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economy news
24 articles about economy
Foto ilustrativăPensions no longer cover expenses: elderly people choose between medication and food
More and more pensioners are facing a painful reality: their monthly income no longer covers the cost of medicines, food, and utility bills, amid the relentless rise in prices.
Foto ilustrativăPrivate pension funds grew by 33% in the first quarter of 2026
Pillar II assets reached 212.55 billion RON at the end of March 2026, according to the FSA. Good news for future pensioners.
Foto ilustrativăPrice caps on 17 staple foods extended until the end of 2026
The commercial mark-up on 17 essential products remains capped until December 2026, a measure that directly protects pensioners on low incomes.
Foto ilustrativăBNR Expert: Tax on High Salaries Could Impact Pensions and Services for Seniors
New taxes on high salaries could stifle the economy and reduce resources for pensions and social services aimed at older people.
Foto ilustrativăInflation Close to 11% Hits Romanian Pensioners Hard
Rising prices, with electricity bills 55% higher, are severely affecting pensioners' budgets.
Foto ilustrativăFood Prices in Romania Higher Than in Italy – Major Impact on Pensioners
Food prices in Romania have surpassed those in Italy, severely impacting the budgets of pensioners on low incomes.
Foto ilustrativăInflation of 10.85% in May severely impacts pensioners' budgets
The rise in inflation to 10.85% puts additional pressure on seniors' fixed incomes, as they face ongoing price increases.
Foto ilustrativăRomanian pensions fell in 2026, according to official data
INS data shows a reduction in pensions and in the purchasing power of Romanian pensioners over recent months.
Foto ilustrativăInflation of 10.9% Severely Impacts the Purchasing Power of Romanian Pensioners
The rise in inflation to 10.9% in May significantly reduces pensioners' real incomes, as they face rising costs for energy and food.
Foto ilustrativăInflation of 10.9% in May Hits Pensioners' Budgets Hard
Dramatic increases in electricity prices (+55%) and rents (+40%) are placing major pressure on seniors' fixed incomes.
Foto ilustrativăInflation at 10.9% in May: Major Impact on Pensioners' and Elderly People's Budgets
Rising energy, fuel and housing costs are severely affecting the purchasing power of seniors on fixed incomes.
Foto ilustrativăStagnating Economy Hits Pensioners Hard: World Bank Forecasts Zero Growth in 2025
The Romanian economy will stagnate in 2025, with a direct impact on pensioners' purchasing power and the funding of social services.
Foto ilustrativăLegislative Initiative to Compensate ROBOR Manipulation Victims
Project of law for the reimbursement of money to Romanians affected by the artificial increase of ROBOR interest rates.
Foto ilustrativăBNR responds to fines over ROBOR – impact on senior citizens' loans
The central bank is seeking clarification following sanctions imposed on banks that set ROBOR, the index which influences pensioners' loans.
Foto ilustrativăBanking experts warn pensioners not to make hasty decisions regarding ROBOR
CSALB recommends that seniors with loans carefully analyse the ROBOR situation before making important financial decisions.
The ROBOR Case: The Competition Council initially proposed fines of 1 billion euros for banks
The Competition Council initially discussed fines of 10% of turnover for banks in the ROBOR case, along with bans on fixings and economic forecasts.
Expert economist: Sanctioning banks can trigger a recession that will affect pensioners
An economist warns of a two-year recession following the sanctioning of banks over inflated ROBOR rates, with an impact on senior citizens.
Court Rules in Favour of the Competition Council in the ROBOR Investigation Case
The authorities have won the lawsuits brought by the banks investigated for setting the ROBOR index, which affects loan interest rates.
Foto ilustrativăCompetition Council wins court cases against banks in the ROBOR scandal - impact on pensioners
Competition authorities have secured significant victories against banks accused of manipulating ROBOR, with implications for loans.
Labour Market 2026: Major Impact on Seniors and Retirees
The decline in job opportunities and increasing competition also affect older employees, who are seeking to remain professionally active.
Price cap on basic foodstuffs extended until 2026 – impact on pensioners' budgets
Parliament has extended the measure capping commercial markups on basic foodstuffs, a decision that directly affects food costs for seniors.
Foto ilustrativăPrices for 17 staple foods remain capped until 2026 – protection for pensioners
The measure extending the capping of commercial markups on essential food items aims to protect the purchasing power of seniors on low pensions.
Food price caps severely impact seniors – farmers selling below cost
The measures to cap mark-ups on staple products are creating pressure on producers, with an impact on the supply of essential food items for pensioners.
Fine record for banks over ROBOR manipulation hits pensioners with loans
The Competition Council fines banks 700 million euros for manipulating ROBOR, affecting the rates on loans taken out before May 2019.