Romania: Encouraging signs for the economy

Romania: Encouraging signs for the economy

According to the latest figures released by the Ministry of Labor and Social Protection, the Romanian economy is showing signs of recovery. According to the new data, the number of hired workers in temporary layoff decreased by almost 130,000 in two days. The local automotive industry is gradually resuming operations as large companies including Dacia, Michelin, Continental have announced a partial resumption of production, while textile factories have changed their line of production and are now manufacturing medical equipment to avoid forcing their employees in temporary layoff. In addition, according to press reports, 400 Dacia employees are back to work since yesterday, Tuesday.

For his part, European Funds Minister Marcel-Ioan Boloș told RFI that the government is currently preparing a bundle of measures to support the economy, with special focus on SMEs and the continuation of the national employment and social integration program, based on European funding. /ibna