Optimism, fears and hope

30 July 2021
According to the latest business opinion polls, the main concerns of the company managers are: pandemics (52%), cyber threats (47%), over-regulation (42%), public policy uncertainty (38%) and uncertain economic growth (35%), a recent PwC study shows. Hence it is not just the pandemic that scares. The real economy is also afraid of the way the governments react to crisis (over-regulation, over-taxation). Many fear that the changes in fiscal policy caused by the increase in the level of public debt during the pandemic could lead to an increase of the total fiscal obligations of the organizations in the post-pandemic period.

What is a sabbatical good for?

30 July 2021
In the Western world, more and more employees are experiencing signs of burnout. According to an American study from last year, about 75% of them are concerned by this. In this context, it is no wonder that people think about stepping out, having a break. The sabbatical leave is one of the most popular ways to do that. A sabbatical is a time-off period from your work, paid or not, without losing contractual relations to the employer. A recent English study shows that 15% of employers already offer this possibility to their staff.

Digitization - opportunities and challenges for entrepreneurs

30 July 2021
This last year, Romanian business market became more and more preoccupied with digitalisation. From this point of view, the pandemic has been for entrepreneurs a time for reflection, and the results shall materialise in the near future. If we are to identify a positive aspect of the pandemic context, I think about expediting the digitalisation process.

We are proud to invite you, all year long, at the open-air exhibition “Personalities of Greeks who played an important role in the history of Romanian from antiquity to the present day” that currently takes place in the Romanian Academy and the Embassy of

30 July 2021
The exhibition has as roots the celebration of the 200 years since the start of the Greek Revolution of 1821, on the initiative of the Cultural Association of Greeks in Romania “NOSTOS” with the support of The Hellenic Romanian Bilateral Chamber of Commerce and under the auspices of the Embassy of Greece to Romania.

The article which is overtaken by events before publication – hopefully…

30 July 2021
Recent days have seen many positive news items about the progressive lifting of COVID restrictions and the return to what we used to regard as normality. This has coincided with my first business trip from Romania back to the UK, after getting my second vaccination in Bucharest at the end of May.

NRCC White Paper: Defining the „New Normal” and a Roadmap for Economic Recovery

16 July 2021
According to a survey conducted by the Netherlands Romanian Chamber of Commerce (NRCC), one of the most active bilateral chambers in Romania, 70% of the respondents indicated to require support in the area of advocacy. The organization, which has been supporting and promoting the Dutch-Romanian business community for more than 15 years, has recently published an extensive White Paper which summarizes the priority areas and policy recommendations of NRCC for the next period.

Risks, regulations and cryptocurrencies

28 June 2021
Cryptocurrencies are digital money created by a programming code. A cryptocurrency is not issued by a bank or central authority and it is therefore virtually immune to any governmental manipulation or any interference by any state authority. This time however, the lack of regulation does not offer absolute freedoms to the investors, yet it brings about especially significant risks.

Kudos for dreaming big

28 June 2021
The COVID pandemic has not hurt only the hospitality and event business, which are only the most obvious and visible victims with a large number of directly affected people. Less evident to the public, global semiconductor chip shortages led to huge manufacturing problems at automobile plants all over the world, many of them having to stop production for certain periods of time and incurring big losses.
The exchange rate
1 Leu
27 November 2021


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