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.
Exim Banca Românească continues the savings campaign under which it pays attractive interest rates, above the market average, for new deposits in lei and euro, over 7 months: interest rates of up to 7.20% per year for lei and 2.50% per year for euro. The offer is available both for the PLUS deposit in lei, […]
In a telecom market shaped by economic pressure, fierce competition, and rapidly evolving consumer habits, Orange Romania is betting heavily on network leadership as its defining advantage. With the largest 5G spectrum investment in the country’s history - around EUR 265 million - the company is doubling down on speed, coverage, and long-term infrastructure at […]
The Romanian job market was marked by extremes in 2025, according to an analysis by employment platform BestJobs. In some sectors, job-seekers dictated the rules, while in others they fiercely competed for a limited number of positions, giving employers the upper hand. In the IT sector, the limited number of available positions led to a […]
Poiana Brașov, a popular mountain resort in central Romania, will host a new winter event format starting in 2026, as Untold Universe launches Massif Week, scheduled to take place between February 27 and March 8. The initiative is designed to diversify the resort’s winter offering and extend the tourist season through a series of indoor […]
A memorial march will take place in central Bucharest on December 21 to mark the victims of the 1989 Revolution, which led to the fall of communism in Romania. The march will follow the Victory Square – University Square – Revolution...
Cushman & Wakefield Echinox announced the completion of the sale of the Zenith Conference & Spa hotel in Mamaia, one of the top hospitality units on the Romanian seaside, to the owners of Steaua de Mare Hotels & Resorts, based in Eforie Nord. The property was previously controlled by the RC2 investment fund and Antares […]
