Business report: Roll of promises in PSD program. 100,000 layoffs in tourism by the end of the year. The crisis will be felt more strongly in the first quarter of 2021 – Finance & Banking



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Roll of promises in the PSD program: further increases in pensions and wages ● 100,000 layoffs in tourism by the end of the year ● GRatuidad in local and county transportation, of any kind, for all students ● How expensive were apartments in the capital in September? Regional leader in dropping out of education ● PTo support a family with two children in Bucharest, at least one parent must have an above-average salary ● Enoiu: The crisis will be felt more strongly in the first quarter of 2021 ● List of locations in Romania where restaurants and cafes have been closed since October 7 ● What will the new post-pandemic economic reality look like?

Roll of promises in the PSD program: new pension and salary increases. The shadow prime minister of the PSD, Sorin Grindeanu, presented the government program for the period 2021 – 2024, the economy and taxes section. PSD continues Liviu Dragnea’s strategy of 2016 when, during the election campaign, it focused on the economic program, especially on increasing pensions and salaries. Four years ago the PSD did not present any justice program, but then it intervened brutally in this field. Among those who worked on the government program of the parliamentary election campaign is Professor Cristian Socol, who also contributed to the 2016 program, being a strong supporter of wage growth. At the conference at the PSD headquarters, together with Sorin Grindeanu was Senator Radu Oprea, who voted in 2017 on the motion of censure filed against his own party colleague, write Free Europe.

President of the Romanian Federation of the Hotel Industry: 100,000 layoffs before the end of the year / Losses of 3 billion euros. Călin Ile, President of the Romanian Federation of the Hotel Industry, says that approximately 100,000 employees in the HoReCa sector will be laid off by the end of the year, and the industry will suffer losses of three billion euros following the government’s decisions due to the pandemic of coronavirus. He said Tuesday’s decision by the City of Bucharest’s Committee on Emergency Situations to reopen restaurants and cafes was made without authorities providing any evidence that the sector had contributed to the spread of the infection. write punct.news.

All Students: Free local and county transportation of any kind, year-round. Students in accredited / licensed pre-college education will benefit from free county and local public transportation services, road, naval, subway, as well as rail to all categories of trains, Class II, throughout the calendar year. The provisions were adopted by the Senate on Wednesday, as a decision-making body of Parliament, by amending the Education Law, but to enter into force they must be promulgated by the head of state. The initiative belongs to the PSD, which also imposed a bill with similar provisions in Parliament at the beginning of the year, but which was declared unconstitutional. The draft also stipulated that all students could enter museums, concerts, theater, opera or film performances and other cultural and sporting events organized by public institutions for free. according to profit.ro

In September, in Bucharest, only the average sales price of three-bedroom apartments and the necessary rents for studios increased.
Only two categories of homes registered price increases, respectively, in the value of average rents in September, in Bucharest, according to the portal Anuncioul.ro. These are the three-bedroom apartments for sale that registered an increase in the average catalog price of 1.59% and reached the highest average value of this year, 93,071 euros, and the studios whose average rents requested by the owners increased by 1.53%, to 265 euros / month. Otherwise, all new or old apartments on the market experienced price reductions or average rents, write economica.net

Regional leader in school dropout. Romania ranked third in the EU in 2019 in the proportion of young people who dropped out of school and did not follow a form of vocational training, with a percentage of 15.3%, after Spain (17.3%) and Malta (16 , 7%). %).
The proportion of those who left school prematurely decreased across the European Union, from 11% in 2015 to 10.2% in 2019. The percentage of those who left school prematurely or a form of vocational training (denominated in lb “dropout early schooling “) refers to young people aged 18-24 who were not in some form of education at the time of the Eurostat survey in the four weeks prior to the statistical survey, write cursdeguvernare.ro

Costs of living in European capitals: to support a family with two children in Bucharest, at least one of the parents must have an above-average salary.. As promised, the last material of the day is also a numbers game. And this is what I was thinking / thinking about. I published a little earlier a material on the standard of living, based on a Deloitte score, which turns out that Romania is the worst in the European Union. We said let’s try to dig a little deeper into the analysis and see how things are in the major capitals of Europe. I put aside those capitals whose size is almost the size of the state and looked for relevant data elsewhere than in Numbeo. He had average net wages in these cities as of yesterday. We also look at how much general services (electricity, heating, air conditioning, water and garbage) cost to the inhabitants of European capitals). I wanted to see who pays the highest bills and how much they represent in an average net salary. Then we went further and extracted data on the average costs of a family with 2 children living in those cities. Obviously, we also compare them to the average net salary (possibly with two average net salaries). And this is what I have write FinEco24News.

Bogdan Enoiu, CEO of McCann WorldGroup Romania: The crisis will be felt most strongly in the first quarter of 2021. It is a complicated situation and there are strong countries that do not finish it. The media, marketing, and advertising industry will shrink 15-30% amid the pandemic. The economic crisis generated by the COVID-19 pandemic will be tougher in the first quarter of next year, said Bogdan Enoiu, executive director of the advertising and marketing agency McCann WorldGroup Romania, during the ZF Live business show. “The economy is very fragmented, there are areas that have been seriously affected, areas that have not been affected. I am afraid that the period from January to April next year will be difficult. The crisis will be felt stronger in the first quarter of 2021. It is complicated and there are strong countries that do not have a better situation, ”said Bogdan Enoiu. Considers that it is necessary to reform the entire system so that the country’s deficit does not register high values, such as the one forecast for this year, of around 20,000 million euros, that is, around 8% of Romania’s GDP, writes Ziarul Finance.

List of locations in Romania where restaurants and cafes have been closed since October 7. As of Wednesday, October 7, 2020, Bucharest restaurants and cafes have closed. The measure was taken after the number of cases of contagion increased alarmingly in the Capital. These measures have also been applied in other localities in Romania. In Ilfov, Daniel Tudorel Zamfir announced that restaurants and cafes in 13 towns were closed because the incidence rate of Covid-19 cases in the last two weeks exceeded 1.5 per thousand inhabitants. These are the towns of Berceni, Branesti, Bragadiru, Buftea, Chiajna, Chitila, Corbeanca, Dascalu, Domnesti, Mugurele and Otopeni, according to the official. cited by ziare.com.

What will the new post-pandemic economic reality look like?. The competitive advantages that Romania has. Six months after the outbreak of the coronavirus crisis, faced with the need to adapt to the new conditions of distancing, the behavior of both individuals and companies has changed significantly. Probably the strongest change in behavior was the way we travel. And especially the plane trip. Basically, at the beginning of the crisis, air traffic decreased by 99%. The effect on airlines and airports has been extremely strong, and many companies in this area have needed state aid to survive. Subsequently, as restrictions were lifted, traffic began to increase, but based on industry estimates, traffic will return to 2019 levels sometime in the 2025-2027 period. Air transport depends on two main components of travel demand: tourism and business travel, write projects.



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