income

Simply put, data recorded over time in the monthly budget implementation published by the Ministry of Finance indicate a share of staff costs in total budget expenditure somewhere around 20% after the decrease forced by circumstances (to be...

The living standard in Romania increased significantly due to an accelerated wage convergence compared to the EU average and the stagnation in price convergence toward the same average – official data on the 2014-2017 period show. But this...

Data published by INS for the second quarter of 2018 show that Romanians’ monthly incomes have reached nearly RON 1,600 per person. They were RON 4,151 per family and RON 1,589 per family member. It is noteworthy that...

Data released by the INS for the first quarter of 2018 show that households’ living standards increased considerably compared to the same quarter of the previous year, about five times more than the GDP growth (+ 20.3% per...

The general consolidated budget ended the first five months of 2018 with a deficit of -0.88% of GDP estimated for the current year, more than three times higher compared to the same period of the previous year (-0.27%...

The inequality of income distribution in Romania has diminished in the last two years, and official statistics rushed to send out the improvement in this fundamental social indicator with the values estimated for 2017 (most of EU countries...