Romanians will spend an average of RON 1,500 this year (some EUR 340) for Christmas and New Year’s Eve, the budget being similar to the one in 2013, according to a recent study conducted by Mednet Marketing Research Center.

“If in 2013 we enjoyed a budget increase of RON 300 compared to December 2012, this year, we have no significant differences from a statistical point of view, compared to last year,” according to Mednet.

Over 35% of the surveyed urban population said they intend to spend under RON 1,000 (EUR 225) for Christmas and New Year’s Eve, while the budget of 26.4% of respondents slightly climbs towards the average of RON 1,500 (EUR 340).

Read the entire article on Romania-Insider.com.