU, the German leader in polymer-based solutions for the construction, automotive, and industrial sectors, announced the appointment of Paul Chipriean as Country Manager for Romania at the beginning of this year, taking over for Alexandru Oprea, who will move on to a new strategic regional position. Concurrently, Paul Chipriean will also serve as Director of […]
Moldova will not compete in the Eurovision 2025 song contest. The decision was made "following a detailed analysis of the current situation, as well as economic, administrative, and artistic challenges," the organizers stated. The announcement was made on Wednesday, January 22, by the director of the national television Moldova 1, Corneliu Durnescu, and the head […]
Low-cost airline Wizz Air said that it continues its expansion at the Sibiu base with the allocation of a second aircraft in the summer of 2025, bringing the total number of aircraft in Romania to 33. The company will thus increase capacity in the Transylvanian city by adding over 320,000 seats, a 58% increase compared […]
The renovation and rehabilitation work on Romania's famous Constanța Casino is in its final stages, and the historic building may already host its first major event in March. The Casino is set to officially open to the public in the spring. Set for 2022, the official opening was delayed due to unforeseen problems, doubling the […]
Creating a website can often feel like a challenging task, especially for those without programming or design experience. To meet the needs of a growing market, Andrei-Fredy Crăciun created Loopple AI, a platform that allows users to build fully functional websites in less than a minute with the help of artificial intelligence – no technical […]
Romania will set up and operate its first fish farms in the Black Sea this year, as announced by environment minister Mircea Fechet, with certain areas already assigned for future farms. Investments are long overdue, as discussions about fish farms in the Black Sea have been ongoing for decades in Romania, while similar investments have […]
