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Results 1 - 25 from 145 for "ec"

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  • European Commission Greenlights Exim Banca Romaneasca’s RON1.2B Recapitalization

    06.23.2025

    The European Commission has concluded that Romania’s EUR250 million (RON1.2 billion) recapitalization of majority state-owned Exim Banca Romaneasca does not constitute state aid within the meaning more

  • CEC Bank Receives European Commission’s Approval For Capital Increase

    02.26.2025

    CEC Bank has received approval from the European Commission to increase its capital, while Exim Banca Romaneasca is still waiting for it, financial market sources say. more

  • European Commission Approves Romania’s EUR99.5M State Aid For New Nokian Tyres Plant In Oradea

    08.14.2024

    The European Commission has approved, in line with the EU regulations on state aid, the EUR99.5 million state aid for Nokian Tyres in Romania. more

  • European Commission: Romania Does Not Meet Criteria For Joining Euro Area

    06.26.2024

    The European Commission published the 2024 Convergence Report on Wednesday in which it provides its assessment of the progress non-euro area member states have made towards adopting the euro. more

  • European Commission Clears Acquisition Of Alpha Bank Romania By UniCredit

    06.12.2024

    The European Commission has announced it approved the acquisition of Alpha Bank Romania by Italy’s UniCredit S.p.A, under the EU Merger Regulation. more

  • EC And Competition Council Yet To Be Notified Of Ahold Delhaize EUR1.3B Profi Acquisition

    11.01.2023

    Neither the European Commission, nor the Competition Council have received any notifications from Ahold Delhaize or Profi regarding the takeover of the Profi store chain by the Dutch-Belgian Delhaize more

  • European Commission OK’s Sale Of Enel Romania To Greece’s PPC

    06.23.2023

    The European Commission has approved the acquisition of Enel Romania by Greece's Public Power Corporation, which was last year's largest transaction on the Romanian market, worth EUR1.9 billion. more

  • European Commission Raises Romania’s Economic Growth Forecast From 2.5% To 3.2% In 2023

    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

  • Romania And Four Other Eastern European Countries Ban Wheat, Corn, Sunflower, Rapeseed Imports From Ukraine For One Month

    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

  • European Commission Approves Measure to Establish Romanian Investment and Development Bank

    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

  • European Commission OKs EUR500M Aid Scheme For Businesses In Romania Amid Ukraine War

    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

  • EC’s 2022 DESI: Romania, Not Well Integrated Into Digital World

    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

  • European Commission Sees Romania’s Economic Growth at 3.9% in 2022

    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

  • EC: Romania's Public Debt Seen Nearing 73% Of GDP In Ten Years

    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

  • European Commission Cuts Romania's 2021 Economic Growth Forecast To 7% Versus 7.4%

    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

  • European Commission Approves EUR358M Romanian Aid Scheme For Pandemic-Hit SMEs

    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

  • EC Raises Romania's Economic Growth Forecast to 7.4% for 2021

    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

  • EC Lifts Romania's 2021 Economic Growth Projection to 5.1% in Spring Forecast

    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

  • EC Opens In-Depth Investigation on CE Oltenia State Aid Measures

    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

  • EC Approves EUR875M Investment for Romania's Sibiu-Pitesti Motorway

    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

  • European Commission Approves EUR62M Romanian Loan Guarantee For Blue Air

    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

  • European Commission Adopts Implementing Regulation To Pave Way For High Capacity 5G Network Infrastructure

    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

  • EC: Romania Fulfills None of the Criteria for Euro Adoption

    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

  • EC Approves Compensation to Energy-Intensive Companies in Romania

    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

  • European Commission Sees Romania's GDP Falling 6% in 2020

    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

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