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A year of pandemic in HoReCa. Support measures taken in Romania and in other European countries

A year of pandemic in HoReCa. Support measures taken in Romania and in other European countries

Opinion material by Camelia Malahov, Direct Taxes Director, and Anca Preda, Senior Direct Taxes Consultant, Deloitte Romania

 

 

The hospitality sector (HoReCa), an important pillar of the Romanian economy, which contributes almost 5% to the gross domestic product and provides more than 4% of all employees with individual employment contracts, is one of the areas that have been and continue to be severely affected by the COVID-19 pandemic. The measures taken by the state in support of this sector last year were welcome, but the experience of other countries shows how they could be improved.

For more information, please see the Romanian version of the article, here.

 

Authors

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DELOITTE CONSULTANTA SRL