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April 17, 2020 UPDATE

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April 17, 2020 UPDATE
April 17, 2020 UPDATE

, 17.04.2020, 19:22

MESSAGE In his Easter address on
Friday, president Klaus Iohannis told the Romanians that the number of
fatalities worldwide is on the rise and Romania hasn’t reached the pandemic’s
peak yet. All restrictions are still in place and any rule violation represents
a major risk, Iohannis added, urging the Romanians to stay at home and do not pay
visits to friends or relatives these days in order to minimize the risk of
contamination. The president has called on the authorities to remain vigilant
in the coming period. Over 36 thousand policemen, gendarme troops,
firefighters, border police, local police and army troops will be on duty
during the Orthodox Easter to enforce the measures imposed through the military
ordinances being also ready to intervene in any situations that might threaten citizens’
lives.








PROGRAMME A state-sponsored programme on supporting small and medium-sized
businesses to benefit interest-free and commission-free loans has today come
into effect in Romania. The sum allotted for this programme is 3.1 billion
euros for working capital and investment. Finance Minister Florin Citu said
this programme is addressing all small and medium-sized businesses in Romania,
not only those, which have been affected by the pandemic crisis. The programme
is aimed at kick-starting the Romanian economy and 600 thousand jobs will be
supported in the programme’s first stage. Companies willing to benefit from the
programme can register on the platform imminvest.ro.












TOLL Covid-19 has so far killed 400 and infected
8000 people in Romania. Roughly 1000 medical workers have been infected most of
them in Suceava, north-eastern Romania and in Bucharest. Romania’s Prime
Minister Ludovic Orban says that the pandemic’s peak is estimated in early May.
He has again called on citizens not to leave their homes unless absolutely
necessary. We recall that 1500 people have been successfully treated and allowed
to leave hospitals.












ORDINANCE Authorities in Bucharest have issued another military ordinance,
number 9. Among other things, the ordinance extends the ban on flights to and
from 10 countries: The UK, Northern Ireland, Belgium, the Netherlands, Turkey,
Iran, Italy, France and Germany. Under the same law, sailors are exempted from
being kept in isolation unless they present Covid symptoms as well as truck
drivers and plane crews. Under the same ordinance, the export of wheat and
other derived products has been banned in order for the state reserves to be
completed.












PANDEMIC Since its outbreak in China, the Coronavirus pandemic has killed nearly
150 thousand people the world over out of 2.2 million infected. The United
States has reported most of the fatalities 35,688 followed by Italy 21,647,
Spain 18,579, France with 17,167 and Britain 12,868. The crisis’ social and
economic impact has fueled concern among experts who believe the pandemic will
bring the end of economy as we know it. OPEC has anticipated for 2020 a sharp
drop in the crude demand worldwide due to the international economic blockage
caused by the pandemic. Some pundits believe that Italy, Spain, Greece and
Portugal are in for deep economic recessions. According to European Commission
Chief, Ursula von der Leyen, Europe needs a new Marshall plan for public and
private investment and the creation of new jobs.








(translated by bill)

July 25, 2025 UPDATE
Newsflash Friday, 25 July 2025

July 25, 2025 UPDATE

  VISIT – Romania and Austria have everything they need to build an even stronger economic partnership, Romanian President Nicușor Dan...

July 25, 2025 UPDATE
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Newsflash Friday, 25 July 2025

July 25, 2025

Visit – Romania and Austria have everything they need to build an even stronger economic partnership, the Romanian President Nicușor Dan said...

July 25, 2025
July 24, UPDATE
Newsflash Thursday, 24 July 2025

July 24, UPDATE

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July 24, UPDATE
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Newsflash Thursday, 24 July 2025

July 24, 2025

  RATING – Standard & Poor’s rating agency announced that it maintains Romania’s rating and the negative outlook in the...

July 24, 2025
Newsflash Wednesday, 23 July 2025

July 23, 2025

Measures – The governing coalition in Bucharest decided, following this morning’s meeting, to postpone until mid-August the adoption of...

July 23, 2025
Newsflash Tuesday, 22 July 2025

July 22, 2025 UPDATE

MEASURES The Romanian PM Ilie Bolojan and the deputy PM in charge of reforms, Dragoș Anastasiu, presented on Tuesday in Bucharest the measures...

July 22, 2025 UPDATE
Newsflash Tuesday, 22 July 2025

July 22, 2025

Measures. Higher VAT rates and other taxes and excise duties, bonus cuts and a cap on pensions and salaries are to come into force on August 1....

July 22, 2025
Newsflash Monday, 21 July 2025

July 21, 2025 UPDATE

Visit – The president of Romania Nicușor Dan has received an official invitation to visit the United States from the US president Donald...

July 21, 2025 UPDATE

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