Central Bank Official: Romania Has Highest Income Inequality Among Workers, In The EU

Central Bank Official: Romania Has Highest Income Inequality Among Workers, In The EU

09.19.2017

Romania has the highest income inequality between the minimum and maximum income earned by employed people, among European Union member states, said Romania's central bank chief economist Valentin Lazea, adding this gap is high „in flat tax countries”.

JLL: Industrial, Logistics, Offices Were Main Drivers in Real Estate Development in Jan-Sept JLL: Industrial, Logistics, Offices Were Main Drivers in Real Estate Development in Jan-Sept

The industrial, logistics and office sectors in Bucharest were the drivers of the real estate development market in the first nine

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Banca Transilvania Close To Signing Deal For Bancpost Banca Transilvania Close To Signing Deal For Bancpost

The talks between Banca Transilvania and Greek-held Eurobank group, Bancpost owner, are close to completion, with the parties now going

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NEXT-E, EU Sign Funding Agreement For Electric Vehicle Charging Stations In CEE, Including Romania NEXT-E, EU Sign Funding Agreement For Electric Vehicle Charging Stations In CEE, Including Romania

The NEXT-E consortium, which includes E.ON Romania, will receive EUR18.84 million under the Connecting Europe Facility (CEF) to build

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Eight Of World’s Largest Cosmetics Manufacturers Have A Direct Presence In Romania Eight Of World’s Largest Cosmetics Manufacturers Have A Direct Presence In Romania

Eight of the largest cosmetics manufacturers in the world have a direct presence with wholesale and import operations in Romania. The

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Romania Risks Failing Euro-Adoption Criteria, Says Central Bank Official Romania Risks Failing Euro-Adoption Criteria, Says Central Bank Official

Romania risks missing certain targets next year that count for the country's euro-adoption ambitions, such as its budget deficit,

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KFC Invests Over EUR1M In Expanding Its Restaurant Chain In Romania KFC Invests Over EUR1M In Expanding Its Restaurant Chain In Romania

Fast-food restaurant chain KFC continues its expansion plans across Romania and is opening its first unit in Bucharest’s Old Town and

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Ten Retail Chains In Romania Have At Least Doubled Sales In 2012-2016 Ten Retail Chains In Romania Have At Least Doubled Sales In 2012-2016

Danish furniture retailer JYSK, sporting goods stores Decathlon and grocery retailer Profi are the retail companies with the highest

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Ambulanta BGS Medical Unit Expects RON40M Revenue In 2017 Ambulanta BGS Medical Unit Expects RON40M Revenue In 2017

Ambulanta BGS Medical Unit, the largest private ambulance service provider in Romania, expects to end this year with about 40 million

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Anchor Grup Invests Nearly EUR10M In Pallady Towers Residential Project Anchor Grup Invests Nearly EUR10M In Pallady Towers Residential Project

Anchor Grup, the company which developed the first shopping mall in Romania, Bucuresti Mall, invests EUR9.5 million in 200-apartment

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ZF Digital ’17: Software Industry Warns Tax Changes Could Trigger Brain Drain ZF Digital ’17: Software Industry Warns Tax Changes Could Trigger Brain Drain

The local software and IT services industry has grown from several hundred million dollars more than a decade ago to more than EUR4

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Analysis

Asking Prices for Housing Decline in Bucharest, Grow in Other Cities in 3Q Asking Prices for Housing Decline in Bucharest, Grow in Other Cities in 3Q

Asking prices of home for sale in Bucharest declined but grew in other cities across the country by an average 3.5% in the third quarter compared with the second quarter, according to a report released Tuesday by real estate website Imobiliare.ro.