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futureofromania
Oct 28, 20242 min read
Insight of the Day: Budget Deficit and Public Debt are Rising. 'If Any Politician Says Taxes Won't Go Up Next Year, They're Lying'"
Findings: Despite promises of fiscal stability, Romania has introduced several fiscal changes in 2024, focusing on digitalizing the tax...
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futureofromania
Oct 28, 20242 min read
Insight of the Day: Romanians work among the longest hours in Europe but earn considerably less
Key Takeaway: Generation Z’s different perspective on work-life balance and compensation is challenging established work norms in...
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futureofromania
Oct 26, 20243 min read
Insight of the Day: How Bucharest’s City Center Became the Epicenter of Craft Beer Culture and the Best Specialty Bars"
Findings Craft beer culture has thrived in central Bucharest, with specialty bars like Hop Hooligans Taproom , Zăganu Craft Beer Bar ,...
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futureofromania
Oct 26, 20243 min read
Insight of the Day: Public Finance Crisis Deepens: Budget Deficit Reaches 5.44% of GDP in First Nine Months of 2024
Findings In the first nine months of 2024, Romania’s budget deficit hit 5.44% of GDP, significantly surpassing the European Union’s 3%...
10
futureofromania
Oct 26, 20245 min read
Insight of the Day: Interest in New Cars Increases Among Romanian Consumers
Findings A recent study reveals that interest in purchasing new cars is growing among Romanian consumers. Approximately 36% of...
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futureofromania
Oct 26, 20243 min read
Insight of the Day: 2,000 Romanians to Close 2024 with Wealth Exceeding 1 Million USD Each
Findings The report highlights an estimated 2,000 Romanians who will end 2024 with over $1 million in assets, segmented into three wealth...
20
futureofromania
Oct 24, 20243 min read
Insight of the Day: Romanian Education Faces Budget Cuts and Declining Enrollment: 2020-2023 Overview
Findings: Budget allocations for education decreased from 2.9% of GDP in 2020 to 2.1% in 2023. The number of pre-university schools...
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futureofromania
Oct 23, 20243 min read
Insight of the Day: As the Weather Cools, So Do Economic Growth Forecasts: IMF Lowers Romania's Economic Growth Estimate for 2024 from 2.8% to 1.9%. The Government Relies on 2.7% Growth this Year
Findings : The International Monetary Fund (IMF) has revised Romania's economic growth forecast for 2024 downward from 2.8% to 1.9%,...
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futureofromania
Oct 23, 20243 min read
Insight of the Day: How Many Romanians Still Have Mortgages, Consumer Loans, and Credit Cards, and How the Number of Debtors Evolved in the Last Year
Findings : The number of Romanians with mortgages has decreased by nearly 2,700 in the past year, while the number of debtors with...
20
futureofromania
Oct 23, 20244 min read
Insight of the Day: The Minimum Income for a Decent Living – 3,972 Lei per Month for an Adult, and 10,450 Lei per Month for a Family with Two Children, Nearly 5% More than in 2023
Findings : The cost of living for a decent lifestyle in Romania has increased, with a family of two adults and two children needing...
10
futureofromania
Oct 23, 20243 min read
Insight of the Day: ANIS Study: Romania’s IT Industry Reached €15.5 Billion in 2023, Growing by 12%. IT&C Sector's Impact on GDP Exceeds €45 Billion, Consolidating Its Role as a Key Driver of Economy
Findings : The Romanian IT industry saw a significant growth in 2023, reaching €15.5 billion in revenue, up 12% from 2022. The broader...
40
futureofromania
Oct 23, 20243 min read
Insight of the Day: Romania's Construction Sector Reached Record Levels in 2023 and 2024, but Upcoming Fiscal Changes for Construction Workers May Pose Challenges
Findings : The Romanian construction sector reached historic highs in 2023 and 2024 due to strong private demand and significant public...
50
futureofromania
Oct 23, 20243 min read
Insight of the Day: 9 out of 10 Romanians Choose to Work in the Private Sector. Favorite Domain: IT / Salary Remains the Main "Driver," but Other Priorities Gain Ground
Findings : The study "Most Wanted Employers 2024" reveals that nearly 90% of Romanians prefer to work in the private sector, with IT and...
10
futureofromania
Oct 23, 20243 min read
Insight of the Day: Romanian Brands Continue to Be Relevant in a Market Dominated by International Brands
Findings : The study shows that despite a market dominated by global brands, Romanian brands are successfully maintaining their...
10
futureofromania
Oct 23, 20243 min read
Insight of the Day: Alcohol consumption in Romania. The most sought drinks
Findings: 60% of Romanians believe homemade alcoholic beverages are healthier than factory-produced ones. 34% of respondents have...
10
futureofromania
Oct 20, 20243 min read
Insight of the Day: Steady Improvement in Living Standards: Double-Digit Wage Growth and Declining Inflation in Romania
Findings: In August 2024, the average net salary increased by 13.8% compared to August 2023, surpassing the inflation rate of 5.1% ....
10
futureofromania
Oct 20, 20243 min read
Insight of the Day: Local Supermarket Chains Lead Sales Growth in Romania for H1 2024
Findings: Local supermarket chains (LKA) saw the fastest sales growth in Romania’s food retail sector in the first half of 2024,...
10
futureofromania
Oct 20, 20243 min read
Insight of the Day: Uncertainty Over Romania’s 2025 Budget and Economic Challenges
Findings: The Romanian government has not presented any projections or key targets for the 2025 budget, even though the end of the year...
10
futureofromania
Oct 20, 20243 min read
Insight of the Day: Romania’s Energy Challenges and Winter Outlook for 2024
Findings: Hydroelectric Power : Hydropower reservoirs are at their lowest levels since 2019, leading to a significant drop in energy...
10
futureofromania
Oct 20, 20243 min read
Insight of the Day: Most young people in Romania choose democracy, but some also support an authoritarian regime in certain situations
Findings: Political Alignment : Romanian youth place themselves at the political center, with more leaning towards the right than the...
10
futureofromania
Oct 19, 20243 min read
Insight of the Day: Craving, the main reason why Romanians choose snacks between meals
Findings: 39% of Romanians consume snacks daily, with women snacking more often (45%) than men (33%). The most popular snacks are sweet...
10
futureofromania
Oct 19, 20244 min read
Insight of the Day: Romania recorded the highest inflation rate in Europe again in September, at 4.8%, while, on average, consumer prices increased by 2.1% in the EU
Findings: Romania recorded the highest inflation rate in Europe in September 2024, at 4.8% , compared to the EU average of 2.1% ....
10
futureofromania
Oct 19, 20243 min read
Insight of the Day: Romania is the second-largest bicycle producer in the EU, but its residents are stuck in traffic because they have no way to get to work on two wheels
Findings: Romania is the second-largest bicycle producer in the EU , manufacturing 2.6 million bicycles in 2022. Despite high production,...
10
futureofromania
Oct 19, 20243 min read
Insight of the Day: Over 50% of young people in Romania want to go abroad
indings: Over 50% of young Romanians (ages 14–29) want to emigrate due to economic concerns and dissatisfaction with their financial...
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