12.05.2016

Seven major infrastructure projects, which were due to be completed within the European Union’s former financial framework for 2007-2013, have received green light from Brussels to still get more

07.22.2016

The European Commission decided to refer Romania, Greece and Luxembourg to the Court of Justice of the EU for failing to transpose into national law Directive 2012/34/EU establishing a single European more

07.21.2016

Romania registers an average delay of 8.5 months in transposing EU directives into national laws, representing a slight increase from 8.1 months in the previous report, but still above the EU average, more

07.18.2016

European Commission approved the EUR440M financing request of Romania's state-owned railway operator CFR SA for the upgrade of railway segment Apata - Cata, an important part of the project for the more

05.18.2016

Romania is experiencing no macroeconomic imbalances but there are financial risks linked to the high stock of net foreign liabilities, the vulnerabilities of the banking sector and the pro-cyclical more

04.08.2016

The European Commission on Friday said it opened an in-depth probe to verify whether debt write-offs by the Romanian state and continued supplies by state-owned enterprises in favor of Romanian more

02.26.2016

The implementation of the current version of the law on debt discharge may generate a systemic risk for the entire banking sector, a major risk for the macroeconomic evolution and could also have a more

02.04.2016

The implementation of the law on debt discharge, as initially approved by Parliament, is a major risk to the macroeconomic outlook while the retroactive application of the law could have a negative more

12.30.2015

Romania's state-owned railway operator CFR SA signed four financing contracts totaling EUR689 million with the European Commission for the modernization of railway infrastructure, targeting the more

11.05.2015

The European Commission expects Romania's economic growth will pick up this year and the next, to 3.5% and 4.1% of gross domestic product, respectively, as fiscal stimulus spurs domestic demand at the more

10.26.2015

European Commission is less optimistic than the Romanian government as regards the tax collection capacity following the fiscal relaxation measures and will watch closely every measure, said Angela more

10.22.2015

The European Commission has decided to refer Romania, the Czech Republic, Luxembourg, the Netherlands, Poland and Sweden to the Court of Justice of the EU over failure to transpose legislation on Bank more

09.30.2015

The European Commission will monitor Romania's economic, fiscal and financial situation until May 2018, following the end of a precautionary EUR2 billion loan agreement that ended Wednesday. more

07.31.2015

The European Commission has opened two investigations to examine if measures in favor of two publicly-owned airports in Romania, Cluj-Napoca International Airport and Targu Mures Transilvania Airport more

07.10.2015

The European Commission on Friday adopted the 2014 2020 Large Infrastructure Operational Program (LIOP) for Romania, an investment package worth nearly EUR9.5 billion from the EU Regional Funds. more

06.26.2015

Officials of the European Commission and the Romanian government have not agreed on the changes Romania brought to its Tax Code and officials of the International Monetary Fund will not return to more

06.18.2015

The European Commission has initiated infringement proceedings against five member states, including Romania and Sweden, requesting they terminate intra-EU bilateral investment treaties between them. more

06.18.2015

The European Commission on Thursday said it is referring Romania to the EU Court of Justice for failing to adopt an emergency plan regarding security of gas supply, which may jeopardize Romania's more

06.05.2015

The European Commission approved Thursday funds worth EUR83 million from the Cohesion Fund for the expansion of Romanian subway line 4 (Parc Bazilescu – Straulesti) in Bucharest, which connects more

05.28.2015

The European Commission has requested Romania, Bulgaria, the Czech Republic, France, Italy, Lithuania, Luxembourg, the Netherlands, Malta, Poland, and Sweden to fully implement the Bank Recovery and more

04.08.2015

The European Commission is concerned about the Romanian Government’s plan to reduce VAT rates which are expected to have a substantial negative fiscal effect, EC Vice-President Valdis Dombrovskis more

03.30.2015

European Commission has decided that Romania has to recover compensations granted to brothers Ioan and Viorel Micula following the abolishment of an aid scheme targeting investments in disadvantaged more

02.05.2015

The European Commission expects Romania’s economy to grow by 2.7% in 2015, from 2.4% previously estimated, powered by domestic demand and supported by the recovery of the global economy, according more

12.09.2014

European Commission selected a consortium including software company Siveco Romania to provide IT services worth approximately EUR100 million for a four-year period, the company said Tuesday. more

11.26.2014

The European Commission on Wednesday opened infringement proceedings against Romania over security of gas supply, as it failed to notify to the Commission the adoption of a preventive action plan and more