Consumption levels reached an all-time high in 2024, with the retail market showing significant potential for further growth if current trends persist, according to Colliers experts in their analysis of the sector. Eurostat data revealed a 13% year-on-year increase in non-food purchases this year, bringing sales to 60% above the 2018-2019 average.
Romania is recording a 58% increase in the volume of non-food retail sales, the highest in the European Union (EU), highlighting the significant...
"There is no question of a nuclear dome over Romania," presidential adviser and former foreign minister Cristian Diaconescu said, commenting on the scenarios circulated about France using its nuclear umbrella to protect a larger part of the continent against the Russian threat, according to
The average net wage in Romania rose 9.7% y/y to RON 5,328 (EUR 1,070) in January, marking the slowest annual real growth rate (+4.7% y/y) since May 2023. Wages are expected to lose momentum through 2025, after the 4.4% and 7.7% advance, in real terms, during 2023 and 2024. The government’s forecasting body expects a […]
Romania’s public debt increased by 22.9% y/y to RON 964.3 billion (EUR 193.9 billion) at the end of December, after it surged by EUR 36.2 billion during the year. The public debt leaped by RON 27.4 billion (EUR 5.5 billion) in December, although the Treasury has not issued any FX bond – the increase […]
International rating agency Moody's followed Fitch and S&P in changing Romania's outlook from stable to negative, based on concerns about the fiscal situation aggravated by the political turmoil. All three major agencies rate Romania's debt at the lowest category in the investment-grade area – Baa3 in the case of Moody's. The decision to change the […]
Thousands of Romanians gathered in cities across the country and in major European capitals on Saturday, March 15, in a show of support for Romania's place in the European Union. The Euro Manifest rally took place in Bucharest, Timișoara, Arad, Oradea, Iași, and in the diaspora, including Brussels, London, and Dublin. Organizers estimated that between […]
The 2025 edition of the year’s first major film fest in Europe (and one of the biggest worldwide), the Berlin International Film Festival, took place between 13 and 23 February. My notes come with a bit of delay, as I was also hit by the festival flu that got so many of us sniffling and […]
