Category: ȚUCA ZBÂRCEA & ASOCIAȚII

Approval of the rules regarding the granting of facilities in relation to the loans offered by credit institutions and non-bank financial institutions to certain categories of debtors

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Decision No. 270/2020 for the approval of the Rules for the application of Government Emergency Ordinance No. 37/2020 on the granting of facilities in relation to the loans granted by credit institutions and non-bank financial institutions to certain categories of… Read moreApproval of the rules regarding the granting of facilities in relation to the loans offered by credit institutions and non-bank financial institutions to certain categories of debtors

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

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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

Facilities regarding the repayment of loans granted by credit institutions and non-bank financial institutions to certain categories of debtors

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Emergency Ordinance No. 37/2020 on the granting of facilities in relation to the loans granted by credit institutions and non-bank financial institutions to certain categories of debtors (“GEO 37/2020”) was published in the Official Journal of Romania on 30 March… Read moreFacilities regarding the repayment of loans granted by credit institutions and non-bank financial institutions to certain categories of debtors

New fiscal measures in the context of the economic difficulties caused by the COVID-19 epidemic: corporate income tax and VAT for certain imports

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In the context of the economic and financial difficulties caused by the spread of the COVID-19 virus, the Romanian Government has adopted the Emergency Ordinance No. 33/2020 regarding certain fiscal measures and the amendment of certain normative acts, published in the… Read moreNew fiscal measures in the context of the economic difficulties caused by the COVID-19 epidemic: corporate income tax and VAT for certain imports

Details concerning a new set of measures to be complied with while the state of emergency is effective

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On 24 March 2020, a new military ordinance was passed – Military Ordinance No. 3/24 March 2020 (“Ordinance No. 3”) – which enforced new and more restrictive measures that must be observed throughout the state of emergency, which has come… Read moreDetails concerning a new set of measures to be complied with while the state of emergency is effective

Emergency Situation Certificates: How to obtain them and what are their legal effects

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This document contains a summary of the main provisions of Order No. 791/25 March 2020 of the Ministry of Economy, Energy and Business Environment (the “Order”), which sets forth the procedure and conditions in which Emergency Situation Certificates (“ESC”) are… Read moreEmergency Situation Certificates: How to obtain them and what are their legal effects

Granting days off to parents to supervise their children in case of temporary closing of education institutions

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Law No. 19/2020 on granting days off to parents to supervise their children in case of temporary closing of educational institutions (“Law 19/2020”) was published in the Official Gazette, Part I, No. 209, dated 14 March 2020 and entered into… Read moreGranting days off to parents to supervise their children in case of temporary closing of education institutions

Amendments to the Romanian Criminal Code. New offenses and more severe sanctions for disregarding obligations to prevent and combat the spread of contagious diseases

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The current context of the rapid spread of COVID-19 virus has led to the adoption of an exceptional and expedient set of measures, including in criminal matters, to limit the infection of the population. These measures were taken, among other… Read moreAmendments to the Romanian Criminal Code. New offenses and more severe sanctions for disregarding obligations to prevent and combat the spread of contagious diseases

Romania activated the derogation from the application of the provisions of the European Convention of Human Rights in the context of the state of emergency generated by the COVID-19 epidemic

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Article 15 of the European Convention of Human Rights (ECHR) provides for the possibility of the signatory states to derogate from the provisions guaranteeing the protection of fundamental human rights to the extent strictly required by the public danger situation… Read moreRomania activated the derogation from the application of the provisions of the European Convention of Human Rights in the context of the state of emergency generated by the COVID-19 epidemic