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Tag Archives: education

Romania, lower EU funds absorption rate than Bulgaria and Czech Republic


Romania has attracted, by the end of last year, about EUR 17 billion out of the EUR 18.8 billion allotted during the 2007-2013 financial year, having thus the lowest absorption rate (90.4%), by 5 percentage points below the level registered ...

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Hourly labour cost up by 18.2pc in Q1. Retail trade turnover up by 6.3pc


Labour cost per hour has increased by 18.2% in the first quarter this year against the same period in 2016, the National Statistics Institute (INS) informed on Tuesday. According to the source, the growth was of 0.96% as compared to ...

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New reshuffle of the Grindeanu Gov’t? Three ministers targeted

sedinta guv grindeanu

PSD and ALDE are preparing the second reshuffle of the Sorin Grindeanu government, after the one when Daniel Constantin was ousted from the cabinet. According to political sources, the coalition is discussing the possible replacement of Pavel Nastase (Education Minister), ...

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Austrian investments in Romania represented 14% of FDIs last year

austrian investments

Austria continues to be a reliable trading partner for companies in the Romanian business environment. ‘The Austrian investors see Romania as an excellent investment destination and the largest market in the South Eastern Europe. Currently, our top priorities lie in ...

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An American Education Opens Doors of Opportunity

american education

Over 1,100 Romanian students studying at U.S. universities. By U.S. Ambassador Hans Klemm I want to congratulate all students in Romania who have received offers of admission from one of the over 4,500 accredited institutions of higher learning in the ...

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Budget surplus of 0.05pc of GDP in the first two months of 2017. Fiscal Council chief: Higher risk of recession


The consolidated general budget in the first two months of 2017 concluded with a surplus of RON 397.1 million, i.e. 0.05% of GDP, against RON 788.1 million, i.e. 0.10% of GDP in the same period of 2016, according to operative ...

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3 in 10 Romanian parents use corrections to rear their children, UNICEF says

child punishment

Three in ten parents in Romania think that punishing children is useful, 11% are instantly slapping their child and 54% are frequently raising voice at kids, reads the latest UNICEF study. “Violence on children is complex, concerning issue and we ...

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