World Bank

World Bank projecting Romania's economic growth at 0.3pct in 2020

The World Bank has revised significantly its estimates of the Romanian economy's advance this year, down to 0.3 percent from 3.8 percent, as projected three months ago, but growth would gradually bounce back in the second half of 2020 and further accelerate in 2021 to 4.4 percent, according to the World Bank's economic update spring 2020.

WHO warns of global shortage of medical equipment to fight coronavirus

The World Health Organization (WHO) on March 3 warned of a global shortage and price gouging for protective equipment to fight the fast-spreading coronavirus and asked companies and governments to increase production by 40 percent as the death toll from the respiratory illness mounted.

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