Romanians less confident in short- and long-term recovery of standard of living, survey says

Romanians are less and less confident in the short- and long-term recovery of the standard of living, according to a survey conducted by IRSOP between April 20-24. As a result, people consume less and save money for an expected crisis, increasing the possibility that it will happen.

Around 68% of people in Romania say that things will be worse in a year, and 45% believe the same when the timeframe is extended to five years.