impact

The COVID-19 pandemic has been an unwelcome reminder of how much health matters for individuals, society, and the global economy. It has exposed deep vulnerabilities in both healthcare systems, people’s underlying health, social structures…

Companies are looking to innovate, improve their offerings and client support, optimize processes, and enhance communication. 2Checkout, the all-in-one monetization platform for global businesses, has today announced the…

According to Atlas VPN survey, 40% of startups saw their revenue drop by 40% or more during the COVID-19 pandemic. It turns out that the pandemic’s impact on startups’ income varies greatly depending on the industry the new company is in:…

Central and Eastern Europe’s tight integration with western European economies together with local measures to contain the Covid-19 pandemic will lead to significant output losses in 2020, says a Scope Ratings survey. Scope Ratings says…

The negative impact of the COVID-19 pandemic on the economy is anticipated to be substantial in Romania, at least in the first half of 2020, warns the latest World Bank report on the coronavirus pandemic's impact on the national economies.…

The National Institute of Statistics has surveyed, as a first, the impact the novel Coronavirus is having on the Romanian economy. Data revealed there is currently a great incertitude on the local market, with one manager in five saying…

The package of measures announced by the Government to help companies and employees affected by the new coronavirus epidemic is exceeding RON 30 billion (over EUR 6 billion), which means over 2 percent of GDP, said the Head of the PM's…

President Klaus Iohannis has signed the decree promulgating the Public Pensions Law, says a Presidency press release on Monday. The law has been adopted at the last minute by the Chamber of Deputies in the last week of the parliamentary…

In a letter addressed to the Parliament speakers, Calin Popescu Tariceanu and Liviu Dragnea, and to the chairmen of the legal committees in the Senate and the Chamber of Deputies, as well as to Florin Iordache, chairman of the special…

Finance Minister Eugen Teodorovici told TVR public broadcaster on Tuesday evening that the minimum wage might be increased before January 1, 2019 up to RON 2,050. "There are chances. This analysis is under way at the Finance Ministry,"…