10.25.2012

European Commission representatives will visit Romania in November for talks on pre-suspended EU-funded programs and to analyze the way the Government applied the measures recommended by EU more

10.25.2012

The European Commission on Thursday informed Romanian authorities about its decision to pre-suspend payment for three Romanian EU-funded programs, for transport, regional development and economic more

10.25.2012

The shares of regional investment fund SIF Transilvania (SIF3.RO) have performed better than the other four SIFs, both in terms of growth and traded value. more

10.23.2012

Someone who had invested the equivalent of a Dacia car (5,600 lei) in SIF Moldova (SIF2.RO) shares when the company was listed on the stock exchange on November 1 1999, would have made RON500,000 in more

10.18.2012

The main leaders of the European Union, with German chancellor Angela Merkel and president of the European Commission Manuel Durao Barroso as leading figures, were in Bucharest for a few hours on more

10.15.2012

Payments for the EU-funded operational program aimed to increase economic competitiveness (POS CEE) have been resumed on October 15, more than three months after they were ceased, the Romanian Economy more

10.10.2012

Romania’s Government is considering setting up a firm to transfer money to chemical plant Oltchim Ramnicu Valcea (OLT.RO) to pay overdue wages and restart activity, people close to the matter told more

10.09.2012

Romania’s structural and cohesion fund absorption rate increased 0.01% in September, according to data published by the Ministry for European Affairs. more

10.09.2012

Romania’s Communications Ministry has received 15 bids on a 14.7 million lei contract, net of VAT, for the checking of reimbursement applications on EU-funded projects. more

09.22.2012

Romania’s low absorption rate of European Union financing is due to the fact that only 15% of EU’s structural and cohesion funds allocated to Romania for the 2007-2013 period targeted the private more

09.20.2012

The number of participants whose contributions were transferred to mandatory private pension funds (Pillar II) reached 3.58 million in August, accounting for 62.87% of total participants, up 1.4% from more

09.19.2012

The assets of Romania's mandatory (Pillar II) and voluntary pension funds (Pillar III) will increase to EUR11 billion in the next five years, from EUR2 billion at the end of August, Mihai Coca-Cozma, more

09.19.2012

The number of private pension funds on the mandatory pension segment (Pillar II) will drop to six from the current nine, through mergers and acquisitions expected over the next five years, an official more

09.13.2012

Romania attracted 50% or over EUR4 billion through the National Program of Rural Development, or PNDR, since 2007 in payments through beneficiaries, Agriculture Minister Daniel Constantin told news more

09.13.2012

Romania asks the European Commission to grant financial support for an area of 12 million hectares, compared with 7 million hectares as settled upon the European Union’s accession, minister of more

09.12.2012

The European Commission will make financial corrections and reduce the funds allotted to Romania for regional development, environment, transport and competitiveness projects, after it identified more

09.05.2012

Romania’s Government on Wednesday allotted 25 million lei (EUR5.5 million) for works to modernize several schools and connect them to the water supply network. more

09.04.2012

Romania’s Paying Agency for Rural Development said Tuesday it allotted extra EUR60 million in non-reimbursable funds for investments in irrigation systems. more

09.04.2012

Romanian President Traian Basescu on Tuesday said he asked in the European Council that the period during which Romania is allowed to absorb European Union funds be extended until 2016 in a move to more

09.04.2012

Equity funds are still impacted by the economic crisis caused by the Lehman Brothers collapse in September 2008, which brought them losses yet to be recouped and drove hundreds of investors away. more

09.03.2012

EU funds for Romania's Transport Sector Operations Program (T-SOP), suspended pending checkups on their actual destination, might be unfrozen later in September, following a new evaluation, Transport more

08.29.2012

Romanians set 5.3 billion (EUR1.2 billion) aside for investments in mutual funds. The richest of them chose euro-denominated mutual funds, while those with less money were more willing to take a more

08.29.2012

The share of budget revenues in the gross domestic product has been adjusted as part of the budget revision from 33.9% to 32.3%, according to information sent by the Finance Ministry. more

08.23.2012

Romania's Government will limit spending on co-financing for EU-funded projects, following the interruption of reimbursements, and will not use money from the privatization fund or from Infrastructure more

08.14.2012

Romanian farmers can apply for total non-reimbursable EU funding of EUR25.5 million between September 3 and 28, to invest in irrigation systems, Romania’s Paying Agency for Rural Development said more