Iohannis: PSD keeps desperately clinging to power mechanisms, 2020 - a turning point

President Klaus Iohannis said on Wednesday that the Social Democratic Party (PSD) continues to "desperately cling" to the power mechanisms and insists on thwarting reform initiatives; the President also stressed that 2020 is a decisive year.

PSD Senator Daniel Zamfir: Contracts for provision of services, utility supply, expressed in domestic currency

The contracts concluded for the provision of services or for the utility supply can be expressed only in lei, if both the issuers and the recipients are Romanian residents, stipulates a legislative proposal initiated by Social Democratic Party (PSD) Senator Daniel Zamfir. "As promised, I submitted the draft law on contracts and payment of invoices on Romania's territory.

Over 800 guests invited to Women in Economy 2020 Gala today

More than 800 guests are expected this evening at the Women in Economy 2020 Gala, an event that rewards business excellence. "The merits of the ladies who have changed the business world in Romania must be acknowledged. With a solid academic background, they succeeded in proving their worth in an extremely complicated environment.

NSI: The Total Business Climate Indicator Decreased by 0.8 Points in February 2020

In February 2020, the total business climate indicator decreases by 0.8 percentage points compared to the previous month as a result of the more unfavourable business climate in retail trade and service sector, the National Statistical Institute (NSI) said in a press release.

February’s manufacturing PMI strongest in last two years

In Turkey, Purchasing Managers' Index (PMI) for the manufacturing sector posted the strongest reading of the last two years in February.

According to the Istanbul Chamber of Industry PMI Manufacturing Index report, prepared in cooperation with London-based global data firm IHS Markit, the index rose to 52.4 last month thanks to solid rises in both output and new orders.