Eurofound's EU PolicyWatch collates information on the responses of government and social partners to the COVID-19 crisis, the war in Ukraine, rising inflation, as well as gathering examples of company practices aimed at mitigating the social and economic impacts.
Factsheet for measure RO-2020-43/1709 – Updated – measures in Romania
|Country||Romania , applies nationwide|
|Time period||Temporary, 22 October 2020 – 30 September 2021|
|Type||Legislations or other statutory regulations|
Supporting businesses to stay afloat
– Deferral of payments or liabilities
|Author||Victoria Stoiciu (European Institute of Romania)|
|Measure added||14 January 2021 (updated 07 February 2022)|
The measure was taken with the goal to implement business-friendly fiscal measures that will diminish the effect of Government restrictions aiming to combat the COVID-19 pandemic - these restrictions have created financial difficulties for most economic operators, who are facing a severe lack of liquidity. The measure was motivated by the need to prevent taxpayers from accumulating new debts to the general consolidated budget which could lead to insolvency proceedings, as well as by the need to provide opportunities for economic recovery, especially for viable business taxpayers affected by the COVID-19.
GEO 181/2020 gives debtors the possibility of benefitting from payment instalments, for a maximum period of 12 months, for the principal and ancillary fiscal obligations, as administered by the central fiscal body, whose maturity was fulfilled after the state of emergency was declared and which have not been extinguished by the date of issue of the tax attestation certificate. To benefit from the payment rescheduling, the debtor must cumulatively meet the following conditions:
The exact number of beneficiaries is not known and there is not public official estimation about the number of companies that have requested the Governance Emergency Ordinance.
|Does not apply to workers||Applies to all businesses||Does not apply to citizens|
Company / Companies
No special funding required
Social partners' role in designing the measure and form of involvement:
|Trade unions||Employers' organisations|
|Form||Not applicable||Not applicable|
Social partners' role in the implementation, monitoring and assessment phase:
The Government Emergency Ordinance Draft was submitted to the Economic and Social Council, a consultative social dialogue body, which has issued an opinion on the draft, in accordanace with the legal provisions.
No public views or reaction have been expressed by social partners.
Eurofound (2021), Payment deferrals of the principal fiscal obligations, measure RO-2020-43/1709 (measures in Romania), EU PolicyWatch, Dublin, https://static.eurofound.europa.eu/covid19db/cases/RO-2020-43_1709.html
30 January 2023
Governments across the EU continue to implement policies to support citizens and businesses in the face of rising food and energy prices caused by the COVID-19 crisis and intensified by the war in Ukraine. This article summarises the policy responses as reported in Eurofound's EU PolicyWatch database from January to September 2022.Article
12 September 2022
Although the worldwide pandemic situation had already disrupted supply chains and triggered increases in energy and food prices in 2021, the situation deteriorated in 2022 with the Russian invasion of Ukraine.Article
12 September 2022
This article summarises the first policy responses that governments across the EU have started to implement to support companies affected by the rising prices, and those with commercial ties to Ukraine, Russia or Belarus.Article
Disclaimer: This information has not been subject to the full Eurofound evaluation, editorial and publication process.