More than half of Romanians consider that saving is very important, compared to 44 percent in 2020 and 36 percent in 2019, but at the same time 71 percent of the respondents do not have a saving routine and only randomly put money aside, reveals the annual survey conducted by Erste Group in Central and Eastern European countries.Banca Comerciala Romana marked World Savings Day (October 31) by revealing the results of the "Money Matters" survey conducted by Erste Group in the CEE region. The numbers show that the Romanians are making progress as regards financial education, but still lack the discipline of regularly putting money aside.According to the survey, 51 percent of Romanians consider that saving is very important, compared to 44 percent in 2020 and 36 percent in 2019, but at the same time 71 percent of the respondents do not have a saving routine and only randomly put money aside, after they settle their current expenses. In most countries in the region, 1 in 2 of the surveyed reported saving a fixed amount every month, which points to a better organization of expenditures and the prioritization of savings.Romanians save on average 309 lei per month, the equivalent of 58 euros, for an average net wage of 3,541 lei. The average monthly amount saved across the region is 120 euros, by 31.86 percent more compared to 2017, when it was just 91 euros. The Romanians' monthly saving amount has increased constantly, reaching 309 lei - by 8.5 percent more from 286 lei in 2020, and 14.8 percent higher than 269 lei in 2019.Erste Group member Banca Comerciala Romana is one of Romania's most important financial groups, including universal banking operations (retail, corporate & investment banking, treasury and capital markets), as well as dedicated companies in the leasing, private pensions and housing banks market.BCR offers a complete range of financial products and services, through a network of 18 business centers and 16 mobile offices dedicated to companies and 370 retail units located in most cities with over 10,000 inhabitants.
By Ambassador Extraordinary and Plenipotentiary Permanent Representative to the Council of Europe, Dr. Ion I. Jinga Strasbourg, January 2025 Motto: “Precedents in history can furnish no other light than that of beacons, which give warning on the course to be shunned, without pointing out that which ought to be pursued.” Alexander Hamilton, Founding […]
A technical evaluation mission of the Secretariat of the Corporate Governance Committee of the Organisation for Economic Co-operation and Development (OECD) took place on January 20-23 at the General Secretariat of the Government (SGG).According to SGG, the major objective of the mission was to analyse and evaluate the implementation by Romania, as a candidate state, […]
The state budget deficit forecast for 2025 has increased to the average value of expectations of 7.3% of GDP and economic growth expectations are at the average value of 1.3%, according to the estimates of analysts from the CFA Romania Association.Public debt calculated as a percentage of GDP is expected to increase to 57% in […]
New orders in the manufacturing industry increased by 2.7%, in nominal terms, overall (domestic and foreign markets), between January 1 and November 30, 2024, compared to the same period in 2023, according to data published on Thursday by the National Institute of Statistics (INS).In the same period, the evolution of new orders in the manufacturing […]
The Élysée Treaty is the foundation of the close Franco-German friendship and the symbol of reconciliation between Germany and France after World War II, said the German ambassador in Bucharest, Peer Gebauer.The message is sent by the German diplomatic mission in the context in which Germany and France celebrate 62 years since the signing of […]
The presidential candidate of the PSD-PNL-UDMR coalition (Social Democratic Party, National Liberal Party, Democratic Union of Hungarians of Romania), Crin Antonescu, on Tuesday stated that president Klaus Iohannis should have terminated his mandate as soon as the new Parliament was configured, in the context in which "he doesn't at least communicate with the people.""For the […]
