outbreak

The coronavirus (Covid-19) outbreak has prompted advanced economies to unveil extraordinary fiscal measures. So far this year G20 countries have announced stimulus programmes worth around US$11trn (or nearly the size of the Japanese, German…

Siret town in Suceava county has entered the red scenario, so all schools, restaurants and cafes have been closed and religious services are to be officiated only outdoors. The action comes after the incidence of COVID-19 cases per 1,000…

The PM of the federal state of North-Westphalia in Germany, Armin Laschet, has stated that it was the Romanians and Bulgarians who brought the Coronavirus in Germany recently, and not the lift of restrictions. The official said the COVID-19…

The former general manager and former medical director of the Suceava County Hospital are criminally prosecuted, next to other two suspects, for abuse of office and for not taking the necessary health and security measures and for foiling…

Update Monday: Coronavirus death toll has climbed to 972 on Monday morning, May 11. Overall, 15, 558 COVID-19 infections have been reported in Romania by Monday, with 226 new ones in the past 24 hours. 7,245 infected people recovered,…

Bittnet Training, operating on the IT Training market in Romania, and Equatorial together with their partners have carried out a study on the effects on COVID-19 outbreak on the learning and personal development processes in local and…

A new Coronvirus outbreak has been detected in a retirement home in Orastie, Hunedoara county, where 21 out of 30 elderly have tested positive for COVID-19. Five caretakers are also infected. This is the third outbreak in Romania, after two…

Turnovers of Eurozone companies could fall between -15% to -25% y/y at the peak of the crisis end of March in the context of the COVID-19 crisis, says an Allianz Euler Hermes research . Operating margins could be indented by  1.0pp to…

Over 200,000 Romanians who worked abroad have returned to the country since the outbreak of the novel coronavirus, with many of them coming from those EU countries strongly affected by the pandemic, PM Ludovic Orban said on Friday. "On…

The Foreign Investors Council in Romania says in a press release that the local business environment needs urgent measures to help Romania's economy remain functional, advancing 100 urgent actions that the Government should take to overcome…