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27. 10. 09. - 09:00

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27. 10. 09. - 09:00

Romanian ranks 48th in Prosperity Index

Romanian Times

Romania ranks 48th in the world and last in the European Union in the Legatum Prosperity Index, which inventories 104 countries in the world.

Slovenia (20th), the Czech Republic (25th), Hungary (28th), and Poland (29th) are
the Central and Eastern European (CEE) countries that were in the top third of the Index.

Slovenia was cited for its performance on education, security, and its government’s capacity to foster economic growth. The Czech Republic achieved its ranking by outscoring other Eastern countries in regard to personal freedom and its population’s overall health.

The world's most-prosperous countries are in Europe, with Finland first and the UK 12th, Germany 14th and France 17th.

Romania is outranked by Bulgaria (46th) and the United Arab Emirates (47th) and followed by Jamaica (48th). Romania ranked low in regard to personal freedom.

The Legatum Prosperity Index is a global assessment of wealth and well-being.

Teo Trandafir resigns over health problems
Former TV star Teo Trandafir announced today (Fri) she was resigning from her position as lawmaker.

Wizz Air fills bankrupt Malev's shoes
Low cost airliner Wizz Air announced today (Fri) it would start a new route Bucharest - Budapest, after Hungarian state-owned company Malev suspended all activity and announced it was on the edge of bankruptcy.

Romania's population down due to migration
Romania's population dropped by 2.6 million persons in the last ten years, the first data of the census performed in October has shown.

Twenty-four dead in cold weather
Another two persons died in the last 24 hours, in Romania, due to hypothermia the Health Ministry said today (Fri).

Schools closed over bad weather
School classes were suspended in 373 institutions in 29 counties all over Romania, due to meteorologists' warnings of heavy snow, blizzards and low temperatures.

More gypsies in Romania census shows
Romania's population is falling but the number of gypsies is increasing despite massive emigration according to new census statistics.

Bosch starts 77 mn Euro investment in Romania with state aid
German automotive components producer Bosch will invest 77 million Euros in a new production facility in Jucu, Cluj county, northwestern Romania, Romanian Prime Minister (PM) Emil Boc was informed today (Thurs).

Army ready to fight snow
The Romanian Army is prepared for the emergency situations provoked by heavy snow and blizzards with 4,000 soldiers and over 1,000 pieces of equipment, the Defence Ministry said today (Thurs).

Boeing aircraft on sale by the tax administration
A Boeing aircrfat is up for auction at the local tax administration in Bacau, northern Romania, for as low as 20,000 Euros.

Twenty-two died in cold weather
There were 22 persons who lost their lives amid the lowest temperatures this winter, which dropped as low as minus 32.5 Celsius.