Category: News from Romania and about Romania
Romania is a diverse country, full of medieval structures and architecture, while also having beautiful natural surroundings. Almost half of the country is covered in natural and semi natural ecosystems.
This South-Eastern European country is becoming increasingly popular with tourists, for its seaside resorts and rich history. The city center of Brasov [...]
Category: News from Romania and about Romania
Medical tourism is a phenomenon. There has been a noticeable influx of patients into low-economy countries to have a medical procedure done. The reason people do this is because it is much less expensive to have plastic surgery in countries with smaller economies. Many health insurance plans do not pay for plastic surgery unless it [...]
Category: News from Romania and about Romania
Agriculture in Romania is an interesting topic. Even though roughly some 30% of the Romanian labor force are working in the agricultural sector, it does not contribute to more than 8-9% of GDP (figures from 2005). That is not to say that agriculture in Romania has to be unproductive or has to face unfavorable conditions. [...]
Category: News from Romania and about Romania
What are the prospects for the economy of Romania 2010? Is it realistic for the Romanian economy to recover in 2010? First, Romania-Central will give a short resume of the last year and then present you an economic outlook for Romania 2010. Happy new Year
Please note that updated, detailed data is linked from [...]
Category: News from Romania and about Romania
Employment and the unemployment rate in Romania is hard to understand if not related to the general employment structure and other labor market indicators such as the occupation and activity rate or the role of (short term) migration. Even during the hard recession of the nineties and their aftermath official unemployment rates in Romania were [...]
Category: News from Romania and about Romania
The inflation rate in Romania during the 1990ies and the first years of this decade is best to be described as a devastating hyperinflation. Inflation was mainly caused by the Romanian’s incapability to collect taxes (and, hence, financing their immense current spending with Seignorage) and a protective exchange rate regime. The still high inflation rate [...]
Category: News from Romania and about Romania
Average salaries in Romania belong to the lowest of Europe and even the double digit growth rates experienced during the last years of economic boom did not raise them to an European average level. And: several years of double digit would be needed to achieve a convergence with Western European average salaries. A simple example [...]