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Effects of the COVID-19 Pandemic on the European Business Environment – Romania Case Study

Author

Listed:
  • Gabriela Gheorghiu

    (“Ovidius†University of Constanta)

  • Elena Cerasela Spătariu

    (“Ovidius†University of Constanta)

  • Raluca Andreea TRANDAFIR

    (“Ovidius†University of Constanta)

Abstract

The impact of the COVID-19 pandemic on the economy is multidimensional, affecting, among other things, supply chains, human resources or companies' revenues. Although this impact differs, from one economic sector to another, however, similar business responses to the crisis can be identified, especially in the case of SMEs. In this context, the present paper analyzes the effects of the COVID-19 pandemic on the European business environment in general and on the Romanian one in particular, as well as the measures adopted in response to them.

Suggested Citation

  • Gabriela Gheorghiu & Elena Cerasela Spătariu & Raluca Andreea TRANDAFIR, 2020. "Effects of the COVID-19 Pandemic on the European Business Environment – Romania Case Study," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 113-118, December.
    • Handle: RePEc:ovi:oviste:v:xx:y:2020:i:2:p:113-118
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    File URL: https://stec.univ-ovidius.ro/html/anale/RO/wp-content/uploads/2021/03/Section%202/7.pdf
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    More about this item

    Keywords

    COVID-19 pandemic; crisis; business environment; SME;
    All these keywords.

    JEL classification:

    • H12 - Public Economics - - Structure and Scope of Government - - - Crisis Management
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • L38 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Public Policy

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