EU provides financial support of over 15.6 billion euro to partner countries
The European Commission presented plans for a strong and well-targeted response from the European Union to support the efforts of…
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General Interest
Ministry of the Environment: Applications for car subsidy programs are submitted exclusively online
The submission of the funding files for accessing the “Rabla Classic” and “Rabla Plus” programs is done exclusively online, and…
CFA Romania: The economic impact of coronavirus will be strongly felt until Q4
Almost half of CFA Romania’s analysts (48%) anticipate that the economic impact of coronavirus will be strongly felt by the…
Ministry of Labor: More than 1 mln. labor contracts have been suspended since the declaration of state of emergency
A number of 1,030,973 individual employment contracts have been suspended since the entry into force of the state of emergency…
Dacia to progressively resume production from April 21; from May 4th it returns to normal activity
“In accordance with the social partners and out of respect for the protection and safety of the employees, all the…
World Bank forecasts that Romania will register a growth of 0.3% in 2020
The World Bank has revised significantly the estimates of the Romanian economy’s advance this year, up to 0.3%, from 3.8%…
PwC România: BSE lost 34% since the beginning of the year, yields still over T-bonds
Bogdan Tudorache Bucharest Stock Exchange (BSE) lost from the start of the year, since the first news about Coronavirus, 34%…
EDPR will contribute 750,000 euro to the fight against COVID-19
EDP Renováveis, a global leader in the renewable energy sector and one of the world’s top wind energy producers, present…
G20 energy ministers to hold video conference on Friday
Energy ministers from the Group of 20 major economies will convene an extraordinary meeting by video conference on Friday “to…
Businesspersons propose the Government to borrow from IMF for a public intervention of 30 billion euro in the economy
Hundreds of businesspersons in various fields such as IT, health, construction and investment funds propose the Government and the other…
Call for saving the economy from the private environment: An intervention of 15% of GDP is demanded
The largest business organizations in Romania sent an open letter to the President, Parliament and Government, which requires, among other…
The market for new cars decreased by 32% in March
The coronavirus crisis is also seen in the figures for new car registrations, the market falling by 32% in March…
Romania’s GDP increased by 4.1% in 2019, compared to the previous year (INS)
The gross domestic product (GDP) of Romania increased by 4.1% in 2019, up to the value of 1,059 billion lei…
PNL challenged at the CCR the laws regarding the postponement of the utilities payment
The leader of the PNL deputies, Florin Roman, announced, on his Facebook page, that PNL has challenged to the Constitutional…
Rompetrol Bulgaria supports the efforts made by authorities in the fight against COVID-19
KMG International, through its subsidiary Rompetrol Bulgaria, made a donation of 10,000 liters of fuel to all Bulgarian authorities involved…
Have your say for the new LIFE programme – consultation launched!
The European Commission has launched an online consultation to seek input on the future content and implementation of the LIFE…
E.ON employees donate for the hospitals that treat patients infected with COVID-19
The employees of the E.ON companies in Romania have decided to get directly involved in a fundraising campaign through which…
The number of work contracts suspended since the declaration of state of emergency exceeded 950,000
A number of 952,929 individual employment contracts have been suspended since the entry into force of the state of emergency…
OMV Petrom will request next week an approval to produce biocides
Antibiotice Iasi has asked for an approval to start the production of two types of biocides, and OMV Petrom will…
France will record the worst recession since 1945
France will register in 2020 the worst economic recession since the end of the Second World War, Economy Minister Bruno…
IMF Director: The recession caused by the coronavirus is worse than the 2008 crisis
The coronavirus pandemic has paralyzed the world economy and has thrown the world into a recession that will be “far…
EU carbon market emissions (excluding aviation) fell 8.7% in 2019
Greenhouse gas emissions regulated under Europe’s carbon market fell by 8.7% last year, according to preliminary like-for-like European Commission data…
Bodea, Adrem: The energy industry will be in third place as a negative impact after tourism and transport
The pandemic has thrown unpredictability on the Romanian economy, in an already unpredictable and insecure environment, says Corneliu Bodea, CEO…