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.
The third edition of Taifas Balkan Film and Culture Festival, set to take place in Timișoara between October 13 and October 19, will include a retrospective dedicated to Romanian director Radu Jude. The public will be able to see the director's short films, in addition to a preview of his latest production, Dracula, presented at […]
Sursa International Light Art Festival, an event featuring immersive installations, projections, and light structures, will take place at the National Library of Romania from October 13 to October 19. The event brings together international and Romanian artists “in a visual dialogue about technology, architecture and sensitivity,” the organizers announced. “We wanted to build the opportunity […]
Romania’s Defense Ministry has signed a contract worth RON 50.4 million with Rheinnmetall Automecanica, a subsidiary of the German defense industry giant Rheinmetall, for the delivery of drone detection systems, Economedia.ro reported. The radar system will be delivered within 18 months at most and will reportedly be...
The former Steaua Roșie cinema in Cluj-Napoca will reopen as Edison-House of Music, a cultural hub dedicated to music and community, the organizers of the Jazz in the Park festival announced. Built in the early 1900s, the Edison building became, after World War II, the Steaua Roșie cinema. After 1989, the venue underwent several changes […]
Unprecedented amounts of precipitation have been recorded in Romania as cyclone Barbara hit the country on October 5-8, according to the authorities. At the same time, Bucharest exceeded the absolute maximum levels of rain for October. “Between October 5–8, 2025, Romania was affected by the Mediterranean cyclone Barbara, which formed over the Ionian Sea and […]
Romania is one of six European countries recently selected to develop a new artificial intelligence and supercomputing center under the EuroHPC – AI Factories program. The project, known as the AI Factory, will be Romania’s first national AI infrastructure, marking a major step toward strengthening its digital and research capabilities. The initiative will be led […]
