Situation of COVID-19 cases in Romania
- COVID-19 infections in Romania, still on the rise: 4,902 new cases of COVID-19 have been reported in Romania in the past 24 hours, out of 34,466 conducted tests. The number of victims made by the pandemic in our country is also on the rise: 98 deaths reported in just one day. The number of patients in intensive care is also up: 778.
Political and regulatory
- Romania’s president says lockdown is not being considered: The national authorities are not currently considering a lockdown, president Klaus Iohannis said at a press conference on October 21, when Romania reported close to 5,000 new Covid-19 cases. The focus is instead on limiting the spread of the virus and allowing essential activities to continue. He explained that the same approach applies to the parliamentary elections.
- PSD’s Ciolacu reacts to Iohannis’ speech: President Klaus Iohannis remains “on the political agenda of a single party, PNL [the National Liberal Party]”, the Social Democratic Party (PSD) leader Marcel Ciolacu said on Wednesday evening. He added that he had talks with other political leaders represented in the Legislature about the date of the parliamentary elections and that he is waiting to see what President Klaus Iohannis will do with the law on the parliamentary elections he has for promulgation. “If the law is returned to Parliament, we will vote on it again,” he said. PSD on Wednesday stated, after the press conference held by President Iohannis, that the latter still didn’t come with any proposal of a measure to combat the pandemic.
- Romania’s planned center-right coalition under threat as would-be allies accuse each other of betrayal: The potential center-right coalition between Romania’s ruling National Liberal Party (PNL) and reformist USR-PLUS alliance, expected to form the new Government after the December 6 elections, is under threat due to mounting tensions between the two sides.
- Bucharest’s mayor-elect says Social Democrats are delaying the start of his mandate: Bucharest’s mayor-elect Nicușor Dan said he would have to wait at least one more week to start his mandate because of appeals filed by the Social Democrat Party (PSD). The PSD city councilors filed 52 appeals contesting the Court’s decision to validate his mandate, Dan announced. The Bucharest Court of Appeals will discuss them on Monday, October 26.
- Cluj-Napoca mayor says 14.4-km subway will take 11 years to complete: The pre-feasibility study for Cluj-Napoca’s subway project is ready, and the Local Council will discuss it in its next meeting, mayor Emil Boc announced on Wednesday, October 21. He said that the 14.4-km route would cost nearly EUR 1 billion, and the project’s implementation will take 11 years.
- USR’s bill banning persons with final convictions to take over top jobs at ANRE rejected: The Senate on Wednesday rejected, in its capacity as decision-making body, the legislative proposal initiated by a group of USR (Save Romania Union) MPs, which prevented persons who received final convictions to run for the top jobs at the National Agency for Energy Regulation (ANRE).
Impact on the economy
- Open letter against 40 pct increase of pension point: A 40 percent increase of the pension point at this moment must be avoided, because the economy cannot support it, and should the measure be implemented, the gradual fiscal/budgetary consolidation that would protect the economic recovery will come under pressure, reads an open letter signed by Academician Aurel Iancu, Fiscal Council president Daniel Daianu, chief economist of the National Bank of Romania Valentin Lazea, Alpha Bank Romania chief economist Ella Kallai and founding economist of the Consilium Policy Advisors Group, Laurian Lungu, according to AGERPRES.
- Romanian Govt. defers corporate tax deadline by another two months: Romania’s Government extended by two months, until December 25, the moratorium that allowed companies to defer their payments to the state budget during the coronavirus pandemic. Under the emergency ordinance drafted by the Government, these companies will be allowed to fill their tax returns and make the payments before December 25, compared to the initial deadline of October 25, finance minister Florin Citu announced, quoted by Agerpres. Furthermore, he confirmed that the companies in HoReCa would be waived the specific taxes for the rest of this year, and the local administration would be allowed to cut the property taxes for the owners of non-residential buildings that had their activity restricted during the year. The Government will endorse the emergency ordinance with all these fiscal facilities for companies on October 22.
- President of BGK: By the end of the year the Three Seas Fund is expected to have 1 billion euro at its disposal: “By the end of this year, the Three Seas Fund, founded by BGK and the Romanian Exim Bank, should have 1 billion euro at its disposal,” Beata Daszynska-Muzyczka, President of BGK and of the Fund’s Supervisory Board, told the Polish Press Agency (PAP).
- Israeli Ambassador: Brasov Airport could be the gateway for tourists wanting to see Transilvania: Brasov Airport has all chances to become the gateway for tourists who want to see the beauties of Transylvania, Israel’s ambassador to Bucharest, David Saranga, said on Wednesday, adding that he impressed last year when he first found out about this project.
- FinMin Citu: Consumption in Romania looks good given the circumstances: Consumption in Romania looks good, given the circumstances, and to keep it that way, in an economy that contracts by 4% this year, at the level of an increase by 4% in 2019, is ok for the time being, Finance Minister Florin Citu said on Wednesday. The Romanian Brewers Association organised on Wednesday the annual event of the local beer industry under the slogan “Beer honours Romania”. The beer industry, a market valued at one billion euros, will register a decrease this year due to the temporary closure of HoReCa units due to the COVID-19 epidemic, said the representatives of the Romanian Brewers Association.
- Romanian entrepreneur markets resorts as remote work locations: Romanian entrepreneur Dragos Anastasiu, the founder of the Eurolines group, plans to attract corporate employees working remotely to two resorts in the Danube Delta and Transylvania, where they can mix work and leisure activities. “Instead of work-from-home, we will have work-from-hotel, where, for a small sum, they can do the same work, just not closed off inside their apartments but by enjoying the fresh air and all the facilities they need – internet, Zoom, conference halls, etc. Besides work and meetings, they can fully enjoy nature,” Anastasiu said.