crisis

Less than one in five digital households (16%) have reduced or plan to reduce their spending on home broadband, mobile connectivity or streaming according to the latest EY Decoding the digital home study – which surveyed more than 21,000…

The members of the Foreign Investors Council (FIC) support the strategic, medium- and long-term approach to key areas, as is the case with the tax regime, which must be analyzed from the perspective of the results recorded at the level of…

The Household income and expenditure report released by the National Institute of Statistics (INS) today revealed that most Romanians are going through a cost-of-living crisis that has impoverished them compared to last year. And in the…

Consumers are increasingly confident about owning electric vehicles (EVs), with rising fuel costs, environmental concerns and lower ownership costs driving a spike in EV purchasing intent, according to new research from EY. The EY…

Since 2020, European Union Member States have been confronted by a series of overlapping global crises from the COVID-19 pandemic to persistent cost-of-living increases, which have lowered disposable income, dampened confidence, triggered…

Consumers globally continue to reign in their spending amidst a challenging cost-of-living environment, with 94% of consumers now worried about the rise of living costs as they continue to navigate inflation. Affordability is now the…

An amendment brought to the draft Education laws stipulates that students enrolled in bachelor's degree programs organized on a full-time basis can complete, with the approval of the faculty council, two years of studies in a single year,…

The automotive industry has been at the forefront of the national economies of Romania, Bulgaria, and Serbia for more than a decade. After a crisis-hit 2020, sector players were quick to recover and pick up speed, according to the most…

"Romania is an Ally that was true to its word", said the US Ambassador to Romania, Kathleen Kavalec at the “We The People” Photo Exhibit at the Palace of Culture, Iasi on Monday. The American ambassador in Bucharest stated that the…

Europe faced a cost-of-living crisis in 2022 due to high prices of energy and food. Uncertainty over war, protests in several countries, and tight monetary conditions added to the woes. Despite this, targeted stimulus measures from…