horeca

The stabilization of the epidemiological situation and the increase of the vaccination capacity in April and May are "clear and safe prerequisites" to defeat the SARS-CoV-2 virus, says Prime Minister Florin Citu, on Thursday, recalling that he announced "Romania's return to normalcy" as of June 1.

The Ministry of Economy has a budget of 6.6 billion lei for 2021, 92pct of which will go on 3 state aid schemes, namely the one for HoReCa, the arrears for Start-up Nation and the one intended for films, Minister Claudiu Nasui wrote on Facebook, on Friday. "I have always wanted to see that the ministers understand and present their budget.

The large-scale shutdown in many economic sectors, in an effort to limit the spread of the COVID-19 pandemic, as well as the sharp compression of consumer demand, along with the decline in foreign demand, make a severe contraction of the Romanian economy in Q2 very likely, read the minutes of the Central Bank's Board monetary policy meeting published on Friday.

Prime Minister Ludovic Orban has stated on Monday that the Government will put into practice a plan based on the principle "of producing in Romania what can be produced in Romania," mentioning that he will also set up a scheme to guarantee loans for companies that cannot access IMM Invest (programme for SMEs) .

Romania-based companies operating in sectors such as HoReCa, processing, light manufacturing, agriculture, construction and services have hired in recent years foreigners from non-EU states, most of them hailing from countries with a standard of living below Romania's, shows a Smartree survey.