ECONOMY
233 articole · RSS
AHK Romania: Parliament’s Decision To Raise Pensions By 40% Is A Major Risk For Local Economy
German companies in Romania, reunited in the Romanian-German Chamber of Commerce and Industry (AHK Romania), believe the Romanian Parliament’s decision to increase pensions by 40% represents...
Euler Hermes: Romanian Economy To See Biggest Quarterly Drop in 20 Years in 2Q
Romania's economy will witlessness its biggest quarterly decline in over 20 years in the second quarter of 2020 and the country's gross domestic product is expected to keep declining until t...
Banca Transilvania’s Andrei Radulescu Most Optimistic Economist About Romania’s Economy
Interest rates will remain at all-time lows and borrowing costs for Romania, although not dropping into negative territory, will tend towards eurozone levels. Under the circumstances, this i...
Analysts Doubt Government Figures, Expect Economic Downturn To Be Worse
Economic analysts believe the government forecast of an economic decline of merely 1.9% is overly optimistic. As a result, the budget deficit, 6.7% of the GDP as the government sees it, will...
Leroy Merlin Romania CEO: Return To Normal Will Take A Longer Period of Time
Frédéric Lamy, CEO of do-it-yourself retailer Leroy Merlin Romania, on Wednesday said this period will deeply change consumer behavior and people’s and companies’ way of thinking must change...
Decathlon CEO: Crisis Must Be Seen As Opportunity To Cut Red Tape, Speed Up Digitalization Of Public Institutions
Jean-Francois Mace, CEO of sporting goods retailer Decathlon, on Wednesday said the current coronavirus-led crisis must be seen by authorities and not only, as an opportunity to reduce burea...
Raul Ciurtin, Prefera Foods: Romanian State Must Invest Massively In Vital Sectors
Entrepreneur Raul Ciurtin, the founder of Prefera Foods, on Wednesday said that during this unprecedented period, the Romanian State must understand the country needs investments in infrastr...
Ioan Popa, Transavia: The Economy Must Be Restarted At Any Cost
Ioan Popa, President of Transavia Group, the largest poultry business in Romania, with more than 2,000 employees, believes the economy should be restarted whatever it takes, or many business...
Terapia Cluj CEO Dragos Damian Doesn’t Expect Romania’s Economy To Rebound Soon After Crisis
Dragos Damian, CEO of Terapia Cluj, the largest pharmaceutical manufacturer in Romania, says the COVID-19 pandemic will have a major impact on the country’s economy.