The volumeof retail trade grew by 0.1% in EU and dropped by 0.3% in the euro zone in June, compared to the same period of 2023, while Romania recorded the most significant advance, according to data releases by Eurostat on Tuesday. Among EU states which have available data, the highest increase of retail trade volume in June, compared to the same period of 2023 was recorded in Romania (10.2%), Luxembourg (7.9%) and Coratia (5.4%), while the most significant drops were in Belgium (minus 7.3%), Estonia (minus 4.1%) and Austria (minus 3.9%). In EU, sales of food, drinks and tobacco dropped by 0.5%, while sales of non-food products went up by 0.7% and those of car fuel by 0.5%. The volume of retail trade dropped by 0.3% in the euro zone and by 0.1% in EU in June, compared to the previous month when it recorded a 0.1% advance both in EU and the euro zone. Among EU member states for which data are available, the biggest increase of the volume of retail trade in June, compared to the previous mont, was recorded in Romania (1.8%), Bulgaria (1.4%) and Denmark (1%), the most significant drops being in Croatia (minus 2.7%), Austria (minus 2.3%), Latvia and Lithuania (both minus 1.7%). In EU, sales of food, drinks and tobacco dropped by 1%, those of non-food products remained stable, while sales of car fuels went up by 0.6%. According to data of the National Statistic Institute, in Romania the volume of the retail trade business (except for car and motorcycle trade), gross series, went up by 0.9% in June 2024, compared t the previous month, due to the advance recorded for retail trade of car fuels in specialized shops (+5.7%) and for sales of nn-food products (+0.3%). Sales of food, drinks and tobacco dropped by 0.8%. Adjusted series went up by 1.9%, due to the increase recorded for retail sale of fuels for vehicles in specialized stores (+4.4%), sales of non-food products (+1.9%) and sale of food, drinks and tobacco (+0.1%). The volume of the retail trade figure (except for trade of cars and motorcycles), in June 2024 compared to June 2023, recorded an appreciation of 9.4%, due to the increase of nn-food products (+11.9%), retail trade of fuels for vehicles in specialized stores (+9.7%) and of food, drinks and tobacco (+6.2%). The adjusted series acording to the number of working days and season, there was a 10% increase, due to the rise recorded for non-food products (+13.3%), retail trade of fuels for vehicles in specialized stores (+10.2%) and sales of food, drinks and tobacco (+5.7%).
The fund Cultura Face Bine, a national funding mechanism for cultural projects backed by private-sector financing, will begin supporting local cultural organizations in 2026. The fund aims to support grassroots cultural initiatives with a proven impact in their communities and which need resources to continue, develop, or transform their activities. The funding mechanism has been […]
The European Commission (EC) announced on Thursday, December 11, that it is referring Romania to the Court of Justice of the European Union (CJEU) for failing to meet obligations under Ambient Air Quality Directives. According to the Commission, Romania has not ensured that its national air quality monitoring network complies with legally required standards on […]
The Bucharest Court of Appeal (CAB) held an unprecedented press conference on Thursday, December 11, in response to allegations raised in a recent media investigation published by Recorder, with court president Liana Arsenie firmly rejecting the claims. However, at the start of the press event, a judge from within the institution publicly stated that the […]
Romania’s Superior Council of Magistracy (CSM) issued its first response to the Recorder documentary alleging systemic manipulation within the justice system, calling the investigation an amplification of a “campaign to destabilize judicial authority.” The council said on Thursday, December 11, that it will evaluate what measures need to be taken following the report. In a […]
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 […]
