The latest European Commission health report puts the pair of south-eastern EU accession states last in terms of the overall lifespan of their citizens. Romanians and Bulgarian now die even younger than before.
The upward revision of the inflation trajectory puts pressure on the payrolls earmarked by the private companies in Romania for 2022, according to the second part of the PayWell 2021 study conducted by PwC Romania. While the companies previously estimated at an average increase of wages of 7%, the rate should be revised upwards by 2-3 percentage points, to compensate for the loss of purchasing power, according to the study. According to a company statement, most companies drafted their budgets at the end of the summer, when inflation still stood at 4%. By the end of the year, inflation is expected to exceed 7%, which could lead to a revision of the payroll.Romania’s headline inflation is expected to hit 7.5% YoY at the end of the year (compared to 5.6% YoY projected in August and 4.1% YoY in May), to rise to 8.6% YoY at the end of the second quarter next year as the temporary energy bill subsidies are phased out, and ease to 5.9% YoY at the end of 2022, under the revised inflation outlook revealed by the National Bank of Romania (BNR) on November 11.
The latest European Commission health report puts the pair of south-eastern EU accession states last in terms of the overall lifespan of their citizens. Romanians and Bulgarian now die even younger than before.
Saber-rattling over Ukraine puts US-led alliance center stage, downgrading EU.
President Klaus Iohannis stated on Monday that the Unification of January 24, 1859, demonstrates the importance of the existence of a project to catalyze the energies of the Romanian people."The Unification of January 24, 1859 demonstrates the importance of the existence of a project that catalyzes the energies of our people. In trying times, Romanians […]
The minister of foreign affairs, Bogdan Aurescu proposed the organisation in Kiev of a reunion of the EU ministers of foreign affairs, which could demonstrate the solidity of the European Union in Ukraine, in the context where Russian military forces are gathered at the Russian-Ukrainian border and the risks of this situation at the address […]
The data of an Avangarde survey which measures the public perception on the situation in Ukraine, at the command of G4Media, shows that 42% of the interviewees think that Russia will invade Ukraine, only 29% considering that the invasion will not take place. 64% of the interviewees see Russia as a threat for Romania, while […]
Energy Minister Virgil Popescu, attending on Saturday an informal meeting of the EU Energy and Environment Ministers in Amiens - France, informed the European Commission about the Romanian authorities' plans to adopt additional short-term measures to step up energy support to final consumers."We had a new round of ministerial debates on the EU energy price […]