The economy of the eurozone and the European Union registered a slight increase in the second quarter, compared to the previous quarter, and Romania had the most modest economic performance in the EU bloc, according to revised data published by Eurostat on Friday. According to those data, the GDP of the 20 countries which switched to euro registered an advance of 0.2% between April and June 2024, as compared to the previous quarter. It is about performance slightly lower than the increase of 0.3% initially announced by Eurostat. The European Office revised the data regarding the EU, whose economy registered an advance of 0.2% in the second quarter as compared to the previous one, slightly less than the increase of 0.3% initially announced. Among the member states, the strogest growth rhythms of the GDP were in Poland (1.5%), Greece (1.1%) and the Netherlands (1%).Portugal and Romania are last in the top with economic growth of 0.1% in the second quarter, according to Eurostat. Separately, Eurostat published on Friday the figures regarding the evolution of the employmenbt rate in the second quarter. According to these data, the number of employed people increased by 0.2% in the euro zone, and by 0.1% in the European Union, in the second quarter, compared to the previous quarter, and Romania was the country with the strongest rate decrease of occupation from one quarter to another. In the second quarter of 2024, the member states that recorded the strongest increases in the employment rate were: Ireland and Lithuania (both by 1.1%) and Estonia. (0.8%). The most important decreases in the employment rate wer3e recorded in Romania (minus 0.5%) and Finland (0.4%). Eurostat estimates that in the second quarter of this year, there were 281,6 million employed people in the European Union, of which 170.1 million were in the eurozone.
Druid AI today announced it has secured USD 31 million in Series C financing to advance the global expansion of its enterprise-ready agentic AI platform under the leadership of its new CEO, Joseph Kim. The investment was led by Cipio Partners, with participation from TQ Ventures, Karma Ventures, Smedvig, and Hoxton Ventures. Kim has more […]
Drivers in Bucharest lose, on average, 12 working days annually due to congestion, according to Traffic Index 2025, an analysis carried out by the Institute for Visionary Cities. The index compares how much circulation slows down on working days compared to a free-flow regime, for the 41 county seat municipalities and Bucharest. According to the analysis, […]
Romania’s Senate and Chamber of Deputies held a moment of silence on Monday, September 15, for American conservative activist Charlie Kirk, who was shot dead at a university event on September 10. The marking of Kirk’s death came at the initiative of the far-right party Alliance for the Union of Romanians, or AUR. Both Kirk […]
A mountain shelter is scheduled to open this fall in the Făgăraș Mountains' Curmătura Bratilei area following a EUR 60,000 investment. The shelter, located at an altitude of 2,100 meters, is built by the private ophthalmopediatric hospital Infosan in partnership with the non-profit Carpați Mountain Association and the Brașov Emergency Situations Inspectorate (ISU Brașov). The […]
The official trailer for The Yellow Tie/Cravata Galbenă, a major international production about the life of renowned Romanian conductor Sergiu Celibidache, has been released, with the film set to hit cinemas nationwide on November 14. The cast includes John Malkovich and Miranda Richardson, both double Academy Award nominees, along with Ben Schnetzer, Kate Phillips, Sean […]
The presidential elections held in November 2024 in Romania were influenced by a large-scale hybrid war orchestrated by Russia before they were cancelled, according to general prosecutor Alex Florența. Romania’s presidential election was annulled last December after declassified reports alleged Russian involvement in cyber activities aimed at undermining the integrity...
