Reflections from our correspondents on the ground in the Romanian capital.
March 25, 2020
The sole tangible aid extended by Romania’s government to firms is a promise to pay unemployment benefits to 75% of the employees whose labour contracts are suspended as a result of the crisis. But even this is tricky, managers say.
December 5, 2019
Romania’s new government is preparing to undo some of the measures taken by its predecessors that dismayed investors, but with a shaky majority and elections already looming the scope for improvements is limited.
August 28, 2019
Romania’s ruling coalition has collapsed and the government’s future is unclear, but after years of top-level personnel changes, policy reversals and mass protests, investors are already used to the climate of uncertainty.
January 8, 2019
Once a staunch enthusiast for deeper EU integration, Bucharest has been engaged in a war of words with the European Commission over the controversial overhaul of criminal and justice legislation.
September 28, 2017
Tightening labour markets are undermining the investment case for Central Europe, but its labour productivity and infrastructure still give it an advantage.