In 2023, the gross domestic product (GDP) per capita, measured in purchasing power standards, varied from 64% of the EU average in Bulgaria to 240% in Luxembourg, according to Eurostat last report. In 2023, notable disparities in GDP per capita, measured in purchasing power standards, were observed across EU nations. Luxembourg and Ireland boasted the highest levels, surpassing the EU average by 140% and 112% respectively, followed by the Netherlands (+30%), Denmark (+28%), and Austria (+23%). Conversely, Bulgaria reported the lowest GDP per capita, falling 36% below the EU average, with Greece (-33%) and Latvia (-29%) following suit. In the case of Romania, there was a modest enhancement in 2023, rising from 76% in 2022 to 78% of the European Union average, influenced by the performance of other member states. Notably, Romania has surpassed Hungary, which still contends with higher inflation rates than Romania, as well as Croatia, Slovakia, and Latvia. However, Romania still trails behind Poland, which stands at 80% of the EU average, though the gap has slightly narrowed.
The second stage of the international Grand Chess Tour, one of the most important chess tournaments in the world, will take place in Bucharest from May 7 to May 16. The first stage of will take place in Warsaw, Poland. However, the event’s opening will take place on May 6. In addition to these two, […]
Voxxed Days Bucharest 2025 concluded the 2025 edition on 27th March, after two days of successful workshops and conferences. "I'm grateful we managed to bring together 300 developers and tech team leaders again this year, in a conference dedicated to a passionate developer community. It was a significantly bigger effort than in previous years, given […]
Romania’s civil shelters, which are to be used to protect people in the event of armed conflict, are few, unsanitary, and largely obsolete in terms of equipment, according to a report by the Court of Accounts. The audit conducted by the Court of Accounts on the situation of civil...
The organizers of music festivals Untold and Neversea have signed an agreement with the Bucharest City Hall to organize a "mega-festival" in the capital this year. The large-scale project is set for a pilot edition this year, with plans to have it "grow year by year." It will take place at Arena Naţională. The talks […]
Around 61% of Romanians say they have been the target of online fraud attempts, the most common consequences being the infection of the device with malware or viruses (42%) and the loss of money (30%), according to the latest study conducted by Reveal Marketing Research. Of those who have been targeted, 39% have experienced such […]
Showpad, active in AI-driven revenue enablement technology, announced the official launch of its Research and Development center in Bucharest. With headquarters in Ghent (Belgium) and Chicago (US), Showpad is "strategically positioning its new R&D center to tap into the rich talent pool and burgeoning technology ecosystem of Romania." It also underscores Showpad's dedication to accelerating […]
