02.06.2024

The rules on credit agreements for consumers were revised at the end of 2023, when new responsibilities for creditors were introduced to protect consumer rights, shows an analysis by the law firm more

01.25.2024

Appointments of female board directors to Europe’s largest financial services firms declined seven percentage points year-on-year, as per the latest EY European Financial Services Boardroom Monitor, more

01.25.2024

In 2023, the European Investment Bank Group signed new financing contracts for close to EUR88 billion for high-impact projects in EU policy priorities, including climate action, sustainable more

01.11.2024

The European Commission has approved a EUR126 million Romanian scheme to support investments in ports facing increased trade flows after Russia’s war against Ukraine. more

12.04.2023

The European Commission has approved EUR33.9 million from the European Union Solidarity Fund (EUSF) to support Romania in addressing the extensive damages caused by droughts and wildfires in 2022. more

11.23.2023

The European Commission has given a positive assessment of Romania’s modified recovery and resilience plan, which includes a REPowerEU chapter. more

11.16.2023

The European Commission forecasts, in its autumn economic report for Romania, that the real GDP growth is expected to slow to 2.2% in 2023 due to high inflation limiting disposable income, restrictive more

10.26.2023

The European Investment Fund (EIF) is granting Raiffeisen Bank Romania two guarantee schemes worth EUR400 million to fund the investments carried out by small and medium-sized enterprises (SMEs) on more

09.18.2023

Uni Systems, a strategic partner in the field of information technology and communications for financial institutions, public institutions and telecom operators in the European region, which offers more

08.10.2023

The European Commission has approved a Romanian state aid scheme worth RON200 million (RON998 million lei) intended to compensate forest owners for the wood they did not cut, as a result of some more

07.27.2023

The group of companies formed by OMV Petrom Marketing (OPM), OMV Hungária Ásványolj Kft/ OMV Hungária Kft. (OMV HU) and OMV Slovensko s.r.o (OMV SK) have received approval for a European funding more

06.20.2023

Electricity supplier and distributor Electrica Group (EL.RO) has announced the capital market that its member company Distributie Energie Electrica Romania (DEER), attracted non-refundable European more

05.25.2023

The COVID-19 crisis prompted a surge in the digitalization efforts of EU firms, with more than half (53%) of EU firms taking steps in 2022 to enhance their digital presence, such as offering services more

05.18.2023

European banks lead globally on overall ESG (Environmental, Social and Governance) efforts, according to the latest EY Sustainable Finance Index. more

04.26.2023

Global consultancy Kearney has released the fifteenth edition of its annual European Retail Banking Radar, which tracks the performance of 89 retail banks across 21 European markets. more

04.25.2023

Most employees in Central and Eastern Europe (CEE) say they would need a 20-30% pay rise to cope with inflation, but between 60-77% say they have not been told of any increase by employers, as per a more

04.25.2023

Euro area economic growth surprised on the upside, with stagnant GDP in Q4/2022 and likely modest growth in Q1/2023, quelling previous expectations of an imminent recession, as per the EY European more

04.19.2023

The European Commission found that Romania did not fulfill its obligations assumed in the Treaty on the Functioning of the European Union (TFEU) by restricting the export of electricity, as per a more

04.03.2023

Romania’s north-western city of Oradea will receive European funding worth almost EUR16.4 million for the development of a solar photovoltaic (PV) park on a 12.5-hectare plot of land that belongs to more

03.29.2023

Deal activity across Europe continued at a steady pace during 2022 despite an increasing number of economic headwinds, according to the latest annual European M&A study by global law firm CMS. more

03.22.2023

The Electrica Group, through its subsidiary Distributie Energie Electrica Romania SA (DEER), has concluded a loan agreement with the European Bank for Reconstruction and Development (EBRD). more

03.13.2023

The Brasov City Hall has accessed a European project worth over RON25 million (EUR5 million), within the National Recovery and Resilience Plan, targeting the construction of 60 housing units for more

02.16.2023

The European Commission has approved, under EU State aid rules, a Romanian scheme worth EUR259 million, within the Recovery and Resilience Facility (RRF), which is geared towards supporting more

02.16.2023

Romania must implement the European Fair Minimum Wage by 2024. The provisions of the European Directive and its impact on Romanians are included in an analysis by Claudia Sofianu, Partner, Income Tax more

02.16.2023

Fourteen European exchange groups, present in twenty-six Member States of the EU, have today announced a joint initiative to participate in the future selection process for the provision of a more