The economy of the euro zone and that of the European Union registered a slight growth in Q4 2024 as compared to Q3 but the Romanian economy had a double growth against the average in the EU, according to the data revised publicly on Friday by Eurostat.According to the data, the GDP of the 20 countries which have switched to the single currency registered an advance o 0.2% during October –December 2024, as compared to the previous quarter, against the growth of 0.1% initially announced by Eurostat. The European office revised the data regarding the European Union, whose economy registered an advance of 0.4% in Q4 compared to the previous quarter, double against the growth of 0.2% initially announced.Among Member States, the strongest GDP growth rates were in Ireland (3.6%), Denmark (1.6%) and Portugal (1.5%). For Romania, Eurostat data show that GDP grew by 0.8% in the fourth quarter of 2024, compared with the previous quarter. This after Romania's GDP grew by 0.1% in the third quarter compared with the second quarter. In exchange, annually, Q4 2024 as compared to Q3 2023 the economic performance of Romania, growth of 0.7% is inferior to that in the euro zone economy of 1.2% and EU – 1.4%.Over 2024 as a whole, Gross Domestic Product grew by 0.9% in the euro area and by 1% in the EU, after a 0.4% advance in both areas in 2023. Separately, Eurostat on Friday released figures on employment developments in the fourth quarter. According to the data, the number of people in employment rose by 0.1% in the euro area and by 0.2% in the EU in the fourth quarter compared with the previous quarter, while Romania was the country with the strongest quarter-on-quarter increase in the employment rate, with a 2% advance. Eurostat estimates that in the last quarter of last year, 219.7 million people were employed in the European Union, including 171.2 million in the euro area.
More than 680 houses in Suceava country and 170 houses in Neamţ county were impacted in the flash floods that hit northeastern Romania at the end of last week. Forty-one houses were completely destroyed, Raed Arafat, the head of the Department for Emergency Situations (DSU), announced on Friday, August 1. Three people were killed in […]
Romanian justice minister Radu Marinescu said on Thursday, July 31, that harsher penalties are being considered for violence against women and domestic violence, including the criminalization of femicide. The minister said that Romania currently has legislation that is fairly adequate, in line with European standards, for combating violence, including domestic violence. He also said that […]
Via Transilvanica, the long-distance trail that crosses the country, will apply to be the first accredited long-distance route in Romania after the government issued the methodological norms regulating the hiking trails of national interest. Tășuleasa Social, the non-profit that developed the trail, called the recently issued norms "a huge step that transforms a bold idea into...
Former prime minister and Social Democratic leader Marcel Ciolacu stated that he does not rule out a candidacy for the presidency of the Buzău County Council, after rumors to that end. PSD Buzău president Romeo Lungu had previously told journalists that discussions are underway for the former prime minister to run for the Buzău County […]
The Balneo-Physiotherapy Clinic in the Călimănești resort town, southern Romania, will undergo rehabilitation with a EUR 10 million financing from the European Union, according to representatives of the Vâlcea County Council. The project implementation period will be 24 months from the completion of the tender for the execution of the works, which include, in addition […]
Bringo, the first personal shopper-based rapid grocery delivery service in Romania, handling over 4,000 daily orders in more than 35 cities, launches a loyalty program that turns shopping into a continuous reward experience. "Beyond functional benefits like discounts, free delivery, or double refunds for SGR packaging collected right at your doorstep, Bringo YOU offers a […]
