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.
Elena Oancea is the Co-CEO of Goldbach Group, a Romanian holding comprising 8 companies operating in sectors such as the development of retail parks, property management, civil and industrial construction, real estate development, architecture and urban planning, interior design, renewable energy, consultancy for projects financed by European funds. Driven by a clear vision of strategic innovation […]
Cosmin Florin Dumitrache, a shepherd from Romania’s Prahova County, notified the Prahova County Museum of History and Archaeology after he discovered a skull in the Vârful Scoruș area, at Urlați. The bones turned out to be 5,000 years old years old. A team of specialists from the museum carried out an archaeological intervention to salvage […]
Crin Antonescu, the candidate backed by the ruling coalition in Romania, raised RON 20 million (EUR 4 million) for the ongoing presidential campaign, according to data published by the Permanent Electoral Authority on Friday, April 11. Of the RON 20 million, the Social Democratic Party raised RON 15 million for Antonescu’s campaign, followed by UDMR, […]
Frequenza Festival will bring a mix of classical and contemporary chamber music to Bucharest next month. Hosted at the Auditorium Hall of the National Museum of Art of Romania between May 22 and 25, the festival will feature four evening concerts performed by a lineup of international musicians. The festival’s artistic directors are the renowned […]
Romania is set to be part of an Important Project of Common European Interest (IPCEI) on nuclear energy announced this week by Stéphane Séjourné, Vice-President of the European Commission responsible for industrial strategy. The project developed by France with Romania and Italy includes small modular reactors, advanced reactors, uranium management, supply, research on nuclear fusion, […]
Victoriabank, a subsidiary of Romania’s Banca Transilvania Group, has signed an agreement to acquire Microinvest, the leading non-bank microfinance institution in the Republic of Moldova. The deal, announced Thursday in Chișinău, marks the group’s latest expansion into the Moldovan market, following Victoriabank’s recent merger with BCR Chișinău. The transaction is subject to approval by regulatory […]
