Three out of ten Romanians have credit cards, Finzoom concluded, based on a survey conducted online in Romania. In fact, due to the sample that apparently includes only part of those visiting Finzoom.ro website, the conclusion should be taken with a grain of salt since it is not relevant for the entire population of the country. A total of 30% of those who answered the Finzoom survey already have a credit card, 70% have at least one debit card, while 24% of respondents say they do not have a card. The ratio between credit card and debit cardholders (3:7) is more statistically relevant. It seems to be rather high, even if the sample of respondents is expected to feature a high degree of financial sophistication (since they visited Finzoom.ro). Asked what was the main motivation for contracting a credit card, most mentioned the need to have access to a reserve amount (32%). In the second place is the intention to make important purchases (such as appliances) with delayed payment. Regarding the characteristics of the credit card that Romanians consider the most important, the interest rate is only in 3rd place (18% of the respondents), the fees and commissions in 2nd place (22% of the respondents), and in the first place, it is the system of Interest-free instalments - nominated by 25% of respondents.
Ireland can be seen as one of the most important business hubs in Europe and the European Union, as many international companies have established regional headquarters there. If you are looking for a country to expand your enterprise, you should definitely consider Ireland for several reasons that are presented below. Location and language The first […]
Cyprus is mostly known as a tourist destination. However, there is also a business side to it, as many investors choose it to open companies because of the favorable taxation system. Apart from its low corporate tax rate, there are a few more reasons why you should choose it if you are looking for a […]
The Romanian Commercial Code provides for various types of entities that can be created by natural persons and companies, local or foreign. Each of them has its own particularities, which can give it various advantages. How do you choose among them? We will review the main types of companies and their pros to help you […]
A new alley named after Romanian diplomat Nicolae Titulescu was inaugurated on Tuesday, December 9, in Paris’s Parc Monceau during a ceremony attended by Romania’s president Nicușor Dan and Paris mayor Anne Hidalgo. “I expressed my appreciation for the decision to name an alley in the beautiful Parc Monceau in Paris after the great Romanian […]
Oxygen Resort, a development located in central Romania’s Harghita county, has inaugurated its first bungalows. The first 18 bungalows are already functional, with another 17 units to be completed in the next stage, bringing the total to 35. The inauguration of the bungalows “marks the transition from a center dedicated predominantly to recreational activities to […]
Romania carried out a new medical evacuation mission for civilians from Gaza on Monday, December 8, transporting eight Palestinian patients and 29 accompanying relatives to Bucharest for treatment, according to the Department for Emergency Situations (DSU). The patients were evacuated aboard a Romanian Air Force C-130 Hercules aircraft after lacking access to adequate medical care. […]
