Romanian Minister of Finance: We Keep Our Initial Estimation of 1.9% GDP Drop for 2020
Despite the most recent estimations from the European Commission, which foresees a drop of 6% of the Romanian GDP, the Romanian minister of Finance, Florin...
Tag : Romanian economy
Romanian Restaurant Owners Start ‘White Ribbon Protest’ Against Authorities
After being in lockdown for months, not being able to run their business, restaurant owners who were allowed to open only their terraces are now...
Does Romania Prefer Germany to the US as a Strategic Partner?
July 4th, the Independence Day and the most important American holiday, was celebrated in advanced in Bucharest. The reason for this is the fact that...
Romanian Government Promises EUR 100 B for 10 Years Economic Recovery Plan
Romania is one of the last European countries to announce its economic recovery plan. This is not something strange, though, as the Romanian president stated...
Romanian PM to Present Economy Relaunch Program on July 1
Romanian PM Ludovic Orban finally made the announcement waited by the Romanian entrepreneurs. On July 1 he will present the relaunching program of the Romanian...
Romanian Hospitality Business Owners to Sue Romanian Government if the Restaurants Do Not Reopen
Romanian hospitality business owners announced that they will sue the Romanian Government for undermining the national economy, if the restaurants from the hotels do not...
Romanian PM Tells EU Ambassadors ‘Economy Is a Priority’, Does the Opposite in the Country
On Tuesday, June 9, Romanian PM had an intervention during a video conference organized by the Croatian presidency of the EU with the EU states...
Romania Avoids Being Downgraded to Junk by S&P
Standard&Poor’s Global Rating decided on Friday, June 5, to maintain Romania’s rating at BBB-/A-3, with a negative outlook. The decision of the American rating agency...
Romania to Access EUR 5 Billion from SURE to Mitigate Unemployment Risk
According to the Romanian minister of Finance, Romania is to access EUR 5 billion from SURE, the European instrument proposed by the European Commission. SURE...
First Signs of Recession in Romania in 2020. Is the Government Able to Avoid It?
Romania was on a good economic trend before the COVID-19 pandemic. The GDP had been increasing for the last 3 years in a row and...
