@vinibarbosabr I told people to stay away from egld a few years back. A lot of people were delusional though thinking it will go to 5K from 500 or whatever ridiculous price it was at the time.
You touched on this in the post, but a lot of companies want to do business with the government. There's plenty of construction companies, IT companies that work only with the state winning a bunch of contracts. They wouldn't survive without that.
If you know somebody on the inside, like a mayor or a local councilor you can pretty much win any gov. contracts. You might need to setup a no-show or no-work job for somebody's cousin though.
Corruption is everywhere in Romania. You will not be doing business without paying somebody: be it the mayor, his cronies, or various government agencies.
Most wage growth happened pre-pandemic. After that I haven't see much going on. Public employees such as teachers did get a 20 or 30% bump in 2024 which also skews statistics.
Stock market lacks liquidity outside of top names (BT, Petrom, Romgaz/Transgaz etc.). It is also much smaller than Poland. Corruption is rife at these companies with plenty of no-show or no work jobs.
Huge demographic problems, population getting older, not enough workers.
@stevehunsaker1 Probably lost his shine when he peddled NFTs to his followers. "So hear me out this is the best opportunity, you have to buy these Bored Ape Yacht Club NFTs..It's images, but it is all on the blockchain"
@ergonautas@og_Stefan_H@AdrianP_doc You do realize just VAT fraud is in the order of billions of euros? Then you have energy fraud (Hidroelectrica), insurance fraud (CityInsurance + Euroins moving money to Bulgaria), special pensions etc.
@LucianSarbu It's the truth though. Just ask young people if they want to work at McDonalds, or Mega Image stocking shelves or at a restaurant. They all feel like those jobs are beneath them.