The average estimated professional life for 15 years old youths in EU was 36.9 years in 2023, while Romania is last in the top with an average of 32.3 years, on the rise from 31.3 years in 2021 and 32 years in 2022, according to Eurostat data released on Thursday. According to those data, there are EU member states where the average professional life span is over 40 years, in countries like the Netherlands (43.7 years), Sweden (43.1 years) and Denmark (41.3 years). In contrast, the lowest professional life span recorded last year in Romania (32.2 years), Italy (32.9 years) and Croatia (34 years). The division on sexes shows that the estimated average professional life in higher among men (39 years in EU), than women (34.7 years). Among member states, the average professional life for men varies between 45.7 years in the Netherlands and 35.4 years in Croatia, Bulgaria and Romania (both with 35.6 years). For women, the average professional life varies between 41.9 years in Sweden and 28.3 years in Italy, forllowed by Romania (28.5 years). Eurostat points out that the estimated average professional life has constantly risen in EU. In 2020 it dropped for the first time, as a result of the health crisis, from 34.7 years in 2013 to 35.9 years in 2019, to go down to 35.6 years in 2020. In 2021 it returned to the level recorded before the pandemic. In Romania's case, the estimated duration of the average professional life grew from 32.8 years in 2014 to 33.8 years in 2019 to reach 33.7 years in 2020 and31.1 years in 2021. As of 2022 it went up to 32 years and to 32.2 years in 2023.
The Arts Hour on Tour, the BBC World Service arts and culture program that visits cities all over the world, will be in Bucharest next week to record a show on topics relating to the cultural life in the city and Romania. Television and radio broadcaster Nikki Bedi, who curates, writes, and presents the program, […]
Romanian prime minister Marcel Ciolacu recently stated during an interview that foreign minister Emil Hureaznu will be replaced if he continues to send messages to private individuals, such as those addressed to Elon Musk, without consulting him. The warning comes after Emil Hurezeanu stated on Saturday, February 22, that Elon Musk’s support for Călin Georgescu […]
Romanian state-controlled gas producer Romgaz (BVB: SNG) reported a net profit of RON 3.22 bln (EUR 647 mln) in 2024, up 14.5% compared with the previous year. The company’s revenues went down by 11.9% to RON 7.93 bln (EUR 1.6 bln) because of lower...
The Romanian Parliament rejected the no-confidence motion initiated by far-right parties AUR, SOS Romania, and POT against the government led by Social Democrat prime minister Marcel Ciolacu. The motion received 147 votes in favor and one against during the lawmakers' meeting on Friday, February 28 - a figure lower than the 155 signatures with which […]
Nuclearelectrica (BVB: SNN), the company that operates Romania’s only nuclear power plant – Cernavoda, reported a net profit of RON 1.7 bln (EUR 343 mln) in 2024, down 31% compared with the previous year. The company recorded 37.6% lower revenues from electricity sales due to lower average...
In his first press conference since becoming interim president, held on Friday, February 28, Ilie Bolojan said that discussing peacekeeping troops in Ukraine is premature, since no peace agreement was reached. He also discussed increasing Romania’s defense spending, the relationship with the United States, and the reconstruction of Ukraine. The press conference was organised after Ilie […]
