12.09.2014

Romania’s government reached an agreement with the International Monetary Fund and the European Commission on next year’s budget, which includes a potential increase of the estimated deficit to more

11.04.2014

Romania’s gross domestic product rose 1% in the third quarter against the previous quarter, according to the European Commission’s latest forecasts, which means the economy is out of technical more

11.04.2014

Romania’s government will need to increase taxes or cut expenditure else the budget deficit will expand to 2.8% of the gross domestic product next year, when revenue is expected to go down following more

11.04.2014

The European Commission expects Romania’s economy to grow only 2% in 2014, a significant cut from a 2.8% estimated in June, due to a strong deceleration in the second quarter. more

10.24.2014

The central bank and the Finance Ministry have only EUR2.2 billion left to repay of the loan Romania took from the International Monetary Fund in 2009, with the former repaying most of this amount, more

10.23.2014

An estimated EUR177 billion in VAT revenues was lost due to non-compliance or non-collection in 2012, according to the latest VAT Gap study published by the European Commission, of which Romania lost more

10.16.2014

The European Commission on Thursday opened three infringement proceedings against Romania for failing to fully transpose EU legislation on rail safety, implement regulatory rules regarding investment more

10.16.2014

The European Commission Thursday said it is taking Romania to Court for a failure to comply with EU legislation on mining waste, namely waste resulting from the extraction, treatment and storage of more

10.15.2014

Romania’s Economy Minister Constantin Nita said the European Commission on Wednesday approved the state aid scheme aimed at supporting large energy consumers. more

09.25.2014

The European Commission has approved the takeover of Eni's more than 200 gas stations in Romania, Czech Republic and Slovakia by Hungarian oild and gas group MOL. more

08.28.2014

Investor sentiment regarding the outlook of the Romanian economy rose for the fourth consecutive month in August, amid increasing confidence in services, a survey from the European Commission showed more

07.10.2014

The European Commission sent a reasoned opening to Romania Thursday asking the country to remove unjustified barriers to exports of natural gas, giving Romania two months to make amends before more

06.04.2014

Romania doesn’t meet all the five criteria required to join the euro area, a report from the European Commission showed Wednesday. more

05.05.2014

The European Commission on Monday revised slightly upward its forecast on Romania’s economic growth to 2.5% in 2014 from 2.3% previously, saying it expects stronger contributions from consumer more

04.06.2014

The European Commission is claiming back a total EUR318 million of EU agricultural policy funds, unduly spent by 11 member states, of which EUR4.51 million from Romania, the Commission said in a press more

03.05.2014

The European Commission on Wednesday imposed a fine of just over EUR1 million on Romanian power exchange OPCOM for discriminating against foreign electricity traders for a period of five years. more

02.25.2014

Romania’s economy is likely to expand at an annualized pace of 2.3% in 2014 and to accelerate to 2.5% in 2015, largely fueled by domestic consumption and investments, according to European more

02.20.2014

The European Commission Thursday asked Romania to observe EU legislation, providing financial equilibrium of the main Romanian infrastructure manager, by granting incentives in order to reduce the more

01.22.2014

European Commission published Wednesday a new report on the progress in Romania under the Co-operation and Verification Mechanism, in the two core areas of judicial reform and anti-corruption work. more

12.12.2013

The European Commission announced Thursday it has approved a EUR82.7 million investment for the construction of an 18.5-kilometer ring-road in Brasov, central Romania. more

12.03.2013

Romania must observe the recommendations made by the European Council regarding structural reforms and fiscal measures, regardless of whether it signs the memorandum agreed with the International more

11.05.2013

Romania’s economy is likely to expand 2.1% in 2014 and to accelerate to 2.4% in 2015, with growth drivers expected to switch from net exports to domestic demand, the European Commission said in its more

10.01.2013

Romania plans to request the European Commission for a two-year extension of the deadline by which it must reduce dioxide emissions from coal-fired power plants, minister delegate for Energy more

09.26.2013

The European Commission has opened infringement proceedings against several states, including Romania, for failing to convey information regarding the implementation of the Industrial Emissions more

06.20.2013

The European Commission requested Romania Thursday to take measures to ensure full compliance with its obligations under European legislation regarding oil stocks. more