05.15.2023

The European Commission believes Romania’s economy will see higher growth than expected and raised its real GDP growth forecast from 2.5% to 3.2% for 2023. more

05.03.2023

The European Commission on 2 May adopted exceptional and temporary preventive measures on imports of a limited number of products from Ukraine under the exceptional safeguard of the Autonomous Trade more

01.31.2023

The European Commission has approved, under EU State aid rules, a EUR1.6 billion Romanian measure to set up the Romanian Investment and Development Bank. more

11.18.2022

The European Commission has approved an aid scheme worth approximately EUR500 million (RON 2.5 billion) notified by Romania to support businesses across all economic sectors in the context of the war more

08.01.2022

With a score of 30.6 points, Romania lags behind all other EU Member States, according to the European Commission's 2022 Digital Economy and Society Index (DESI) which tracks digital progress in the more

07.14.2022

Romania’s economy is expected to grow by 3.9% in 2022 and by 2.9% in 2023, the European Commission said in its summer economic forecast. more

05.24.2022

Romania's public debt will be nearing 73% of GDP within ten years, in 2032, under the baseline scenario, from just above 50% of GDP currently, as per the debt sustainability analysis carried out by more

11.11.2021

Romania’s economy is expected to expand by 7% in 2021, slightly lower than the 7.4% growth rate projected in July, the European Commission said on Thursday (Nov 11) in its Autumn 2021 Economic more

10.27.2021

The European Commission on Wednesday said it has approved a Romanian scheme worth EUR358 million aimed at supporting small- and medium-sized enterprises (SMEs) active in sectors affected by the more

07.07.2021

The European Commission expects Romania's economy to grow 7.4% this year and 4.9% in 2022, following better than expected first quarter performance. more

05.12.2021

Romania's gross domestic product is forecast to grow by 5.1% in real terms in 2021 and by 4.9% in 2022, the European Commission said in its Spring 2021 Economic Forecast released Wednesday. more

02.05.2021

The European Commission said Friday it has opened an in-depth investigation to assess whether Romanian support measures in favor of energy holding CE Oltenia are in line with EU rules on state aid to more

09.03.2020

The European Commission has approved an investment from the Cohesion Fund worth EUR875.5 million to build the first stage of the Sibiu-Pitesti motorway. This will be the first motorway crossing the more

08.21.2020

The European Commission has approved, under EU State aid rules, a Romanian loan guarantee of up to around EUR62 million (approximately RON301 million) in favor of Romanian airline Blue Air. more

06.30.2020

The Commission on Tuesday adopted the Implementing Regulation on small-area wireless access points, or small antennas, which are crucial for the timely deployment of 5G networks that are delivering more

06.10.2020

Romania meets none of the convergence criteria – price stability, sound public finances, exchange rate stability and convergence in long-term interest rates – required for euro adoption, the more

05.11.2020

The European Commission has approved, under EU State aid rules, Romanian plans to partially compensate energy-intensive companies for higher electricity prices resulting from indirect emission costs more

05.06.2020

The European Commission expects Romania’s economy to contract by 6% in 2020 under the impact of the coronavirus crisis, followed by 4.2% growth in 2021, according to its spring economic forecast more

03.04.2020

The European Commission has proposed to the Council to open an excessive deficit procedure for Romania and adopted a recommendation to the Council setting out the adjustment requirements, the more

02.13.2020

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02.13.2020

Romania's finance minister Florin Citu said Thursday the country's budget deficit would go back below the 3% of GDP limit in 2022 and Romania needs to negotiate its deficit lowering speed with the more

11.07.2019

The European Commission sees Romania's budget deficit at 3.6% of GDP this year, growing to 4.4% in 2020 and 6.1% in 2021, according to its Autumn 2019 Economic Forecast released Thursday. more

06.14.2019

European Commission official Aurora Mordonu on Friday said Romania ranks last in the European Union regarding expenses in the field of research and innovation, adding Romania did not even achieve a more

03.28.2019

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02.13.2019

The European Commission on Wednesday approved EUR517 million financing for a new metro line in Bucharest that would eventually run to the Otopeni international airport. more