Romania proposes temporary capping of prices for coronavirus medicines

On 31 March 2020, the Romanian Senate adopted a draft law that caps the prices of over-the-counter (OTC) medicines included in the protocol for the treatment of the infection associated with the SARS-Cov-2 virus (coronavirus), which was approved by Order No 487/2020 of… Read moreRomania proposes temporary capping of prices for coronavirus medicines

COVID-19: Financing Agreements. Implications

In the context of the worldwide spread of COVID-19 (coronavirus), which is increasingly disrupting supply chains, manufacturing, energy demand and transportation, impacting as well a wide range of industries, businesses in virtually any sector are likely to be affected. Such… Read moreCOVID-19: Financing Agreements. Implications

RLWeek March 30-April 5, 2020: EGO regarding electronic registers by economic operators amended. New fiscal measures adopted in the context of COVID-19. EGO regarding the state of siege and state of emergency amended. Order regarding certificates for emergency situations amended

EGO regarding electronic registers by economic operators amended. On Monday, the 30th of March 2020, the Ministry of Public Finances set for public debate a draft decision amending and supplementing the Methodological norms for enforcing Emergency Government Ordinance no. 28/1999… Read more<strong>RLWeek</strong> March 30-April 5, 2020: EGO regarding electronic registers by economic operators amended. New fiscal measures adopted in the context of COVID-19. EGO regarding the state of siege and state of emergency amended. Order regarding certificates for emergency situations amended

Romania Guidance for Public Procurement procedures in times of COVID-19

On 16 March 2020, the Romanian President declared a state of emergency for the next 30 days to limit the spread of COVID-19 and manage its effects (the “State Emergency Decree”). Neither the State Emergency Decree, nor the subsequent military… Read moreRomania Guidance for Public Procurement procedures in times of COVID-19

PwC Romania study: 90% of companies believe that deferral of tax obligations payment is the most useful of the fiscal measures taken in the current context

The postponement of the fiscal obligations payment without the establishment of the accessories up to 30 days from the cessation of the emergency state is considered the most useful measure taken by the government in the context of the COVID-19… Read morePwC Romania study: 90% of companies believe that deferral of tax obligations payment is the most useful of the fiscal measures taken in the current context

Technical unemployment in the economic and social context of the COVID-19 outbreak. Latest updates

The nationwide state of emergency, instituted by Presidential Decree No. 195/2020 (the “Decree”) due to the COVID-19 epidemic has imposed certain restrictive measures, including as regards the activity of the business operators. In this context, one cannot ignore that, absent… Read moreTechnical unemployment in the economic and social context of the COVID-19 outbreak. Latest updates

Note on how the national courts will reason upon the requests for additional evidences in appeal when the Suspension of civil procedures due to COVID-19 crisis will cease and the activity in courts will be resumed

Good news from the High Court of Romania! Even though most of the civil cases are suspended ex officio throughout the state of emergency instated by the Decree no. 195/16.03.2020, the High Court ruled on the 30th of March, in… Read moreNote on how the national courts will reason upon the requests for additional evidences in appeal when the Suspension of civil procedures due to COVID-19 crisis will cease and the activity in courts will be resumed