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24 articles about economy
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.
Fuel Crisis: How a 40% Price Rise Could Hit Pensioners' Budgets
Expert Dian Popescu warns that a fuel crisis could lead to dramatic price increases, severely impacting seniors' budgets.
Growth in Romania's External Debt Directly Impacts Pensioners' Income and Purchasing Power
Economic imbalance and a 24 billion euro increase in external debt are placing pressure on the state budget and, by extension, on the pension system.
Recession in 2026: How Romanian Pensioners and Elderly People Will Be Affected
63% of Romanians anticipate a recession in 2026. Seniors, dependent on pensions and social services, will be the most vulnerable to the economic crisis.
Electricity Bills Have Rocketed by 61%. How December Price Rises Are Hitting Pensioners
Electricity prices rose by over 60% last year, dealing a heavy blow to pensioners' budgets. Transport and food costs also increased.
Foto ilustrativăDrastic tax hikes: pensioners among those hardest hit by new property taxes
Pensioners are facing major difficulties paying the increased property taxes, with many unable to cope with the new amounts.
BNR Warning: Pensioners and Seniors Will Be Affected by the 2024 Austerity Measures
Viceguvernatorul BNR warns that Romanians must reduce their consumption, measures which will particularly impact pensioners on fixed incomes.
Fuel Price Rises: Significant Impact on Pensioners' Budgets
Fuel price rises of 30 bani per litre on petrol and diesel will affect pensioners who rely on transport to access medical and social services.
VAT Could Rise to 24% in 2026 - Major Impact on Pensioners and Senior Citizens
Raising VAT to 24% in 2026 would severely impact pensioners' purchasing power, with significant price increases on food and medicines.
Higher Property Taxes in 2026 - Major Impact on Senior Homeowners
The new market value-based taxation system could double or triple local taxes, severely impacting pensioners' budgets.
Gas bills rising by 35% - major impact for seniors on low pensions
The expiration of gas price caps in April could bring increases of up to 35% on bills, severely affecting pensioners' budgets.
Unemployment in Romania Reaches 6% – Impact on Pensioners and Families with Elderly Relatives
Rising unemployment reaching 6% in November 2025 is undermining families' ability to fund home care for elderly relatives.