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24 articles about economy
Romania, EU leader in labour taxation: over 40% of salary goes to the state
Romania has the highest labour taxes in the EU, according to Eurostat: 41.5% for a single person with no children. See how other European countries compare.
Foto ilustrativăA New FIDELIS Round: The State Offers Interest Rates of Up to 7.55% on Romanians' Savings
The Ministry of Finance has launched the seventh edition of FIDELIS in 2026, available until 10 July, with interest rates of up to 7.55% in RON and 6.20% in euros.
Foto ilustrativăFIDELIS: the state launches a new round of government bonds. Interest rates of up to 7.55%
The Ministry of Finance opened a new FIDELIS edition on Friday, 3 July, with subscriptions available until 10 July. Interest rates reach 7.55% for 10-year RON-denominated securities.
Foto ilustrativăFormer minister Florin Jianu: "Romania has officially entered recession"
Florin Jianu, president of SME Romania, warns that the political deadlock is deepening the economic decline, as trade, industry and consumption fall whilst inflation remains at record levels.
Foto ilustrativăINS: 5.2 million Romanians at risk of poverty or social exclusion in 2024
Almost one in five Romanians was living below the poverty line, according to INS data. Pensioners and the elderly are among the most vulnerable groups.
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.