It’s the weekend of the St Nicholas celebration, but also of one for bookworms as one of Bucharest’s two major book fairs is on. Meanwhile, more season markets and events bring a festive atmosphere. ...
- As against the same quarter of 2020, the Gross Domestic Product recorded an increase by 7.4% for the unadjusted series and by 8.2% for the seasonally adjusted series; - In the period 1.I-30.IX 2021, as against the same period of the previous year, the Gross Domestic product increased by 7.2% for the unadjusted series and by 6.9% for the seasonally adjusted series; - The seasonally adjusted series of quarterly Gross Domestic Product did not changed as a result of the revision of the estimates for Q3 2021, as compared to the provisional (1) version, published in the Press release no. 311 of December 7, 2021. The National Institute of Statistics (INS) maintained at 0.4% the estimate for the growth of the Romanian economy in Q3, 2021, compared to Q2, but there were changes in the contribution of investment and consumption to the advance of GDP.Thus, compared to the figures published by INS in December last year, the final consumption expenditure of households had a contribution of 5.4% to GDP growth, from + 5.6% previously, due to the decrease of its volume from 9.3% to 9%. The final consumption expenditure of public administration had a negative contribution of -0.3%, due to the decrease in its volume from 0.3% to minus 1.6% while the gross fixed capital formation also had a contribution down to -0.5%, from -0.1%, as a result of the reduction of its volume from minus 0.4% to minus 1.7%.Compared to the same quarter of 2020, the Gross Domestic Product increased by 7.4% as raw series and by 8.2% as seasonally adjusted series.At nine months, the gross domestic product was 818.951 billion lei current prices, up, in real terms, by 7.2% compared to the same period in 2020.In Q3, the volume of the gross value added registered more important changes in the following fields: information technology and communications (+0.3 percentage points), from 113.9% to 114.2%; constructions (-0.2 percentage points), from 93.9% to 93.7%; financial intermediation and insurance (-0.2 percentage points), from 99.7% to 99.5%; real estate transactions (-0.2 percentage points), from 102.1% to 101.9%.
It’s the weekend of the St Nicholas celebration, but also of one for bookworms as one of Bucharest’s two major book fairs is on. Meanwhile, more season markets and events bring a festive atmosphere. ...
In the context in which agri-food systems are responsible for almost one third of global greenhouse gas emissions, Auchan Romania assumes an active role in the transition of its supply chain toward a more sustainable model. At the second edition of the Climate Supplier Event, organized under the aegis of the Climate Change Summit, the […]
Janiva Magness, the winner of seven Blues Music Awards following 26 nominations, and nominated for a Grammy for a career spanning 17 albums, is set to perform at the 14th edition of the Brașov Jazz & Blues Festival, which will take place between August 14–16, 2026. Magness is one of the most valuable and influential […]
Auction house Artmark announced a major auction for this winter featuring an engraving created by Francisco Goya, the most important Spanish artist of the late 18th and early 19th centuries. Romania's late communist leader Nicolae Ceaușescu received this gift from King Juan Carlos I as a gesture of diplomacy. The engraving entitled “The Engagement – Capricho […]
Authorities managing Romania's Bicaz Gorges–Hășmaș National Park has built a fish ladder system on the Bicaz River, which will allow protected species to migrate and reproduce. There are several bridges and small bridge structures in the Bicaz River that have a “bottom sill,” meaning small waterfalls. Fish that do not jump like the trout cannot […]
The far-right opposition parties in the Romanian Parliament are set to file a motion of no confidence against the government headed by prime minister Ilie Bolojan. The motion, authored by senator Ninel Peia of the Peace – Romania First group, is specifically aimed at the reformist party Save Romania Union (USR), and is entitled “Romania […]