Emergency Ordinance no. 37/2020 on the granting of facilities for the credits granted by credit institutions and non-banking financial institutions.
The European Insurance and Occupational Pensions Authority (EIOPA) warned, not long ago, that insurers would soon confront with a serious of progressively difficult conditions, both as regards the difficult market context, and the maintaining of operations, while taking measures to protect employees and clients.
The Ministry of Economy, Energy and Business Environment issued Order no. 791 of March 24, 2020 on the granting of emergency situation certificates to economic operators whose activity is affected in the context of the SARS-CoV-2 pandemic.
Pursuant to art. 8 of Law no. 202/1998 on the organization of the Official Gazette of Romania, any legal deeds referring to economic agents and to other categories of legal persons, and, consequently, also the deeds of companies functioning under the Companies Law no. 31/1999 shall be published in the Official Gazette of Romania, Part IV.
The Government of Romania adopted the emergency ordinance no. 11/2020 on medical emergency stocks, as well as some measures related to the instituting of quarantine, approved by Law no. 20/2020.
In the meeting of March 18, 2020, the Government has adopted measures for the regulation of certain aspects related to the current situation. Thus, the following legal acts have been adopted and published in the Official Gazettes no. 230 and 231 of March 21, 2020.
Many companies do not have the necessary cashflow to survive this period.
Considering the development of the international epidemiologic situation determined by the spread of coronavirus SARS-CoV-2, the President of Romania signed, on March 16, 2020 the “Decree for the Instituting of the State of Emergency in the Entire Territory of Romania”