Dan Pălăngean
Dan Pălăngean
Senior Expert, National Bank of Romania
Romania, Last in the EU Regarding the Expected Duration of Working Life

Romania, Last in the EU Regarding the Expected Duration of Working Life

Romania was placed last among the EU Member States regarding the expected duration of working life, according to data provided by Eurostat for 2021. The duration of 31.3 years was lower than in Italy (31.6 years), Greece (32.9 years), Bulgaria (33.1 years) and Croatia (33.5 years). The highest durations in the EU were recorded in the Netherlands (42.5 years), Sweden (42.3 years) and Denmark (40.3 years). More


How Many Healthy Life Years for Romanians in EU Context

How Many Healthy Life Years for Romanians in EU Context

In 2020, the number of healthy life years at birth in the EU was 64.5 years for women and 63.5 years for men. Romanians had a significantly shorter healthy life span, four years less for women and 4.2 years less for men. Nevertheless, we ranked at 17 for women and at 19 for men in-between the EU27 member states.  More


Romania, Second Lowest Hourly Labour Cost in EU

Romania, Second Lowest Hourly Labour Cost in EU

Romania had the second lowest hourly labour cost in the EU in 2021, according to data published by Eurostat. The recorded value (€8.5) was higher than in Bulgaria (€7.0), but under the levels for Latvia (€ 11.1), Croatia (€ 11.2), Lithuania (€ 11.3) and Poland (€ 11.5). The highest labour costs were recorded in Denmark (€46.9), Luxembourg (€43.0) and Belgium (€41.6) (see infograph).  More


The Increase in Energy Prices Puts Romania in the Middle of EU Member States

The Increase in Energy Prices Puts Romania in the Middle of EU Member States

Romania ranked in the 13-14th place among EU Member States regarding the increase of prices for energy in January 2022, compared to the same month of the previous year. With a level of 24.1%, our country is below the European average of 27%, after Bulgaria (24.6%), tied with Finland and slightly above Sweden (23.8%).  More


The Highest Proportion of Young People Who Were Severely Materially and Socially Deprived, Recorded in Romania

The Highest Proportion of Young People Who Were Severely Materially and Socially Deprived, Recorded in Romania

Among the EU Member States in 2020, the highest proportion of young people who were severely materially and socially deprived in 2020 was recorded in Romania (24%), followed by Bulgaria (21%) and Greece (16%). On the other hand, the proportion was less than 3% in 11 of the 26 Member States with available data: Luxembourg, Croatia, Estonia, Finland, Slovenia, Poland, Netherlands, Czechia, Cyprus, Sweden and Austria.  More


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The Market For Ideas Association

The Romanian-American Foundation for the Promotion of Education and Culture (RAFPEC)
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OEconomica

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