Fitch Ratings: Romania Election Does Not Allay Medium-Term Fiscal Uncertainty
![Fitch Ratings: Romania Election Does Not Allay Medium-Term Fiscal Uncertainty](https://storage0.dms.mpinteractiv.ro/media/401/1561/19786/19777779/1/5-fitch-ratings.jpg?width=175)
12.11.2020
Romania’s general election result points to continued political uncertainty and hence a still-challenging policy-making environment and the need to pass a 2021 budget will be a near-term test of the next administration’s cohesion and an indication of likely fiscal policy settings, Fitch Ratings said
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Genesis Property: Nearly 80% Of Gen Z Employees Spend Their Free Time With Their Co-workers At Least Once A Month
05.30.2024
Eight out of ten Gen Z employees spend their free time with their teammates, with social relationships in the office being a key factor for many of... more
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Deloitte: Romanian Millennials and GenZs Still Concerned By Cost Of Living
05.30.2024
The cost of living remains the top concern for young Romanians (43% of Millennials and 29% of Gen Zs), but the share is slightly lower compared to... more
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Romania Registers Highest Proportion of Early Leavers from Education or Training among EU Countries
05.29.2024
Romania has the highest proportion of early leavers from education or training among EU countries, of 16.6%, against a European average of 9.5%,... more
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Romania, 15th Largest Market For Italian Agri-food Products
05.23.2024
Romania has become the 15th largest market for Italian agri-food products worldwide, being outranked only by Poland and Greece, in Central and... more
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Mandatory Private Pension Funds In Romania Register 7.8% Average Yield Per Annum in Past 16 Years
05.13.2024
Mandatory private pension funds (Pillar II) have in the past 16 years, since their launch in 2008, registered an average yield of 7.8% per annum,... more
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Romania Pillar III Pension Funds Overshoot RON5B Net Asset Mark In March 2024
05.08.2024
Voluntary private pension funds in Romania (Pillar III) exceeded the threshold of EUR5 billion in net assets managed in March 2024, up 3.1%... more
![EBRD Grants EUR50M Financing To Support Small Businesses In Romania](https://storage0.dms.mpinteractiv.ro/media/401/1561/19567/21217165/1/euro.jpg?width=198)
The European Bank for Reconstruction and Development (EBRD) is lending EUR50 million to UniCredit Leasing Corporation to support micro,
more![A Third Of Romanians Expect Home Prices To Plunge Until Spring 2023](https://storage0.dms.mpinteractiv.ro/media/401/1561/19651/21214168/1/6bloc-87477219-l.jpg?width=198)
39% of respondents in Romania anticipate a significant drop in housing prices over the next six months, 27% expect a slight decrease,
more![OMV Petrom and CE Oltenia Set to Build Four Photovoltaic Parks in EUR400M Investment](https://storage0.dms.mpinteractiv.ro/media/401/1561/19652/21209983/1/3panouri-solare2-ss.jpg?width=198)
OMV Petrom, the largest integrated energy company in Southeast Europe, will build, in partnership with Complexul Energetic Oltenia (CE
more![European Commission Warns Romania About Lack Of Long-Term Strategy On Energy And Climate](https://storage0.dms.mpinteractiv.ro/media/401/1561/19652/21205199/1/1.jpg?width=198)
The European Commission (EC) sent letters of formal notice to Bulgaria, Ireland, Poland, and Romania for failing to notify their
more![Bucharest, Cluj and Timis Employ 70% Of Romanian IT Professionals](https://storage0.dms.mpinteractiv.ro/media/401/1561/19668/21214087/1/htec-group-002.jpg?width=198)
Romania has almost 142.000 employees in the local IT sector, of whom some 98,000 work in Bucharest, Cluj and Timis, according to Ziarul
more![World Bank Says Fiscal Deficits Will Remain Elevated In Romania](https://storage0.dms.mpinteractiv.ro/media/401/1561/19567/21216964/1/world-bank-web.jpg?width=198)
Fiscal deficits will remain elevated in Romania in the medium term: 4.7% of GDP (cash basis) in 2024, compared to the 2.9% target set
more![Deloitte: Banks’ Profitability To Decrease Over The Next Year](https://storage0.dms.mpinteractiv.ro/media/401/1561/19567/21228622/1/grafic-calculator-publimedia-shutterstock.jpg?width=198)
Banks’s profitability will remain subdued over the next year, because of an unprecedented mix of factors including Russia’s
more![Transelectrica Gets EUR424M For Development Of National Energy Infrastructure](https://storage0.dms.mpinteractiv.ro/media/401/1561/19652/21230159/1/electricitate-retea-victor-ciupuliga.jpg?width=198)
Romania’s Energy Ministry on Monday (Oct 10) signed the first nine contracts funded through the Modernization Fund, in the amount of
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Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting Savings![Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting Savings](https://storage0.dms.mpinteractiv.ro/media/401/1561/19566/21220500/1/pusculita-bani-publimedia-shutterstock.jpg?width=198)
Romania could increase its gross domestic product (GDP) by 10% until 2050, generating an additional contribution of EUR575 billion by boosting savings and redirecting them towards lucrative investments, according to a survey conducted by McKinsey&Company in spring 2022.