The production services has increased by 0.1% in the European Union and has decreased by 0.1% in the euro zone, in May as compared to the previous month (when there was an expansion of 1% in both zones) and Romania had the most significant advance, according to the data published on Wednesday by the European Bureau for Statistics (Eurostat).The biggest increases of the production of services, in May as compared to April were registered in Romania (17.7%), Luxembourg (3.6%) and Malta (2.5%) and the most severe decline in Slovakia (minus 1.9%), Denmark (minus 1.8%) and Slovenia (minus 1.6%).Among the EU member states, the production of services dropped by 0.7% on the segment ”transport and storage”, by 0.2% for real estate activities, by 0.1% for administrative services and assistance, was stable for professional activities and increased on the segment of accommodation and food services by 1% and on the segment ”information and communication” by 0.4%. In May 2024, as compared to the similar period of 2023, the production of services has increased by 2.6% both in the EU and by 2.5% in the euro zone.The largest increases in service production in May 2024 compared to the similar period in 2023 were recorded in Luxembourg (16.6%), Malta (16.5%) and Romania (14%), and the most severe decline in Greece (minus 6.2%), Denmark (minus 3.2%) and Austria (minus 3%).Among the EU member states, the production of services has increased by 0.1% for the segment ”transport and storage”, by 7.7% for ”information and communication”, by 1.7% for real estate activities, by 2.7% for professional activities, by 1.3% for administrative and assistance services and dropped on the segment of accommodation and food services, by 1.1%.
Romanian producers from Timiș and Tulcea claimed three gold medals at the 2025 edition of the Concours International de Lyon, one of Europe’s leading cheese and dairy competitions. Held in Lyon, the event brought together products from 15 countries and awarded a total of 680 medals, including 459 gold and 221 silver. From Romania, Asociația […]
Romania’s national team learned its potential group-stage opponents for the 2026 FIFA World Cup on Friday, December 5, during the official draw held at the John F. Kennedy Center for the Performing Arts in Washington, D.C. The winner of the UEFA play-off path that includes Romania will join Group D, alongside the United States, Paraguay, […]
Romanian president Nicuşor Dan is paying an official visit to France on Monday and Tuesday, with a schedule that includes meetings with French leader Emmanuel Macron, Paris mayor Anne Hidalgo, and members of the Romanian community,
The December 7 elections in Bucharest marked the lowest turnout in the last decade, but were also a major win for the National Liberal Party (PNL) since its candidate, Ciprian Ciucu, won a majority of votes in 5 of the 6 districts of the capital. In District 1, Ciprian Ciucu obtained 40.29% of the votes. […]
Romania’s profit share, defined as the proportion of value added distributed by non-financial corporations to capital rather than labour, fell for the second consecutive year to 48.1% in 2024, Eurostat reported on December 7. The ratio was 40.0% on average in the European Union, with below-average ratios in more developed countries such as France (32.2%) […]
The pension law "brutally violates the independence of the judiciary" and "de facto eliminates the service pension for magistrates," according to the reasoning published by the High Court (ICCJ) along with its decision to refer the magistrates' pensions law to the Constitutional Court, Ziarul Financiar reported. ...
