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.
Daniel Christian Hulea, a Romanian man accused of contributing to the NetWalker ransomware attacks, has been sentenced to 20 years in prison after pleading guilty to conspiracy to commit computer fraud and wire fraud, according to a public announcement from the US Department of Justice. NetWalker was a Ransomware-as-a-Service operation launched in 2019, which recruited […]
The new Romanian government, headed by the same Social Democratic prime minister, Marcel Ciolacu, recently made its governance program public. Among its objectives are reducing the level of bureaucracy, maintaining the flat tax rate, and reducing the budget deficit to 7% in 2025. To reach its goals, the government reduced the number of ministries to […]
The European Commission (EC) announced on Monday, December 23, that it disbursed payments under the Recovery and Resilience Facility (RRF) to Czechia, Germany, Italy, Portugal, and Romania, totaling EUR 26.8 billion in loans and grants. Under this latest disbursement, Romania received EUR 37.05 million as part of its second payment request. By comparison, according to the...
Romanian film trilogy Moromeții, directed by Stere Gulea, will be presented at the 54th edition of the Rotterdam International Film Festival, taking place from January 30 to February 9, 2025. This renowned European event, which annually presents hundreds of films across more than 20 sections, will feature the three films - Moromeții (1987), Moromeții 2 […]
Romania issued state aid worth EUR 1.3 billion during 2019-2023, with 62% of the projects being granted to foreign companies, according to an analysis conducted by EY Romania. The sectors that benefited the most from aid were the automotive industry, technology, manufacturing (light industry), medical industry, and the food and beverage industry. According to the […]
The Abracadabra – Secrets of Magic interactive exhibition will transform Arcub – Hanul Gabroveni in Bucharest into a magical universe starting December 27, 2024. Running until May 4, 2025, the event offers visitors the opportunity to explore a labyrinth of magic, featuring over 20 interactive attractions and more than 500 live performances by MAGITOT and […]
