Tilica

Romania's Q1 2020 trade deficit reaches 4.46 billion euros

Romania's Q1 2020 FOB/CIF trade balance deficit reached 4.46 billion euros, up 732.4 million on Q1 2019, shows data with the National Institute of Statistics (INS) released on Monday. Official statistics also show that between January 1 and March 31, 2020, FOB exports amounted to 17.07 billion euros and CIF imports amounted to 21.53 billion euros.

Romania, below EU average, above Austria in terms of healthy years of life

Romania is below the European Union average when it comes to the number of years a person is expected to continue to live in a healthy condition at birth, but above other EU member states, such as Austria, Finland and Slovenia, show data released on Tuesday by Eurostat.

Number of employment contracts suspended, terminated since start of state of emergency exceed 1 million

The cumulative number of suspended and terminated employment contracts registered since the introduction of the state of emergency exceeded one million, according to the figures published on Thursday by the Ministry of Labor and Social Protection.

LabMin Alexandru: No risk of pensions not being paid; we're trying to pay them earlier

The funds for pensions and social benefits have been embedded in the budget and we are trying to reach beneficiaries even earlier, says Minister of Labour and Social Protection Violeta Alexandru. "The pension money is embedded in the budget.

Romanian economy slows down to 4.1 percent in 2019

The Romanian economy slowed down to 4.1 percent last year, after 4.4 percent in 2018 and 7.1 percent in 2017, show flash estimates released by the National Institute of Statistics on Friday. The GDP advance in Q4 2019 from the previous quarter was 1.5 percent, while growth in the third quarter was 0.6 percent QoQ.

Transport Minister Bode: From now on, company managers will be appointed based on competence criteria

Managers of companies subordinated to the Ministry of Transport, Infrastructure and Communications (MTIC) will be appointed based on competence criteria and on the true principles of corporate governance, the Minister of Transport, Infrastructure and Communications, Lucian Bode, on Tuesday, told the social partners on the occasion of the meeting he had with them.

Over 12.4 mln arrivals, in tourist accommodation establishments in Romania, in first eleven months of 2019

Arrivals registered in tourist accommodation establishments in Romania, in the first eleven months of 2019, totaled 12.434 million, up 3.7 pct compared to the same period last year, according to data released on Monday by the National Institute of Statistics (INS).

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