Romania: BT Analyst: Household Saving Rate At Record High In 2020, (...)

January 12, 2021

BT Analyst: Household Saving Rate At Record High In 2020, Averaging 16.9% In Jan-Sept Under Pandemic Impact
Jan 12, 2021

BT Analyst: Household Saving Rate At Record High In 2020, Averaging 16.9% In Jan-Sept Under Pandemic Impact.

The household saving rate reached on average 16.9% (a record high) between January and September 2020, higher by 2.3 percentage points compared with the average recorded in 2019, stated Andrei Radulescu, macroeconomic analysis director with Banca (...)

[Read the article in Ziarul Financiar]

SEE ALSO IN ROMANIAN NEWSPAPERS

Dignitaries participate in ceremonies to mark the 162nd anniversary of the Union of the Romanian Principalities The presidents of the two Chambers of Parliament, Anca Dragu and Ludovic Orban, have participated, on Sunday, in the events held on the occasion of the 162nd anniversary of the Union of the Romanian Principalities. Ludovic Orban attended the events organized in Focsani, while Anca Dragu (...)

President Iohannis sign accreditation decrees for several Romanian ambassadors On Friday, President Klaus Iohannis signed accreditation decrees for several Romanian ambassadors, including Cristian Istrate to Russia, Bogdan Manoiu to Canada and Daniela-Laura Popescu to the UK. According to the Presidential Administration, the head of state accredited: – Razvan Rotundu as (...)

Anti-vaccination campaign: 37.840 people immunized in the last 24 hours The national committee for coordinating the anti-COVID vaccination informs that, within the last 24 hours, there were 37,840 people immunized, according to the data placed at the disposal by the National Institute of Public Health, through the National Electronic Vaccination Register. From the (...)

Deputy PM Barna meets acting head of the EC's Representation in Romania: Fast, efficient implementation of National Recovery and Resilience Plan is essential At this moment, ensuring an as fast and efficient as possible implementation of the National Recovery and Resilience Plan is “essential” for the Romanian authorities, Deputy Prime Minister Dan Barna said at his meeting today with Istvan Jakab, acting head of the European Commission’s (...)

Foreign Ministry announces change of U.S. air travel requirements in the context of the COVID-19 pandemic All US-bound air travelers are required to present upon boarding a negative COVID-19 test taken no more than 72 hours (3 days) before arrival to the US; both molecular and antigen tests are accepted, Romania’s Foreign Ministry said in a release on the new measures announced by the American (...)

Economy Minister: Romania has the highest tax burden on the minimum wage Romania has the highest tax burden on the minimum wage, as employees share their income almost 50-50 with the state, therefore the zero tax on the minimum wage will be enforced starting with 2022 in various sectors of the economy, said Minister of Economy, Entrepreneurship and Business (...)

Romania supports European Labor Authority's reaching full operational capacity Foreign Minister Bogdan Aurescu (photo R) on Friday received the Executive Director of the European Labor Authority (ELA), ambassador Cosmin Boiangiu, expressing on this occasion Romania’s support for the Authority reaching full operational capacity and efficiency, as in a few months it will (...)