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The presidential elections in Romania, which will take place on Sunday, November 24, 2024, represent a crucial moment in defining the political direction of the country for the next five years, given the fact that, out of the 14 candidates for...

The distribution of personal wealth varies significantly across the world's regions, reflecting economic disparities driven by differences in development, resource availability and access to finance, according to an analysis by...

The development of online commerce is closely related to artificial intelligence, better said to its use on new platforms and for the modeling of new applications characteristic of each type of consumer/client, stated the participants at the...

In 2024, two reports were published, prepared at the request of the European Commission. The first report, coordinated by Enrico Letta, is entitled "More than a Market" and refers to the transformation of the single market into a true...

Following the victory of Donald Trump in the presidential elections in the United States, political leaders in Romania emphasized in their congratulatory messages sent to the future American president the importance of continuing the strategic...

The rising cost of living is making the "American dream" increasingly difficult to achieve today, according to an Investopedia analysis, picked up by visualcapitalist.com, which highlights that while pandemic-driven wage growth has...

Our country is in the middle of the European ranking in terms of burnout, but it is registering an increasing trend, especially among young people, claims Professor Dragoş Iliescu, a lecturer at the University of Bucharest. He noted that...

Lionel Messi continues to be extraordinarily well-paid even though he is no longer in his prime. Lionel Messi, who plays for Inter Miami, earns more than the salary of other teams in Major League Soccer. Thus, 22 teams have salary caps lower than...

The national economy will register an economic growth between 1.2 and 1.8% at the end of 2024, much lower than the one announced by the Government, of 2.8%, based on the data provided by the National Strategy and Forecasting Commission , said...

The third quarter of 2024 was marked by a series of major challenges for Romania's economy. High summer temperatures have led to increased energy consumption, and the government has taken drastic measures to cover energy needs, including the...

The insolvency procedure of the Damen Mangalia Naval Shipyard (DSMa) was caused, among other things, by the Covid 19 pandemic which led to the cancellation of some contracts that the company was going to execute, Florin Constantin, Senior Partner...

The fine world of football is facing a moment that may dictate its future course of investment. The petro-dollars pumped into European football leave traces and they can create problems. Manchester City, one of the world's richest clubs, is...

There are chances that in the second half of the year the economic activity of our country will be more dynamic, thanks to the impulse from domestic demand, believes Alexandru Combei, CFA, Investment Director of BRD Asset Management.

IT specialists can be kept in our country by offering attractive incomes, even by granting tax facilities, claims deputy Radu Miruţă (USR), secretary of the Commission for Information and Communications Technology (TIC) in the Chamber of...

The war in Israel has forced some local IT companies to move part of their operations abroad to ensure business continuity. Among the IT specialists targeted by Israeli firms are those from Romania. Below are the opinions of some representatives...

Romania has become an attractive destination for economic, technical, and cultural reasons for Israeli companies looking to expand their IT teams outside of their main headquarters, according to a report published on the Carbon website, which...

Romania, Bulgaria, and Poland have become the main destinations for hiring IT specialists in Israeli start-up companies, as the war in Israel has forced them to move part of their operations abroad to ensure business continuity, according to an...

The last month of summer was marked by a series of government decisions that continued to deepen the budget deficit, which - according to the budget execution for the first seven months published by the Ministry of Finance at the end of August -...

The aeronautical company IAR Braşov (IARV) reported, for the first half of the year, operating revenues of 240.2 million lei, 9% below those of the first six months of last year, while the net profit decreased by 59% , up to 14.3 million lei,...

The escalation of the budget deficit indicates structural problems, which can only be remedied through urgent fiscal reforms that lead to budgetary consolidation, the Fiscal Council states in the report for the year 2023, published yesterday, a...

The future members of the Directorate of the national company Transelectrica SA - whose selection procedure is underway - would satisfy the short-term and long-term political interests of the PSD-PNL governing coalition, sources from inside told...

The social and political convulsions of the first three months of the current year left their mark on the entire semester, because the PSD-PNL coalition turned to the state piggy bank to calm them down. Thus, the Ciolacu government decided to...

Fees for international students are set to rise before the start of the new academic year. Fees for foreign students at the "Carol Davila" University of Medicine and Pharmacy in Bucharest could increase, in the context in which they are...

The budget deficit continued its decline in the second financial quarter as well, its growth being a little smoother compared to the first three months of 2024. Thus, if at the end of March the budget deficit recorded for the first quarter stood...

Although their incomes are far from those of the CEOs of big companies, presidents, prime ministers and other world leaders can be paid very high salaries in some countries, with Singapore's Prime Minister Lawrence Wong at the top of the...

The anti-corruption prosecutors are dissatisfied with the monthly salary of 5,000 euros and believe that they should receive an income equal to that of their DNA colleagues who are seconded to the European Public Prosecutor's Office (EPPO),...

During May, the government continued to make chaotic decisions regarding budget expenditures, although the deficit after the first four months of the current year stood at 3.24% of the Gross Domestic Product, i.e. a minus of 57.29 billion lei...

The domestic labor market is full of surprises. Almost 7,500 small and very small companies, with no more than 50 employees, have put more than 50,000 jobs on the market since the beginning of the year until now, according to a recruitment...

The Damen Mangalia Shipyard (DSMa) will be forced to lay off approximately 1,000 people, after the Dutch group Damen asked the Constanţa Court to declare the offshore production capacity bankrupt, a fact we drew attention to a month ago and a...

Reporter: What is the status of the Piranha 5 program developed in partnership with Uzina Mecanică Bucharest? Does it maintain the same sustained pace as in the last two years?

The reduction of the labor tax was the main request of the protest organized, yesterday, in Bucharest, by the members of the National Trade Union Bloc (BNS/NBU) which took place along the route Piaţa Victoriei - Ministry of Economy,...

The grievances of employees in the cultural sector are boiling over. There is also an exact date for this. This year's edition of the Night of the Museums will be a special one, not because it marks 20 years of existence, reason for...

The sports unionists will take to the streets under the slogan: "We demand salaries with which we can raise our children!". The National Sports and Youth Union - SNST, a member of the PUBLISIND Federation / National Trade Union Bloc -...

At the end of last year, our country recorded a budget deficit of 6.3% of the Gross Domestic Product, according to the latest consolidated report published yesterday by DG Ecfin, within the European Commission. Given that at the end of January...

Employees in the cultural field consider themselves discriminated against by the authorities and have decided to intensify their protests. The museographers and librarians continue their protests and will close the institutions on public...

Social convulsions have been a constant in the first three months of the current year, with a peak in January, when almost half of the country's major cities were blocked by farmers' and transporters' protests, which lasted for three...

A recent report by property consultancy Knight Frank shows the minimum net worth a person would need to own in 2023 to be considered part of the 1% - the richest people in a country - and the results differ significantly , according to Statista....

Luxembourg, the financial services capital of Europe, has the highest average hourly wage (47 euros) on the continent, and is also the country with the highest GDP per capita in the region, according to a visualcapitalist.com analysis, which...

Political decision-makers in Bucharest continued in the last month of the first quarter of the current year to adopt decisions regarding the extension of some price capping measures and to dilute the provisions of Law 296/2023 and GEO 115/2023...

The construction sector is one of the main contributors to the creation of the Gross Domestic Product, but it is currently facing problems generated by the bureaucracy from the central and local public authorities, lending from the banking sector...