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economy news
24 articles about economy
Romania must balance its budget – impact on pensions and social services
The European Commission is calling for fiscal reforms and a reduction of the budget deficit, measures that could impact pensions and services for senior citizens.
Food price caps extended until the end of the year – direct impact for pensioners
The measure limiting the commercial mark-up on basic foodstuffs continues to protect the budgets of low-income families, including pensioners.
The commercial markup on food products could remain capped until 2026
The Agriculture Committee has approved the extension of the commercial markup cap on basic foodstuffs, a measure that could help pensioners cope with inflation.
European Inflation Reaches 3.2%, Affecting Pensioners' Purchasing Power
The rise in eurozone inflation to its highest level in three years is directly impacting pensioners' fixed incomes.
Historic record: Romanians contributed over 2 billion RON to Pillar 2 in February
For the first time, monthly contributions to compulsory private pensions have exceeded the 2 billion RON threshold, marking a significant increase.
Inflation Rises to 10.3% - Major Impact on Pensioners and Seniors in Romania
BNR's latest forecasts show inflation at 10.3% by mid-year, affecting pensioners' purchasing power and care costs.
Heating Bills Will Be Higher This Winter – Impact on Seniors
Gas reserves are at their lowest level in the past 5 years, which will lead to higher bills for all consumers.
Economic crisis hits pensioners directly: insolvencies among large companies rise dramatically
The surge in large company insolvencies in 2026 threatens pensioners' economic security through its impact on pensions and services.
Romania Risks Losing PNRR Funds by August – Impact on Projects for Seniors
The Prime Minister warns that unfinished projects under the NRRP will lose their European funding, putting investments in health and social services at risk.
Foto ilustrativăGrim economic forecast for Romania hits pensioners and seniors hard
The European Commission forecasts economic growth of just 0.1% and inflation of 7% in 2026, which will dramatically erode pensioners' purchasing power.
Inflation Figures Explained: What Pensioners Need to Know About Purchasing Power
Inflation calculated differently by INS (10.7%) and Eurostat (9.5%) directly affects the pensions and purchasing power of Romanian seniors.
Foto ilustrativăEU Economic Forecasts: Romania's Growth Falls to 0.1%, Inflation Rises to 7%
European Commission sharply cuts its forecasts for Romania in 2024, with an impact on pensioners' purchasing power.
Foto ilustrativăInflation of 9.5% in Romania Severely Impacts Pensioners' Purchasing Power
Romania has the highest inflation rate in the EU — 9.5% in April. Seniors on fixed pensions are the most vulnerable to rising prices.
New pay legislation: over half of public sector workers set for salary increases
Salary reform in the public sector will bring increases for 50% of employees, with total expenditure of 174 billion RON.
Inflation to Rise to 5.5% in 2026 – Major Impact on Pensions and Purchasing Power
BNR revises its inflation forecast for 2026 upwards to 5.5%, with direct implications for pensioners' incomes and care costs.
Inflation Could Reach 11% - Major Impact on Pensioners and Care Costs
Mugur Isărescu warns that tensions in the Middle East will generate a significant rise in inflation in Romania, heavily impacting the budgets of senior citizens.
Stagflation in the EU Directly Impacts Pensioners' Pensions and Purchasing Power
Rising inflation and economic decline in the EU will erode pension values and drive up care costs for older adults.
Romania receives €2.62 billion from PNRR for healthcare reforms and other sectors
The European Commission approves the new tranche of European funds, which includes investments in the healthcare system, with elderly care also set to benefit.
Inflation climbs to 9.9% in March – severe impact on pensioners and senior citizens
Rising inflation approaching 10% is dramatically eroding pensioners' purchasing power, with significant price increases across essential goods.
Romania Retains the Highest Inflation Rate in the EU: 8.6%, Four Times Above the European Average
Romanian pensioners continue to face dramatic price rises, with Romania maintaining its position as the EU's negative inflation leader.
Foto ilustrativăRomania Has the Most Expensive Energy in Europe. How Seniors Can Cut Their Bills by 30%
Specialists recommend switching supplier to cut bills by 30%. Offers below 1 RON/kWh available on the market.
Cold snap hits pensioners' wallets: gas bills up 20%
Gas prices across Europe have surged by 20% amid severe cold weather, placing serious strain on the budgets of older people who are particularly vulnerable to rising bills.
Loan Interest Rates Edge Down – Good News for Seniors with RON Repayments
ROBOR at 3 months reaches 6%, offering relief for pensioners with loans. Rates will fall in 2026 for 400,000 Romanians.
Pensioners Among Those Hardest Hit by Economic Crisis: Borrowing Money for Medicine and Food
Austerity measures and rising prices are hitting seniors hard. Many pensioners are forced to choose between paying bills, buying medication, and putting food on the table.