The National Meteorological Administration (ANM) has issued a Code Yellow advisory for strong winds reaching speeds of 55 - 65 km/h, valid until 22:00hrs for the Dobrogea area, the eastern half of Muntenia and south of Moldavia.
In 2018, Romania's households allocated only 1.9 percent of their total consumption expenditure for catering services, i.e. restaurants, cafes, bars and tea houses, the lowest percentage among the member states and three times less than the European Union average of 7 percent, according to the European Statistical Office (Eurostat) data.
The workforce crisis, the rise of inflation, the prospects for the national currency's depreciation and the expansion of the financial gridlock are seen as the major challenges to the business environment in 2020, found the 9th "Barometer on the state of the economy" conducted by consulting company Frames and released on Friday.
Romania enters 2020 with a budget, without the majority of measures introduced through Government Emergency ordinance (OUG) No.114 and the budget deficit has been covered with loans from the market at decreasing interest rates, Public Finance Minister Florin Citu wrote on his Facebook page on Tuesday.
In 2018, Romania spent 4.769 billion lei on research and development (R&D), the equivalent of 0.51% of the Gross Domestic Product (GDP), according to data released on Friday by the National Institute of Statistics (INS).
The first youth not in employment, education or training (NEETs) have participated in training courses for labour market insertion, organized by Junior Achievement Romania in the NEETs in Entrepreneurship hub, a transnational project that facilitates the professional insertion of young people from Bulgaria, Italy, Romania and Spain.
Romania's annual inflation rate slightly decreased to 3.4 percent in October 2019, from 3.5 percent in September, in the context of food stuff prices increasing 4.16 percent and those of non-food goods by 2.57 percent, while the price of services recorded an advance of 4.14 percent, according to the data published by the National Institute of Statistics (INS) on Tuesday.
The deficit in Romania's FOB /CIF trade balance reached 12.045 billion euros in the first nine months of 2019, higher by 2.089 billion euros y-o-y, according to data published by the National Institute of Statistics (INS) on Monday. According to INS, in the first nine months of 2019, the FOB exports amounted to 51846.7 million euro and the CIF imports amounted to 63891.7 million euro.
The price to acquire pork, the main raw material for producing Sibiu Salami, has grown by 15 pct over the last year, but the price for the final product registered an advance of under 10 pct, stated, on Friday, Carmen Gavrilescu, chair of the Association of Sibiu Salami Producers (APSS) in a press conference at the Ministry of Agriculture and Rural Development (MADR).
Arrivals reported by Romania's tourist accommodation establishments in the first nine months of 2019 amounted to 10.449 million, up 4.4pct from the same period of the previous year, show data released on Friday by the National Institute of Statistics (INS).