Social/Politics
Romania’s EU Fund Absorption Rate Seen At 80% For 2007-2013
Romania’s EU fund absorption rate for financial framework 2007-2013 will be at 80%, while in the first year of implementation for 2014-2020 framework, the absorption rate is estimated at 10%...
Retail Sales Continue To Grow - INS Data
Romania’s retail sector posted a good result in November as well, after a slight increase in the previous month, supported by higher sales in all sectors, official data showed Thursday.
BNR Cuts Again Key Rate By 25 Bps, To A Record Low Of 2.5%
Romania’s central bank Wednesday cut its main monetary policy rate by 25 basis points, to a record low 2.5%, in line with market expectations.
PM: Romania Won’t Raise Security Level Following Paris Attacks
Romanian Prime Minister Victor Ponta had talks with President Klaus Iohannis and the head of Romanian Intelligence Service (SRI), George Maior, following the terrorist attacks in Paris, agre...
Voluntary Pension Funds Average Yield At 7.4% In 2014, Assets Top RON1B
Voluntary private pension funds (Pillar III) had an average yield of 7.45% last year, from 11.33% in 2013, and total net assets of RON1.04 billion (EUR232 million) in December 2014, 28% high...
Nearly 2,500 Romanian Physicians Filed For Papers To Work Abroad In 2014
Nearly 2,500 Romanian physicians asked the College of Physicians for professional certificates necessary for working abroad last year, most of them family physicians, according to the data o...
Tourist Arrivals In Romania Up 5.4% On Year In November
Arrivals at Romanian tourism accommodation establishments rose 5.4% in November from the year-earlier month, but overnight staying decreased 1.6% on the year, data from the statistics instit...
INS: Romania Unemployment Rate Down To 6.5% In November
Romania's unemployment rate was down to 6.5% in November, from 6.7% in the previous month seasonally adjusted data from the statistics institute INS showed Friday.
Engineers Back In Highest Demand On Labor Market
Romania had an abundant supply of engineers back in the nineties and few of them found work in their chosen specialty, so many chose to pursue a career in banking, sales or as creative peopl...