spending

Less than 24 hours after Prime Minister Ilie Bolojan publicly outlined Romania’s new fiscal direction, five ministers convened to provide detailed explanations of the sweeping measures set to take effect next month. The press conference,…

The sharp rise in prices over the past year has pushed Romanians toward austerity budgets when it comes to major purchases or spending. For this year, nearly half of the respondents to a nationwide survey initiated by tbi bank said they…

Spending on preventive medicine in the European Union fell to 202 euros per capita in 2022, from 216 euros per capita in 2021, according to data published by Eurostat. Among the member states, Germany allocates the most to preventive…

Finance Minister Tanczos Barna provided details about the draft budget for 2025 and claims that it will be "modest" and "will ensure the payment of salaries and pensions, massive investments in the economy and substantial funds for the…

The era of cheap capital that enabled aggressive spending on customer acquisition is over. Iterate faster - with scarce resources, you can’t spend too much time validating your hypothesis. Founders should focus on generating…

Romanian President Klaus Iohannis stated that the difference between the Defense allocation of 2.5% of GDP, as a commitment to NATO, and the actual expenses should not be approached "in accounting". He added that the allocated money…

Last year, foreign tourists who came for medical treatment in Romania left more than 125 million lei in the country, according to National Institute of Statistics (INS). Almost 20,000 foreigners visited Romania for medical purposes, the…

Europeans are confident about their travel spending power in 2024 despite the ongoing cost of living pressure across the continent, according to a new report from Accor, the global hospitality group. The report, based on research carried…

With the final stretches of the holiday shopping season coming up, a survey conducted by Klarna, the AI-powered global payments network and shopping destination, showcases how much Romanians will be spending this Christmas and what are…

The leaders of the ruling Coalition decided, on Monday afternoon, to stop hiring in the state and to reduce 10% of spending on goods and services, Digi24 sources say. The PSD, PNL and UDMR leaders met on Monday at the Government to discuss…