The World Bank estimates Romania’s economy decelerated to a 1.8% growth in 2023 from 4.7% in 2022, a significant 0.8 percentage points (pp) revision from its past projection dating from last June – according to the January issue of the Global Economic Prospects.
Local analysts who issue projections with a higher frequency improved their estimates for 2023 (still, not far from WB’s figure) recently, after gloomier sentiment during the autumn. In December, ING marginally rose its full-year...
Cultural center Apollo111, located in downtown Bucharest’s Universul Palace, has announced the program of arthouse films Apollo111 Cinema. The performance venue of Apollo 111 has been refurbished and endowed for professional film screenings. It will run a weekly program of contemporary and classic auteur films, meetings with filmmakers, and an experimental area, meant to “explore […]
Chinese consumer electronics manufacturer Xiaomi announced the official opening of its first own store in Romania, in Bucharest, inside the ParkLake shopping center, on the ground floor, on November 22. The new store will have a surface area of 150 square meters and will bring to the public the latest smartphones, accessories, and smart devices […]
Two Romanians were injured in an armed incident in Taksim Square in Istanbul on Sunday, November 9. The two were part of a group participating in a cultural event, according to foreign minister Oana Ţoiu. “Last night, in Taksim Square in Istanbul, an armed attack with a pistol also injured two Romanian citizens visiting Turkey. The […]
The 15th edition of Black Friday, organized by retailer eMAG on November 7 this year, generated orders worth over RON 986 million (EUR 193.9 million), 10% more than last year. On a single day, over 702,000 customers ordered 3.5 million products from all categories. Customers bought over 8,500 tickets to festivals and experiences, almost 6.2 […]
The Romanian Film Festival in Washington, D.C will line up for this year’s edition six feature films and documentaries, each accompanied by introductions, post-screening discussions, and Q&A sessions. The event, organized by the Embassy of Romania to the United States and the Romanian Cultural Institute in New York, will take place from November 13 to […]
A total of 58% of the Romanian respondents to a recent Eurobarometer survey believe the war in Ukraine is one of the main challenges the EU is facing. This is higher than the EU average of 47% of respondents who share this belief. The cost of living worries 31% of the Romanian respondents, which is […]
