The National Committee for Emergency Situations (CNSU) updated on August 26 the list of countries with epidemiological risk. The countries/areas are rated as green, yellow or red, according to their COVID-19 incidence rate. Several countries were moved to the red list, including Switzerland, Liechtenstein, Bahamas, and the Maldives. Meanwhile, due to the rising COVID-19 incidence rate, states such as Bulgaria - a popular summer destination for Romanians, Serbia, Albania, Armenia, Slovenia, Japan, or the Philippines were moved from the green to the yellow list. At the same time, the United Arab Emirates, Kuwait and the British Virgin Islands are now on the green list. The updated lists are valid starting August 29, at 00:00. Travellers arriving from countries on the yellow list are exempt from the quarantine requirement if they are vaccinated or have a negative PCR test not older than 72 hours. If they come from the red zone, the test no longer exempts them from quarantine, but the vaccination does, according to Digi24. Children are also exempt from quarantine under certain conditions depending on their age.
Romania’s profit share, defined as the proportion of value added distributed by non-financial corporations to capital rather than labour, fell for the second consecutive year to 48.1% in 2024, Eurostat reported on December 7. The ratio was 40.0% on average in the European Union, with below-average ratios in more developed countries such as France (32.2%) […]
The pension law "brutally violates the independence of the judiciary" and "de facto eliminates the service pension for magistrates," according to the reasoning published by the High Court (ICCJ) along with its decision to refer the magistrates' pensions law to the Constitutional Court, Ziarul Financiar reported. ...
The Romanian state, in a document on December 5, expressed its intention to take full control of the National Airports Company of Bucharest (CNAB), which operates Otopeni Airport and Baneasa Airport, where the minority shareholder Fondul Proprietatea has a 20% stake, Ziarul Financiar reported. The...
Romania's Interministerial Committee for Supporting the Implementation of Reform 9 (CNR9), led by deputy prime minister Oana Gheorghiu, has selected 17 state-owned enterprises from a total of about 1,500 to undergo initial screening ahead of potential restructuring or liquidation. The decision marks the first stage of a wider overhaul programme announced by prime minister Ilie […]
The retail sales volume index in Romania recovered for the second consecutive month in October, when it increased by 0.9% m/m after the 1.3% m/m advance in September – but it was far from fully recovering the 4.0% m/m plunge seen in August as an effect of higher VAT rate enforcement amid already negative consumer […]
Romania’s total market production index (TMPI), a composite indicator compiled by Eurostat that combines four short-term business statistics indicators covering most of the market economy, increased by 4.2% y/y in Q3 - the sharpest rise in seven quarters (+0.3% y/y in Q2) and twice the 2.1% average advance in the European Union. The seasonally-adjusted index […]
