PwC: 37% of businesses have fully or partially interrupted activity, 27% will apply for technical unemployment
About 37% of companies surveyed have fully or partially interrupted their operations after declaring the state of emergency due to…
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Economics&Markets
Capping in energy means chaos, might lead to price increases and shortages
The prices for electricity and heat, gas, water and fuel have been capped during the state of emergency, through the…
After BRD, BCR also reduces growth forecast for this year to -4.7%
After BRD noted in a report that this year the economy will contract with 3.9% in the basic scenario and…
INS: SME managers expect to reduce activity by at least 50%
Small and medium-sized businesses will be most affected by the coronavirus pandemic, and their managers have estimated as the main…
Minister of Economy: We must be prepared to have a post-crisis scenario
The authorities must be prepared to have a post-crisis scenario and this is what the representatives of the Ministry of…
Methodology for requesting and issuing Emergency Situation Certificates, published in the Official Gazette
The emergency certificates will be blue, for the companies that have the activity totally or partially interrupted, and yellow, for…
Popescu: If this crisis will last 1-2 months, budget deficit may grow at 5%
Romania’s budget deficit will reach around 5%, if this crisis caused by the coronavirus pandemic will last for one or…
Corona crisis hits German carmakers during crucial transition period
The production stops and far-reaching sales collapse in the automotive industry is hitting Germany’s major carmakers at a crucial time…
Frames analysis: ”The Black Monday” of the economy
Over 300,000 companies in Romania will be affected by the second wave of the economic crisis, many of them starting…
Germany and Netherlands ”open” to consider ”coronabonds”
Germany and the Netherlands, two of the staunchest opponents of the idea of issuing common debt in the eurozone, would…
Industry production stops set to slash Germany’s energy demand, lowers CO2 certificates cost
The extensive suspension of Germany’s industrial production in a bid to slow the spread of coronavirus will have a substantial…
Energy prices are falling, in line with the region, as demand dwindles
Bogdan Tudorache Spot market prices in Hungary and Romania fell for Saturday trades by about 11% compared to the previous…
European countries will be able to grant financing up to 800,000 euro per company
The European Commission has adopted a temporary framework to allow Member States to use all the flexibility provided by state…
Minister of Economy: Emergency certificates will be issued online and at no cost
Emergency certificates for companies whose activity is affected by the coronavirus crisis will be issued online and free of charge,…
German economy heading for deep slump
The German economy faces a deep recession due to the lockdown in response to the coronavirus pandemic, potentially exceeding by…
Romania can access 3 bln. euro from the fund announced by the European Commission
European money is the next thing to look at, and Romania can access 3 billion euro from the 37 billion…
Minister of Economy: The emergency certificate for companies will be required from April 2020
The emergency certificate issued by the Ministry of Economy will be required for companies starting with April 2020, because the…
Minister of Finance: A crisis for which there are no lessons from the past; we are ready for new measures
Authorities intend to restart the economy immediately after the emergency ceases, and are prepared to come with other support measures,…
In online mood – our tools; factual information, balance and dialogue – our values
In times of crisis, extreme positions take the center of public debate. In part, because life itself fills with terms…
Panic on the stock markets decreases the quotations of the emission certificates, for the benefit of the CE Oltenia
Recent declines in world stock exchanges and lower barrel prices have led to a decline in carbon emissions certificates (EU-ETS).…
Cîţu: Banks in Romania work on a mechanism for a longer period
Commercial banks in Romania are working on a mechanism for more relaxed conditions for customers, to be applied in the…
Bode: The coherence of the measures in the field of transport in the EU will directly determine the economic evolution of the European space
The coherence of the measures taken in the field of transport in the European Union will directly determine the economic…
RON continues to depreciate; the rate against euro, up to 4.8448
The leu depreciated on Tuesday with 0.206 subunits (0.43%) against the euro, the European currency reaching a new historical high,…