Greece as a touristic destination, either the islands or the resorts on the continent, was during the summer season of this year at the top of the Romanian tourists preferences, the agents having in many cases all places sold out before the beginning of the summer.The sales of package holidays for Greece started at the beginning of the year, so that in May there was no offer left, stated Madalina Balaiban, the owner of Hello Holidays.There were also tourists fond of all-inclusive holidays in Turkey who this year preferred Greece but who would have liked to find the same kind of services, all –included.There were also agencies who mentioned lower sales for the package holidays in Greece, an explanation being that of price increase."We have been tour operators on Bulgaria for years, but this year Bulgaria fell because they had very high prices, Greece too, we sold very thin," said Luminita Matei, general manager at Ecovoyage. Greece's tourism revenue hit a record in the first seven months of 2023, according to official data, while there is solid demand for travel in the autumn period, including November. The data supports estimates that there will be around 35 million foreign visitors this year as a whole and tourism revenues will exceed €20 billion, surpassing the previous record level of €18.17 billion set in 2019. According to a study, the Central Bank of Greece estimates for this year income from tourism of 21 billion euro, an advance of 15.6% against 2019 when the income was 18.17 billion euro and 19.1% as compared to 2022 when the income was 17.63 billion euro.
Two new investment funds active in Romania, Sparking Capital II and PCP SEE II, will receive allocations worth EUR 30 million under the National Recovery and Resilience Plan, or PNRR, after an approval from the Romanian executive and the European Investment Bank. The allocations are mediated by the European Investment Fund, a European financial institution, […]
The net revenues collected by Romania’s tax agency ANAF for the state budget increased by 12.2% in the first six months of 2025 compared to the same period last year, reaching RON 245.2 billion (EUR 49 billion), said outgoing ANAF president Nicoleta-Mioara Cîrciumaru. Nevertheless, the net revenues collected by ANAF are RON 3.8 billion (EUR […]
Romanians continue to place the most trust in the Army and the Church, while Parliament remains the least trusted institution, according to the second edition of the Informat.ro – INSCOP Research Barometer conducted between June 20–26. The monthly survey was commissioned by the news platform Informat.ro in partnership with the Strategic Thinking Group think tank. […]
Romania’s National Meteorological Administration, or ANM, issued on Thursday, July 3, an Orange Code warning for heatwave and heightened thermal discomfort, valid Friday and Saturday, July 4-5, in more than half the country, including Bucharest. The parts of Romania not covered by the Orange Code warning are under a Yellow Code for extremely hot weather. […]
Best Credit IFN announces the strategic partnership with the European crowdfunding platform Bondster, becoming the first Romanian non-banking financial institution (NBFI) to attract international capital through this platform. This initial round of financing marks a milestone in the company’s strategy to diversify its capital sources and rapidly scale its lending capacity in a dynamic market […]
Another 93 searches were carried out at public institutions and private residences on Thursday, July 3, in the case of illegally-obtained Romanian identity documents for citizens of former USSR countries. Earlier this week, Romanian police completed 206 searches in the same case. Prosecutors claim that between 2023–2024, over 1,700 individuals born in the Russian Federation, […]
