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Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

Romanians show less optimism compared to EU average

The latest Eurobarometer confirms the intuitive evidence that Romanians are more exposed to hardship under the Covid-19 crisis situation given their lower incomes, wider income disparity and thinner formal safety net in the country.

Given all these, the deviation from the EU averages (in the range of 10%) can be seen as a sign of optimism.

Furthermore, the sentiment in the country has improved compared to the past winter - not as much as in Europe on average but still significantly.

As many as 26% of Romanians believe that their employment situation will be worse in 12 months, compared to only 9% in the European Union on average.

Some 47% of Romanians anticipate that the economy will recover from following the impact of the COVID-19 pandemic no sooner than 2023.

Currently, 34% of Romanians consider that the situation of their economy is "good" (+8pp versus past Eurobarometer in the winter of 2020-2021), compared to 40% at EU level (+11pp).

At the same time, the proportion of Romanians who believe that the situation of the economy is "bad" has decreased, currently to 64%, down by six percentage points compared to last winter.

At the EU level, 58% of citizens believe the economic situation is "bad", down 11 percentage points from last winter.

Romanians are also less satisfied than European citizens when it comes to the financial situation of their household and their job, respectively.

Thus, 57% of Romanians say that the financial situation of their household is "good", and 41% say that it is "bad", compared to 74% and 24%, respectively, at the EU level.

(Photo: Liskonogaleksey | Dreamstime.com)

andrei@romania-insider.com

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Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

Romanians show less optimism compared to EU average

The latest Eurobarometer confirms the intuitive evidence that Romanians are more exposed to hardship under the Covid-19 crisis situation given their lower incomes, wider income disparity and thinner formal safety net in the country.

Given all these, the deviation from the EU averages (in the range of 10%) can be seen as a sign of optimism.

Furthermore, the sentiment in the country has improved compared to the past winter - not as much as in Europe on average but still significantly.

As many as 26% of Romanians believe that their employment situation will be worse in 12 months, compared to only 9% in the European Union on average.

Some 47% of Romanians anticipate that the economy will recover from following the impact of the COVID-19 pandemic no sooner than 2023.

Currently, 34% of Romanians consider that the situation of their economy is "good" (+8pp versus past Eurobarometer in the winter of 2020-2021), compared to 40% at EU level (+11pp).

At the same time, the proportion of Romanians who believe that the situation of the economy is "bad" has decreased, currently to 64%, down by six percentage points compared to last winter.

At the EU level, 58% of citizens believe the economic situation is "bad", down 11 percentage points from last winter.

Romanians are also less satisfied than European citizens when it comes to the financial situation of their household and their job, respectively.

Thus, 57% of Romanians say that the financial situation of their household is "good", and 41% say that it is "bad", compared to 74% and 24%, respectively, at the EU level.

(Photo: Liskonogaleksey | Dreamstime.com)

andrei@romania-insider.com

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