Covid-19: Economic measures covering the banking and financial sector

News Press News 2020 Covid-19

Covid-19: Economic measures covering the banking and financial sector. Facilities in relation to loans granted by credit institutions and non-banking financial institutions to certain categories of borrowers The National Bank of Romania (the “NBR”) issued a press release on 24 March 2020, pursuant to which the current regulations allow the borrowers, banking and non-banking institutions,…

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New measures impacting certain categories of workers and professionals during the emergency state

News Press News 2020 Covid-19

Through the Military Ordinance no. 8/2020 published in the Official Gazette no. 301 on 10th of April, 2020, there were instituted a new series of measures to prevent the spread of COVID-19, which directly envisage certain categories of workers and/or professionals, as presented below.   (i) Exceptions from the circulation restriction during the emergency state…

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