Romania's Gross Domestic Product (GDP) has gone up in 2021 by 17 billion Euro, as opposed to 2019 and reached almost 1.190 billion RON, a historic record, according to the Minister of Entrepreneurship and Tourism, Constantin-Daniel Cadariu."Romania reaches a GDP of almost 1.190 billion RON at the end of 2021, approximately 240 billion Euro. This is a historic record. Despite the biggest crisis of the last decades, Romania's GDP has gone up in 2021 by 17 billion Euro as opposed to 2019 (a boom year of the global economy when we had a GDP of 223 billion Euro). The GDP in 2021 is 21 billion Euro larger than last year (218.9 billion Euro), during the peak of the pandemic caused economic crisis. Furthermore, Romania ends 2021 with an economic growth of approximately 7%. At the beginning of the year, the Citu Government cautiously estimated a growth of 4.3%. Economic growth will be 2.7 percentage points higher than the one estimated when the 2021 budget was being made," Cadariu wrote on Facebook, on Monday.In the fiscal-budgetary strategy for 2021-2023, based on which the budget was built last year, an economic growth of 4.3% was foreseen, as well as a GDP of 1,116.837 billion RON.The National Commission for Strategy and Prognosis (CNSP) estimated, on its medium term forecast for 2021-2025, the autumn variant, a GDP value of 1,190.3 billion RON in 2021, with a 7% increase from the previous year.
Some dinners are eaten. Others are remembered. At Corinthia Grand Hotel du Boulevard, the past few months have unfolded like a quiet culinary opera. One by one, Europe’s most celebrated chefs arrived, took over the kitchen of Boulevard 73 and left behind more than menus; they left stories. Now, on December 4, the curtain falls. […]
HORIZON CITY, a €130 million residential project, is emerging as one of the most solid and forward-thinking developments in the Pipera area—both through its scale and through the modern direction it sets for the new residential standards in the north. Developed across nearly 23,000 sqm, with 699 apartments and 926 parking spaces, the project brings […]
Romania’s National Forest Administration, or Romsilva, announced that it is putting over 16,000 Christmas trees up for sale over the winter in a press release published on Thursday, November 27. The trees can be purchased directly from the offices of the forestry districts. Prices range between RON 17 (EUR 3.3) for a spruce...
Lot 3 Pietroasele–Buzău of Romania's A7 highway, also known as the Moldova highway, was inaugurated on Thursday, November 27. The newly inaugurated segment is 13.9 km long. The A7 connects Romania’s historic regions of Muntenia, the southern part of the country, with Moldova, the eastern part. “We are opening another 13 km of the Moldova Motorway […]
The City Hall of Sinaia, a popular mountain town roughly 120 km north of Bucharest, announced that a new attraction, the alpine coaster on Pârtia Nouă, will officially open on December 1. The installation, located in the ski area near the Sinaia Gondola, features what the authorities say is the longest track of its kind […]
The Romanian national team debuted with a victory in Group A of the Women’s Handball World Championship, organized in the Netherlands and Germany. Romania won 33–24 (13–12) against Croatia in the Ahoy Arena in Rotterdam on Thursday, November 27. The Romanian team dominated the match in the second half, left backer Sorina-Maria Grozav scoring 7 […]
