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EBRD Lowers Romania's Economic Growth Projection to 4.2% in 2018
Macroeconomics

EBRD Lowers Romania's Economic Growth Projection to 4.2% in 2018

The European Bank for Reconstruction and Development (EBRD) has lowered its economic growth projection for Romania to 4.2% in 2018, from 4.6% projected in its previous forecast in May.

Oana Gavrila · 01.11.2018 · 18:19 · 1 min
Housing Price Growth Slows Further in 3Q
Real Estate

Housing Price Growth Slows Further in 3Q

The growth rate of housing prices in Romania has slowed further in the third quarter of 2018, with fewer transactions recorded countrywide, according to a housing market report by Imobiliare...

Oana Gavrila · 01.11.2018 · 16:49 · 1 min
Survey: One In Two Romanians Shops Online At Least Once A Week
Retail&Consumer

Survey: One In Two Romanians Shops Online At Least Once A Week

One in two Romanians shops online at least once a month and men are a little more active than women, as per “Digital ®Evolution: Connected Consumer Monitor” survey conducted by Exact Busines...

Ecaterina Craciun · 01.11.2018 · 14:29 · 1 min
Analysis

Press Review - November 1, 2018

Ruling Party Leader Lashes Out At Journalists Following Question On Home Arrest Bill   The chairman of Romania’s ruling Social Democrat Party, Liviu Dragnea, threw a temper tantrum on Wednes...

Ecaterina Craciun · 01.11.2018 · 09:28 · 4 min
Analysis

Press Review - October 31, 2018

Dragnea: State Budget Bill Almost Ready Liviu Dragnea, the president of the Lower Chamber and the head of the ruling Social Democratic Party, on Tuesday said the state budget bill is close t...

Ecaterina Craciun · 31.10.2018 · 09:16 · 3 min
Software Industry Hired Most People Of Entire IT&C Sector In 2018
Technology &Telecoms

Software Industry Hired Most People Of Entire IT&C Sector In 2018

Software companies have become the main magnet for people on the local IT&C market, as the 400 largest actors in the industry hired more than 7,500 people last year, while the telecom operat...

Loredana Frățilă-Cristescu · 30.10.2018 · 10:03 · 2 min
Analysis

Press Review - October 30, 2018

Dancila Cabinet Close To Being Shuffled Dancila Cabinet is on the verge of being shuffled and the propositions of Prime Minister Viorica Dancila will be discussed within the Executive Commit...

Ecaterina Craciun · 30.10.2018 · 09:23 · 3 min
Analysis

Press Review - October 29, 2018

Romania To Raise Minimum Wage on Jan 1 at the Latest The minimum wage in Romania will be raised as of January 1, 2019 at the latest, said finance minister Eugen Teodorovici. “We are looking...

Oana Gavrila · 29.10.2018 · 09:03 · 3 min
Study: Romanian Public Pensions System Set To Suffer A “Shock” In 2027-2031
Social/Politics

Study: Romanian Public Pensions System Set To Suffer A “Shock” In 2027-2031

Romania’s public pensions system will face serious difficulties between 2027 and 2031 due to population decline, with the problem to worsen by 2050, according to a study presented on Friday...

Oana Gavrila · 26.10.2018 · 14:36 · 1 min