Romania

A year ago I created a blog post about minimum wages in European Union in 2014, that post generated a lot of views (more than 20,000 page views) and some buzz (got shared on Facebook, Reddit, and many other websites) Update: Minimum Wages in European Union 2018 I decided to look back and compare how does minimum wage has changed in European Union member countries a year later (2015) Minimum wage in European Union 2015 In short - minimum wage has been increased almost in every country,…

Back in 2013, the European Union (EU) was a political and economic union of 28 member states that were located primarily in Europe.  While the European Union consists of 28 member states. Some would say  - Europe is United. Is it so? Let's figure out, who lives better and who does not.  Update: GDP Per Capita in European Union 2022 GDP per Capita in European Union  2013   2012 2013 Change $ Growth % Luxembourg 103859 111162 7303 6.56 Denmark 56364 58930…

Recently Georgia signed Association Agreement with EU, which includes Free Trade Agreement with the EU as well. Georgian Politicians were so happy, that they rushed to announce some great plans - and so the MP of Georgia announced, that Georgia is eager to have full EU membership in the next 5-10 years.  So far so good.  On the other hand, the newly elected president of the European Commission Jean-Claude Juncker has already announced, that he is not willing to see any enlargement in European…

Yesterday I took a brief overview of Moldova, and today I'm eager to dive into the neighboring country of Romania. Romania is a full-fledged member of the European Union since 2007, together with Bulgaria, and is considered one of the poorest countries in the EU in terms of wealth. With a population of 21.33 million people and a GDP of 169.4 billion USD in 2012, Romania's GDP per capita is 7.942 thousands USD. Although Romania is four times richer than its neighbor Moldova, it is still five…