The European Union exported 4.82 million tons of wheat in the first months of 2024-2025 season, 23% less than the 6.25 million tons exported in the same period of the previous season, the European Commission announced on Tuesday, which mentioned however that data were not complete, Reuters informs. Over July 1 – September 8, 2024, Romania was the biggest wheat exporter in EU, with 1.72 million tons, followed by Lithuania (620,000 tons), Bulgaria (550,000 tons), Germany and France (both with 500,000 tons). In the first two months of 2024-2025 season, EU exported 1.321 million tons of barley, on the drop by 34% against the same period of the 2023-2024 season, as well as 184,023 tons of corn, on the drop by 20% annually. Both for barley and corn, Romania was the biggest exporter in EU, with 824,640 tons of barley and 104,169 tons of corn in the first two months of the farming season starting on July 1, 2024. As for imports, EC data show that EU wheat imports remained the same, at 1.373 million tons, while corn imports grew by 20% to 3.848 million tons. Ukraine was the biggest supplier of corn and wheat in EU over July 1 – September 8, 2024, with 2.297 million tons, and 866,658 tons respectively. Among member states, Spain was the largest wheat importer in EU at the beginning of 2024-2025 season, with 810,000 tons. Also Spain was the biggest corn importer in EU, with 1.28 million tons imported in the mentioned period. The European Commission pointed out that export data in France are incomplete since the beginning of 2024, while export and import data for Bulgaria and Ireland are incomplete since the beginning of the 2023-2024 farming year. France is the largest wheat exporter in EU and Bulgaria is an important wheat supplier.
In the absence of current negative influences, Romania’s economy could have an annual growth potential of 3-4%. Political instability and global geopolitical risks are dampening growth. Economic growth in 2024 was driven by wage increases and accelerating consumption, satisfied however largely through imports. Due to a decline in domestic economic competitiveness, net exports contributed negatively […]
The Bucharest Stock Exchange (BVB) announced on Thursday, March 13, the launch of a new financial education section on the BVB Research Hub platform, dedicated to retail investors. The capital market operator said that it started this project out of the need to increase the level of financial education and promote the investment culture. It […]
The Romanian governing coalition's presidential candidate, Crin Antonescu, announced on Thursday, March 13, that he is launching a podcast designed to popularize his candidacy before the May elections. Antonescu, who is backed by the alliance made up of the Liberals (PNL), Social Democrats (PSD), the Democratic Alliance of Hungarians (UDMR), and the minorities, stated that he will […]
Some 4,500 teachers will learn about rights and responsibilities online, accessibility, inclusion, online well-being, and ethics as part of Incubatorul Civic Digital (ICD - The Civic Digital Incubator), a digital citizenship and democratic culture project implemented by Institutul Intercultural Timișoara, Asociația TechSoup and Școala de Valori. The project, which offers free training, is aimed at […]
Mihaela Murariu, Attorney at Law at Grecu Partners Business Law Firm, analyzes the impact of Artificial Intelligence on personal data protection. Artificial intelligence (AI) has become a ubiquitous technology, used in more and more fields, from marketing and healthcare to recruitment and financial services. However, the widespread use of AI raises numerous questions about privacy […]
Starting next week, the gardens and interior of the presidential Cotroceni Palace in Bucharest will be open to visitors every weekend, from Friday to Sunday. Interim president Ilie Bolojan announced the initiative, emphasizing it as a gesture of respect and openness from the Presidential Administration. “Every weekend, from Friday to Sunday, this entire area, including […]
