Half of the Romanians believe that their financial situation this year has worsened compared to last year, and 43% estimate that they will do worse in the next period, according to a survey conducted by CEC Bank in partnership with the bank comparator FinZoom.ro.As for the next period, 42.3% believe they will make it worse in the future and only 28.3% expect their financial situation to improve, and 29.3% do not expect changes to occur.Asked if they exchanged money at the beginning of March, in order to have currency in cash in the house, 20% of the respondents say that they did so, given that the Romanian market faced an increase in the demand for foreign currency cash in the first days after the outbreak of the armed conflict in Ukraine.The main concern for the next period is the increase in energy prices for 24.7% of respondents, three times more than those who are concerned that they may lose their jobs.In the top of the concerns, in addition to energy prices (24.7%) there is also the risk of extending the conflict in Ukraine (19.8%) but also risks to health in the context of the COVID-19 pandemic (16.3%). The increase in inflation and the impact on incomes and savings worries 13.2% of respondents, and a potential shortage of food - 12.5% of them.The survey on the financial situation of Romanians was conducted by the bank comparator FinZoom.ro, at the request of CEC Bank, in March, on a sample of almost 1,400 respondents from all counties, representative for Internet users. 60.3% of the respondents are salaried, 44.2% declared incomes between 2,500 RON and 5,000 RON, and almost half - 46.9% - under 2,500 RON monthly, 38.1% of those surveyed are aged between 25 and 40 years, 36% have higher education and less than 13% postgraduate studies.
Romanian prime minister Ilie Bolojan stated during an interview on Wednesday, December 17, that there should be no statute of limitations in cases of serious corruption. The statement comes after a Recorder investigation, which showed that several heads of the major institutions in the Romanian justice system allegedly delayed trials for years until wrongdoings were […]
President Nicușor Dan has challenged, before the Constitutional Court (CCR), the constitutionality of the law that requires that at least 40% of the athletes who play on a team in official national competitions be Romanian. Dan noted that the law violates the principle of non-discrimination and the free movement of workers, enshrined both in the […]
Craiova International Airport will open its new passenger terminal on Thursday, December 18, completing a major infrastructure investment aimed at significantly expanding capacity and improving air connectivity in southwestern Romania. It is part of a broader expansion and modernization project financed through the Large Infrastructure Operational Programme (POIM) 2014–2020, with a total value exceeding EUR […]
Romania is set to be connected to the Western European energy network thanks to grid investments worth EUR 30 billion. The funds will be provided by the EU by 2035, and the project will link Romania to Hungary and Austria in a joint project. Romanian energy minister Bogdan Ivan signaled the signing of the new […]
Franck Bagouet has been appointed managing director of TotalEnergies Marketing Romania SA and managing director of Automotive Southeast Europe Hub TotalEnergies Marketing. He succeeds Didier Grimault, who has accepted a new position within the TotalEnergies company. “I am glad to join this dynamic affiliate and confident that, together with our talented team, we will reinforce […]
Databricks, the data analytics and artificial intelligence company co-founded by Romanian professors Ion Stoica and Matei Zaharia, announced on Tuesday, December 16, that it is raising USD 4 billion in funding at a valuation of USD 134 billion, according to CNBC. The new valuation represents a 34% increase compared to the August round, when Databricks […]
