Romania economy figures according to INS
In 2020, Romania’s GDP was down by 3.9 percent, according to figures issued by the country’s National Institute of Statistics (INS) on Tuesday. However, in real terms, the country’s GDP in Q4 2020 was 5.3 percent higher when compared to Q3 2020. Data published today could befurther reviewed as current reports were affected by challenges emerging from the coronaviirus pandemic. The pandemic has resulted in a dramatically large number of human lives being lost. As countries implemented necessary quarantines and social distancing practices to contain the pandemic, the world economy has been put in a so-called Great Lockdown.
Protests of Romania’s HoReCa workers
Renewed protests by Romania’s so-called HoReCa workers are scheduled in the capital Bucharest on Tuesday. Workers in the country’s struggling hospitality sector organised a new protest against restrictions imposed by Romanian authorities in their attempt to limit the coronavirus pandemic. Employers in the field called on Romanian government to provide the compensations it promised last year. At a meeting on Monday with HoReCa representatives, Economy Minister Claudiu Năsui claimed the government provided RON 2.5 billion in financial support for the HoReCa sector as included in the 2021 draft budget still under debate. However, the proposed recovery plan is economically unbalanced and politically biased, according to a statement last week of Marcel Ciolacu, leader of the left-wing opposition Social Democratic Party (PSD).
Romania coronavirus updates
Romania reported 2,676 new coronavirus cases on Tuesday with 81 deaths (42 men, 39 women) and 943 people under intensive care. In the capital Bucharest, the number of new cases hit 86, according to data issued by the country’s Strategic Communication Group (GCS). The Romanian capital is followed by the south-eastern county of Constantza (68 cases), the western county of Timiș (51 cases), the north-eastern county of Suceava (41 cases), and the southern county of Teleorman (35 cases).
Alexandru Danga, RADOR