Convergence proigramme for 2020: Economic activity expected to show serious drop in Q2 (-14.4pct)
Publicat:The economic activity in Romania will see a severe drop in the second quarter of this year, by 14.4 per cent, while the impact on the manufacturing industry in the mentioned period will be about 18 per cent, and the decline in manufacturing textiles and clothing, leather, and also in the automotive industry will exceed 35 per cent, according to the 2020 Convergence Programme published by the Ministry of Public Finance (MFP). "The forecast of gross domestic product for 2020 took into account the effects of the COVID-19 pandemic, as well as support measures for the business environment, the labour…
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