06.20.2013

The European Commission announced Thursday it has triggered infringement procedures over Romania’s failure to comply with EU public procurement rules in the auction for the rehabilitation of a more

05.30.2013

The European Commission Thursday said a requirement of Romania’s power exchange OPCOM that spot market participants hold a Romanian value added tax registration is discriminatory against foreign more

05.29.2013

The European Commission Wednesday recommended Romania continue its economic and social reforms undertaken under a EUR5 billion loan agreement with the International Monetary Fund and the EU, saying more

05.03.2013

The European Commission revised down its forecast on Romania’s economic growth to 2.2% in 2014 from 2.5%. more

04.29.2013

Romania’s 2013 wheat production has been revised up in April by the European Commission to 5.8 million tons, a rise of almost 10% on the latest estimate made at the end of March. more

04.24.2013

Romania is one of the few countries in Europe that doesn’t have a personal bankruptcy legislation, leaving over-indebted consumers unprotected against creditors, a report commissioned by the more

04.07.2013

The European Commission has rejected Romania’s request to continue applying a reverse taxation system on cereal beyond June 1 this year, saying the procedure must not be used systematically to make more

03.22.2013

The European Commission (EC) has paid EUR24.2 million from the European Globalization Fund (EGF) to several EU member states, including Romania, to help 5,271 redundant workers back into employment. more

03.21.2013

The European Commission Thursday said it has referred Romania to the EU’s Court of Justice for failing to fully transpose community energy market rules into national law, with a proposed penalty fee more

02.26.2013

The European Commission wants to recover from Romania some EUR17.7 million in EU agricultural policy funds improperly used by the country. more

02.22.2013

The European Commission expects Romanian economic growth will accelerate to 2.5% in 2014 after a modest increase of 1.6% this year, mainly fueled by domestic demand. more

01.30.2013

Romanian President, the new government and Parliament must ensure the stability of the constitutional order, and all political parties should work to reduce the polarisation of the political system, more

01.16.2013

Romania's cohesion and structural fund absorption increased to 11.47%, or EUR2.204 billion, at the end of December 2012, from 9.72% in the previous month, in terms of payments from the European more

01.14.2013

The European Commission is examining the events that led to the dismissal of the head of Romania’s statistics institute after the institute reported a larger-than-usual difference in data regarding more

12.19.2012

Romania’s Chamber of Deputies Validation Commission validated Wednesday the mandates of 410 deputies and postponed the validation of Petre Roman and Andrei Condurateanu, said the Commission’s more

12.11.2012

The European Commission has opened formal antitrust proceedings against Romania’s energy exchange OPCOM and state-run power grid operator Transelectrica (TEL.RO) over suspicions the exchange may be more

11.26.2012

Romania’s prognosis commission, or CNP, has revised downward its economic growth forecast to 0.7% in 2012, from 1.7% previously, saying it expects a negative contribution from farming output. more

11.07.2012

The European Commission revised its forecast on Romanian economic growth to 0.8% in 2012 from 1.4% previously, citing a weaker-than-expected agricultural year and domestic political uncertainties. more

11.01.2012

Romania’s securities commission CNVM found forged documents at WBS Romania and closed down the brokerage firm. more

08.30.2012

Romania’s economic sentiment index fell 2.1 points to 94 in August, due to investor pessimism in most sectors except industry, a European Commission monthly survey showed Thursday. more

07.14.2012

The recent remarks by the European Commission regarding Romania’s EU fund absorption plan represent only a “general approach” to the matter, the Romanian Government said in a statement Saturday, more

07.06.2012

The European Commission Friday expressed concerns over the recent political upheaval in Romania, particularly regarding a series of measures that could threaten the independence of strategic more

06.15.2012

The creation of the largest mutual fund in Romania started in Brussels, at the European Commission to be precise, which decided to change the rules for the operation of money-market funds to make them more

05.31.2012

The European Commission has reasoned opinions to Romania and Slovakia, urging them to bring their national legislation in line with community rules by updating the ban on the use of hazardous more

05.31.2012

The European Commission has sent Romania and Italy a reasoned opinion, asking them to transpose into national rules a directive that reduces barriers on the community market of defense equipment, or more