Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Opinion poll: 48% of Romanians reduce budget for...

Opinion poll: 48% of Romanians reduce budget for Christmas compared to 2020

January 6, 2022

Romanians are preparing for the second year in a row to spend holidays in pandemic conditions: more at home than in trips with lower budgets, according to a survey made by CEC Bank.   A bank press release show that 92% of Romanians say they will spend celebrations at home, with the family and ony; 3.5% have plans of leaving on holiday, while 4.6% plan to go out.   The average income Romanians want to spend on holidays, including Christmas gifts and meals is 1,017 lei, when 29% of respondents say they will spend less than 500 lei and only 4.13% can afford spending more than 3,000 lei. 48% of respondents say they will reduce expenses compared to last year, while only 18% afford spending more than in 2020.   For Christmas meal, 42.5% of Romanians are willing to spend less than 300 lei, 33.8% between 300 and 600 lei and only 23.6% allocate a budget higher than 600 lei. The average budget allocated for gifts is 509 lei, while 65% of respondents want to stay under that platform and only 9.5% plan to spend more than 1,000 lei.   As for the Christmas trees 13% say they would not trim a tree, 56% will use artificial fir trees and 30.5% say they would buy a fir tree with a maximum budget of 150 lei. 64% of respondents pay cash for holiday purchases, while debit and credit cards have a share of over 24%.   According to the survey, Romanians do not usually plan holiday budget in time: most of them have higher expenses from the current monthly salary: most of them support expenses higher than the current salary (42%) ans only 36% save beforehand. 9.5% of Romanians hope they will receive compensations they will use to cover those expenses, while 12.5% use loans or credit cards.   The survey on financial customs for holidays was made online, by Finzoom, upon the request of CEC Bank in November, on a sample of over 1,800 respondents.   CEC Bank is the financial institution with the longest tradition in Romania.   Founded in 1864, CEC Bank has now the largest national network, with over 1,000 branches and territorial units and stock of over 45.1 billion lei at the end of September 2021.

The text of this article has been partially taken from the publication:
http://actmedia.eu/daily/opinion-poll-48-of-romanians-reduce-budget-for-christmas-compared-to-2020/95390
Read in full - click here
Donald Trump says he “did not favor” Romania’s Klaus Iohannis for NATO secretary general

US president Donald Trump told NATO secretary general Mark Rutte that he supported him in the race for the current position against former Romanian president Klaus Iohannis. However, Trump did not name Iohannis directly, despite him being Rutte's only competitor. During the recent discussions in the White House, Donald Trump emphasized that there was another candidate […]

Report: Measles cases surge in European Region, Romania reports highest number in 2024

Measles cases in the European Region have reached alarming levels in 2024, with Romania reporting the highest number. According to an analysis by the World Health Organization (WHO) and UNICEF, 127,350 measles cases have been reported across 53 countries in Europe and Central Asia, marking a doubling of...

Romanian academic renounces SNSPA award after Donald Trump’s nomination for Nobel prize

Vladimir Tismăneanu, a well-known professor of political science and director of the Center for the Study of Post-Communist Societies at the University of Maryland, announced on Friday, March 15, that he has decided to renounce the title of Doctor Honoris Causa awarded by the National School of Political and Administrative Studies (SNSPA), after the university […]

Romanian consumer protection agency closes restaurant in the Parliament Palace

A restaurant in the Brâncovenesc Salon of the Palace of Parliament was closed on Thursday, March 13, by inspectors from the National Authority for Consumer Protection (ANPC), announced the institution led by Cristian Popescu Piedone. Inspectors said they found products past their expiration date and irregularities regarding food storage, according to Hotnews.ro.  ...

Bucharest borrows EUR 34 mln from EIB to upgrade district heating system

The Bucharest City Hall has secured a EUR 34.4 mln loan from the European Investment Bank (EIB) to support the rehabilitation of the city's district heating system.  This funding marks the first tranche of a broader EUR 300 million loan package intended to finance key infrastructure projects, including district heating, urban mobility, and the modernization […]

Romania’s Constitutional Court rejects bill on higher military pensions

The Constitutional Court of Romania (CCR) admitted, on March 11, the objection of unconstitutionality regarding military pensions and decided that the Law supplementing Law no. 223/2015 on state military pensions is unconstitutional, according to Europa Libera Romania. The draft provides...