More And More Romanian Women Have A Baby After Age Of 35   The number of Romanian women who decide to have their first baby after the age of 35 has doubled over the last 25 years.

This trend is a characteristic of the modern world driven by the following motto: “First, I focus on my professional career, then, I buy a house and after that I have a baby.“

Every one thousand women in Romania who have their first baby, 28 of them are aged 35 to 39, while five of them are aged 40 to 45. By comparison, in 1990, 14.6 of 1,000 first-born babies were born by women aged 35 to 39. (Romania Libera)

Heavy Rain Expected In Most Romanian Regions In Next Two Weeks 

Heavy rain is expected in almost all regions across Romania in the next two weeks, with temperatures expected to reach even 21 degrees Celsius during the day.

In the region of Banat, the weather will get warmer, with maximum temperatures reaching 21 degrees Celsius and minimum temperatures will rise from an average of 4 degrees up to 8 — 9 degrees around March 23.

In the region of Crisana, the weather will also get warmer and the average of maximum temperatures will reach 20 degrees Celsius. In central region of Transylvania, temperatures during the day will rise significantly by 9 to ten degrees, until March 22, but their average will stay around 18 degrees.

In the region of Moldavia, the average of maximum temperatures will reach 10 degrees and in the region of Dobrogea, both maximum and minimum temperatures will be on the rise. (Adevarul)

KeysFin: Companies’ Late Payments To Suppliers Stayed At Over RON50B In 2016

Despite fiscal relaxation measures and an economic growth based mainly on consumption, the late payments to suppliers registered by companies in Romania reached around RON50 billion in 2016, similar to the level recorded a year before, according to preliminary data provided by KeysFin.

KeysFin statistics show that late payments to suppliers reached RON56.5 billion in 2015. “Preliminary data show that in 2016, late payments reached the level registered in the previous year, which indicates a business behaviour, not a conjuncture,” according to KeysFin analysts.

The analysis shows a total 76,893 companies, approximately 12% of the total number of firms in Romania, reported late payments to suppliers in 2015, which account for 33% of the overall turnover in the Romanian economy.

Of the overall amount of late payments, nearly half was registered by Romanian-held companies (RON25.6 billion), followed by foreign-held companies (RON11.95 billion), mixed capita firms (RON7.95 billion) and state-run companies (RON7.33 billion). (Adevarul)

Eurostat: Romania Ranks First In The EU By Poverty Rate   Romania ranks first in the European Union regarding the poverty rate, according to Eurostat, the statistical office of the European Union.

Also, a press statement of the Institute for Social and Social and Administrative Policies and of the Association of Social Assistants in Romania, shows a total 535 communes in Romania see poverty rates above average and severe.

The statement also says there are 292 employed social workers and the number accounts for 20% of the necessary staff. (Evenimentul Zilei)

PM Grindeanu Speaks About Latest IMF Forecasts   Romanian Prime Minister Sorin Grindeanu talked with representatives of the Internatinal Monetary Fund (IMF) and gave assurance that the measures taken by his Cabinet had been thoroughly analysed before their implementation.   Grindeanu also said each and every measure was subject to an in-depth analysis as to its impact on the economy.

Romania has consolidated its economy over the last years, after the crisis, but tax cuts and wage raises exceeding productivity, and the decrease in public investments are a threat to these achievements, the International Monetary Fund (IMF) mission chief for Romania, Reza Baqir, said last Friday. According to Baqir, if all measures announced before the parliamentary elections held in December 2016 were implemented, the additional cost, during the 2017-2020 period, would reach 5.5% of GDP.  

Baqir also said Romania’s budget deficit is expected to reach 3.7% of the gross domestic product in 2017, and 3.9% of GDP in 2018. (Adevarul)

Subiecte #press review