POLITICS
-Romania’s premier Nicolae Ciuca stated, on Wednesday, that the uptake rate of EU funds related to the financial year 2014 – 2020 reached by Romania is 64.5%, at the same level as Germany and very close to France (65%), surpassing old member states such as Belgium (59%), Italy, Spain or the Netherlands (each slightly over 56%).
-Romania’s Minister of Foreign Affairs, Bogdan Aurescu, had a telephone conversation, on Wednesday, with his UAE counterpart, Sheikh Abdullah bin Zayed Al Nahyan. The two discussed bilateral cooperation, with an emphasis on the interest of both parties to stimulate investments.
ECONOMY
-A recent survey conducted by online recruiting platform eJobs found that 70% of Romanians supplement their income with a second job.
-Romania has improved its rating in the latest edition of The Wealth of Nations Index, an innovative measure of economic development created by the Warsaw Enterprise Institute. Out of 38 classified countries (EU+OECD), Romania ranks 31st. This is a rise of one notch compared to the previous edition.
-Over 37% of the Romanians reduced their holiday budget this year, while almost 27% will not have any holiday and did not allocate any money for this, a survey conducted by CEC Bank in partnership with banking comparator FinZoom.ro reveals. 38.5% hope to have their holiday with a budget under 3,000 lei/family.
COMPANIES & MARKET
-Bucharest’s office space market returned to pre-Covid levels, the industrial and logistics spaces reach new record highs and the investment market could reach its highest level in more than ten years, as per Colliers’ Mid-Year Report for 2022.
SOCIAL
-A national plan for the medium- and long-term integration of Ukrainian refugees in Romania was released on Tuesday by Madalina Turza, a top official with the Prime Minister’s Chancellery.
