The annual inflation rate in EU dropped in February to 2.8%, from 3.1% in January, but Romania is, for the second month in a row, the country with the highest inflation in EU, according to data released by Eurostat on Monday. In February, EU member countries with the lowest annual inflation rates were Latvia and Denmark (both with 0.6%), followed by Italy (with 0.8% inflation). At the opposite pole, EU countries with the highest annual inflation rates were Romania (7.1%), Croatia (4.8%) and Estonia (4.4%). Compared to January 2024, the annual inflation rate dropped in 20 member states, Romania included, from 7.3% to 7.1%, remained stable in 5 countries and went up in tw member states. In the euro area, the annual inflation rate dropped from 2.8% in January to 2.6% in February. Eurostat data show that core inflation, after eliminating prices for volatile goods, such as energy and food, dropped to 3.3% in February from 3.6% in January. Another indicator, which besides energy and food prices, excludes prices for cigarettes and alcohol, dropped to 3.1% from 3.3% in January. Core inflation is the indicator attentively monitored by ECB in elaborating its monetary policy decisions. In Romania's case, the National Statistic Institute (INS) previosuly informed that the annual inflation rate dropped in February 2024 to 7.23%, from 7.41% in January. When food prices went up by 4.48%, notn food by 7.82% and services by 11%. According to the source mentioned, the consumer price index in February 2024 compared to January 2024 was 100.78%. The annual inflation rate in February compared to February 2023, calculated based on the consumer price index was 7.1%. The average rate of consumer price modification in the last 12 months (March 2023-February 2024) against the previous 12 months (March 2022-February 2023) dwas 8.7%. The Romanian central bank(BNR) reviewed as dropping to 7.4% the inflation prognosis for the end of the year, from 4.8% previously and anticipates that it would reach 5.3% at the end of 2025, according to data presented in February by BNR governor Mugur Isarescu.
A mountain shelter is scheduled to open this fall in the Făgăraș Mountains' Curmătura Bratilei area following a EUR 60,000 investment. The shelter, located at an altitude of 2,100 meters, is built by the private ophthalmopediatric hospital Infosan in partnership with the non-profit Carpați Mountain Association and the Brașov Emergency Situations Inspectorate (ISU Brașov). The […]
The official trailer for The Yellow Tie/Cravata Galbenă, a major international production about the life of renowned Romanian conductor Sergiu Celibidache, has been released, with the film set to hit cinemas nationwide on November 14. The cast includes John Malkovich and Miranda Richardson, both double Academy Award nominees, along with Ben Schnetzer, Kate Phillips, Sean […]
The presidential elections held in November 2024 in Romania were influenced by a large-scale hybrid war orchestrated by Russia before they were cancelled, according to general prosecutor Alex Florența. Romania’s presidential election was annulled last December after declassified reports alleged Russian involvement in cyber activities aimed at undermining the integrity...
Maia Sandu, Donald Trump, and Emmanuel Macron are the international leaders who enjoy the greatest trust among Romanians, according to a poll conducted by Avangarde. The survey, carried out between September 8–14, shows Romanians’ perceptions of the country’s direction, international political leaders, global institutions, and certain foreign policy topics. The opinion poll revealed that the world […]
Former presidential candidate Călin Georgescu was sent to trial on charges of complicity in an attempted coup, alongside alleged paramilitary leader Horațiu Potra and 20 other people, Biziday.ro reported. He also allegedly benefited from hybrid warfare operations coordinated by Russia during the country’s 2024 presidential election crisis. Romania’s presidential election
A caravan of 150 cyclists, 90 cars and 25 motorbikes covered 830 km at the Tour of Romania, the most important local cycling competition, organized between 10 and 14 September by the Romanian Cycling Federation, together with the National Agency for Sports and Auchan Romania, the main co-organizing partner. In addition to the elite sports […]
