cash

The economic consequences of the COVID-19 pandemic are of an unprecedented scale in Europe. The twin supply-demand shock has resulted in the halting of production (at least partially) in many companies as employees cannot go to work and in…

The latest IRSOP poll conducted during May 6-9 says that the income available per household has "vanished" in Romania during this period, while savings have been also on decline, which means that households are facing melting cash and those…

The study carried out by the free travel metasearch momondo.ro team shows that alternative payment methods need more time to be used constantly by Romanians. The way to spend the holiday budget presents an interesting aspect in the…

More than half of Romanians who have access to the Internet, almost 6 million users, bought online at least once a month in the last year, up 9 percent over the same period in 2016-2017, a study by GPeC and iSense Solutions reveals.…

The 3-month ROBOR Index, according to which the cost of variable-yield loans in RON is calculated, has increased to 2.46% on Thursday, up from 2.42% on Wednesday, according to the figures released by the National Bank of Romania (BNR). A…

The Confederation of Authorized Operators and Carriers in Romania (COTAR) asks the National Agency for Fiscal Administration (ANAF) to check the way Uber application is cashing in money from the customers after the ride-sharing company had…

Contactless payment is rapidly becoming a part of Romanian’s shopping routine. Last year, the expenditure through MasterCard and Maestro cards on domestic market has grown tenfold, year-on-year, according to MasterCard’s data, a press…

Two in ten Romanians want to buy a house. Almost 40 % don’t have another house, so they would be at their first acquisition, while 41% already have a place to live but they just want to relocate. The rest want to buy a residence in order to…

On Wednesday, the South African investment fund New Europe Property Investments (NEPI) purchased Auchan Titan Shopping Centre in a surprise deal of EUR 86 million. „NEPI has, through its subsidiaries Nepi Sixteen Real Estate Investment…

The Romanian Foreign Affairs Ministry (MAE) recommends the Romanians travelling to Greece to take cash in order to be able to cover all the expenses in the event of disruptions in the activity of the country's banking system. “The Romanian…