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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 [email protected] 

 

Romania’s ruling Liberals promise GDP per capita will reach 85% of EU average by 2024

Romania's ruling Liberal Party (PNL) promises in its ruling strategy that Romania will have the strongest economic growth in the entire European Union over the next four years and reach a growth rate of over 6% in 2024.

The GDP will increase by over RON 450 bln to over RON 1,500 bln (EUR 309 mln) in 2024, and the GDP per capita will exceed 85% of the EU27 average by the end of 2024, according to PNL's forecast, Hotnews.ro reported.

The employment will go up by over 560,000, or more than 10% of the current employment, by 2024.

The average net salary will rise by real 36.6% to EUR 1,000 in 2024, and the pensions will be 46% higher than in 2019 (nominal terms), while the child allowances will double over the next four years. The Romanians' purchasing power will increase by over 30%, and the inflation rate will go down below 2%, PNL promises.

The party's governing program, launched on Thursday, November 19, includes building nearly 1,000 kilometers of motorways and express roads by 2024 and starting four new highways.

The Liberals also promise to revert the election system for mayors to two rounds, revise the Constitution and abolish the controversial Section for the Investigation of Crimes in Justice.  

[email protected]

(Photo source: LCVA/Dreamstime.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 [email protected] 

 

Romania’s ruling Liberals promise GDP per capita will reach 85% of EU average by 2024

Romania's ruling Liberal Party (PNL) promises in its ruling strategy that Romania will have the strongest economic growth in the entire European Union over the next four years and reach a growth rate of over 6% in 2024.

The GDP will increase by over RON 450 bln to over RON 1,500 bln (EUR 309 mln) in 2024, and the GDP per capita will exceed 85% of the EU27 average by the end of 2024, according to PNL's forecast, Hotnews.ro reported.

The employment will go up by over 560,000, or more than 10% of the current employment, by 2024.

The average net salary will rise by real 36.6% to EUR 1,000 in 2024, and the pensions will be 46% higher than in 2019 (nominal terms), while the child allowances will double over the next four years. The Romanians' purchasing power will increase by over 30%, and the inflation rate will go down below 2%, PNL promises.

The party's governing program, launched on Thursday, November 19, includes building nearly 1,000 kilometers of motorways and express roads by 2024 and starting four new highways.

The Liberals also promise to revert the election system for mayors to two rounds, revise the Constitution and abolish the controversial Section for the Investigation of Crimes in Justice.  

[email protected]

(Photo source: LCVA/Dreamstime.com)

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