European Union

In 2019, average hourly labour costs in the whole economy (excluding agriculture and public administration) were estimated to be EUR 27.7 in the European Union of 27 Member States (EU) and EUR 31.4 in the euro area, reveals the latest…

Romania is recording the lowest ratio in the European Union on healthcare expenditure, according to the latest Eurostat report, which gives our country an even gloomier overview particularly those days, amid fight against the novel…

President Klaus Iohannis will ask the European Union leaders in the video conference due this afternoon to develop as a matter of urgency procedures through which the member state should launch common acquisitions for medical equipment…

The exchange rate has hit a new negative record on Monday: RON 4.8242 for one euro. Last week, the national currency has decreased day by day last week, with analysts saying it will follow a similar trend in the upcoming period. Yet, the…

As Romania has recorded the highest electricity price growth in EU for heavy consumers, European Union is offering 60% non-reimbursable funds for the heavy energy consumers, up to 15 mln. EUR, through the POIM 6.4 financing axis, which can…

Households in Romania top a EU ranking on the difficulties in paying utility bills, a recent Eurostat survey reads. In 2018, almost 7% of households in the European Union had been unable to pay utility bills (heating, electricity, gas,…

Romania will receive less than EUR 3 billion from the European Union this year, Pro TV reported. Our country has lured about one third of its EU money for 2014-2020 in the past 6 years. Minister of European Funds explained that the…

Belgium, the Netherlands, Austria and Finland are the EU countries with the happiest people, while Romania ranks among the last, next to Latvia, Croatia and Lithuania, reads a recent Eurostat survey. In 2018, over 62% of people aged 16…

10.449 million tourists were reported in the accommodation units in Romania in the first nine months of 2019, up 4.4pct from the same period of the previous year, according to latest data released by the National Institute of Statistics…

Interview with Natalia Gavriliţa, Minister of Finance of Republic of Moldova. by Tiberiu Dianu   Natalia Gavriliţa was born on September 21, 1977 in Chişinău, Republic of Moldova. She graduated from the State University of Moldova at…