Over 965,000 non-resident tourists stayed in Romania in the first half of this year, and their total spending amounted to 3 billion lei, according to data the National Institute of Statistics (INS) published on last Thursday.On average, a non-resident tourist spent 3,100 lei in Romania in the first half of this year.Business trips were the main reason for 55.7% of non-resident tourists who arrived in Romania between January and June, accounting for 58.6% of the total expenditure.More than 44% of non-resident tourists arrived in Romania for private purposes, accounting for 41.4% of total expenditure.In the second quarter, the total number of non-resident tourists accommodated in collective tourist accommodation structures was 586,300 and their expenditures amounted to 1.85 billion lei (on average 3156.9 lei/person).Of the non-resident tourists who arrived in Romania in the second quarter of 2024, 53.6% traveled for business purposes, their expenditures accounting for 57.2% of the total expenditures. Of the total business spending in the second quarter, the main share was spent on accommodation (52%), followed by expenditure in restaurants and bars (16.9%) and shopping (14%).Private tourists accounted for 46.4% of the total, their expenditure representing 42.8% of total expenditure. Spending on accommodation accounted for 43.6% of total spending, followed by spending on shopping (15.3%) and spending in restaurants and bars (15.1%).
President Nicusor Dan signed on Thursday the decree appointing Prime Minister Ilie Bolojan as interim Vice Prime Minister on the areas coordinated by Dragos Anastasiu, the Presidential Administration informed.On 27 July, Dragos Anastasiu announced he was stepping down from the vice prime minister office, mentioning that he could no longer accept "being denigrated and thus […]
Prime Minister Ilie Bolojan continued consultations on Thursday with representatives of the Association of Communes of Romania, telling them there is a strong chance to overcome the current difficult period if the approach of "responsibility toward public funds" is maintained."The reform of local public administration will be part of the second package of government measures […]
Financing the National Recovery and Resilience Plan (PNRR) projects will continue for those already initiated and will stop only in case investment has not begun, where not a single euro was spent for construction, Development minister Cseke Attila explained on Thursday. “PNRR will not stop, neither will financing investments which have already been initiated, […]
The Justice Ministry announced on Thursday having developed in cooperation with the Finance Ministry and the National Tax Administration Agency a set of proposals to amend the Insolvency Law, which will be included in the second reform package.Some of the amendments provide for a higher recovery rate of the taxes and fees owed by insolvent […]
Romania is in the antechamber of recession, with the risk that its economy will decline in the third or fourth quarter, especially amid an increase in taxes, a significant drop in sales and record inflation at European level, says business consultant Adrian Negrescu."We are currently in the antechamber of recession. It is a moment […]
The Ministry of Culture announced on Thursday that is set to adapt national legislation for enforcing the European Media Freedom Act (EMFA), which supports media pluralism, editorial responsibility, protects journalists from abusive surveillance and intimidation, and provides protection for sources.According to a Culture Ministry release, the implementation in Romania of Regulation (EU) 2024/1083 of the […]
