Romania ranks first in EU by the share of adults at risk of poverty whose parents had a low level of education (37.4 percent in 2019), almost double the 20.3 percent average recorded in 2019 across the EU, shows data released on Tuesday by EU's statistical office Eurostat.By comparison, only 9.3 percent of Czech Republic adults with low-education parents were at risk of poverty in 2019.According to statistical data, whereas in the EU the share of people at risk of poverty whose parents had a low level of education has only seen a modest increase in the last decade from 19.8 percent in 2011 to 20.3 percent in 2019, in Romania this indicator has gone up significantly from 24.3 percent in 2011 to 37.4 percent in 2019.Conversely, the Czech Republic and Romania are the EU countries with the lowest risk of poverty among the descendants of highly educated parents, at 2.3 percent and 3.2 percent, respectively, while the EU average is 8.6 percent. By comparison, in Austria and Sweden the at-risk-of-poverty rate among people whose parents have a high level of education is significantly higher than in the EU or Romania, at 14.8 percent and 12.7 percent, respectively.
The Government of Romania, through its seaport company Administratia Porturilor Maritime (CNAMP), is close to buying Moldova's largest port, Giurgiulesti (PILG), from the European Bank for Reconstruction and Development (EBRD), announced Romania's Minister of Transport, Ciprian Șerban, speaking for
Bucharest’s Grigore Antipa Museum of Natural History is now offering an audio guide in Ukrainian. The guide, made in a partnership with Ukraine’s Embassy to Romania, adds to the museum’s existing ones in Romanian, English, and Turkish. The project is part of an initiative started by Ukraine’s first lady, Olena Zelenska, and rolled out in […]
The remains of Grigore Alexandru Ghica, a prince of Moldavia in the second half of the 19th century, have been brought back to Romania from France’s Le Mée-sur-Seine this past weekend. After lying in state at Cotroceni Palace, the headquarters of the Romanian Presidency, the coffin with his remains will travel to Focşani and Iaşi, […]
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
