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Renewable energy sector is expected to bounce back quickly despite the impact of COVID-19

The latest index considers the potential impact of the pandemic, looking at the resiliency…

ERNST & YOUNG…
The reverse of generous support programs at European level - who pays?

Review by Dan Badin, Fiscal Services Partner, Deloitte Romania

DELOITTE ROMANIA
International reserves – May 2020

On 31 May 2020, the National Bank of Romania’s foreign exchange reserves stood at…

Libra Internet Bank updates its core-banking system to develop new applications useful to customers

Libra Internet Bank becomes the first bank in Romania to use the R19 version…

The Rise of “Purpose-Driven” Businesses During COVID-19

Many businesses have managed to pull through by putting people ahead of profits

Deloitte State of Consumer Tracker: health concerns dominate the European consumers over financial and employment distress in the era of COVID-19

Impacted on so many levels by anxiety, the consumer mindset and behavior have shifted…

DELOITTE ROMANIA
Managers expect relative stability in construction and retail activity over the next three months

Among the activities that will register the most significant decreases we mention: the creative…

The evolution of household consumption in the context of COVID-19

In the first quarter of the year, as a result of the panic caused…

The temporary framework for state aid to support the European Union economy undergoes changes for the second time in the context of the COVID-19 outbreak

Author: Mihaela Mitroi, Partner, Fiscal and Legal Assistance, EY Romania, leader of the fiscal…

ERNST & YOUNG…
Reopening and pivoting of companies

Author: Constantin Magdalina, Emerging Trends and Technologies Expert

PwC Romania Survey: 65% of companies didn’t apply measures to reduce employee costs in the first two months of the state of emergency

Cost-cutting companies have adopted a mix of measures applied differently depending on employees’ positions

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