COVID-19 crisis

54% of Romanians state their current financial situation is weak; Almost 50% of consumers in Romania have experienced reduction in income and savings during the last period; Less than 33% have been able to reduce household…

As some of the first in Europe to lift lockdowns, Central & Eastern European countries should see growth rebound in 2H 2020. Uncertainties around the duration of the Covid-19 crisis and exposure to uneven Western European recovery are…

AmCham Romania believes that Standard & Poor’s maintaining of Romania’s sovereign rating at “BBB- with a negative perspective” reflects the realities faced by the national economy after the shock generated by the COVID-19 pandemic. The…

The European Union (EU) and the Romanian Government are to make available up to 1 billion EUR to support the growth in the key sectors of the economy. The targeted companies are the ones that seek for investments into the development of…

The leading European network of healthcare innovators has opened “a collaborative platform” where innovators, scientists, healthcare professionals, and organisations can set-up cross-regional partnerships to find solutions to the COVID-19…

Banks have received so far around 150,000 requests from clients to delay payment of their mortgages. The Government's emergency ordinance that allows Romanians to ask for the postponement of their mortgages for the next 9 months has come…

AmCham Romania calls for a firm support of the education system, impacted by the disruption generated by the COVID-19 crisis, by focusing the Government’s efforts on cross-cutting measures to ensure the continuity of the educational process…