01.30.2014

Investor sentiment regarding the outlook of the Romanian economy fell for the second consecutive months in December, amid weakening confidence in retail, constructions and industry, a survey from the more

01.29.2014

Romania's minister-delegate for small and medium-sized businesses and tourism Maria Grapini will be leaving her government position to run for a seat in the European Parliament on behalf of the more

01.22.2014

European Commission published Wednesday a new report on the progress in Romania under the Co-operation and Verification Mechanism, in the two core areas of judicial reform and anti-corruption work. more

12.12.2013

The European Commission announced Thursday it has approved a EUR82.7 million investment for the construction of an 18.5-kilometer ring-road in Brasov, central Romania. more

12.03.2013

Romania must observe the recommendations made by the European Council regarding structural reforms and fiscal measures, regardless of whether it signs the memorandum agreed with the International more

11.28.2013

Investor sentiment regarding the outlook of the Romanian economy inched up 0.5 points in November, amid improved confidence in retail and services, a survey from the European Commission showed more

11.05.2013

Romania’s economy is likely to expand 2.1% in 2014 and to accelerate to 2.4% in 2015, with growth drivers expected to switch from net exports to domestic demand, the European Commission said in its more

10.23.2013

The European Union Council has approved a new EUR2 billion precautionary financial assistance program for Romania in conjunction with a similar two-year loan from the International Monetary Fund. more

10.01.2013

Romania plans to request the European Commission for a two-year extension of the deadline by which it must reduce dioxide emissions from coal-fired power plants, minister delegate for Energy more

09.27.2013

Investor sentiment regarding the outlook of the Romanian economy rose by 1.8 points in September, the highest monthly increase since February, amid improved confidence in most sectors, a survey from more

09.26.2013

The European Commission has opened infringement proceedings against several states, including Romania, for failing to convey information regarding the implementation of the Industrial Emissions more

08.30.2013

Economic sentiment in Romania was roughly stable on the month in August, held back by weakening consumer confidence and declining expectations in the retail sector, a survey from the European more

08.19.2013

Electrical equipment and mechanical devices, textiles and means of transportation are the main products Romania exports to its top ten partner countries in international trade. more

07.30.2013

Romania’s economic sentiment index declined in July after three months of growth, amid worsening outlook in industry and retail, a widely watched European Commission monthly survey showed Tuesday. more

06.21.2013

The European Union Council Friday has closed excessive deficit procedures for Romania, confirming that the country has reduced its budget deficit below 3% of the gross domestic product, the EU’s more

06.20.2013

The European Commission requested Romania Thursday to take measures to ensure full compliance with its obligations under European legislation regarding oil stocks. more

06.20.2013

The European Commission announced Thursday it has triggered infringement procedures over Romania’s failure to comply with EU public procurement rules in the auction for the rehabilitation of a more

05.30.2013

The European Commission Thursday said a requirement of Romania’s power exchange OPCOM that spot market participants hold a Romanian value added tax registration is discriminatory against foreign more

05.29.2013

The European Commission Wednesday recommended Romania continue its economic and social reforms undertaken under a EUR5 billion loan agreement with the International Monetary Fund and the EU, saying more

05.29.2013

The European Commission Wednesday recommended Romania be removed from the list of countries with excessive deficits in light of the country’s progress in lowering the budget gap below the bloc’s more

05.07.2013

European Food&Drinks group based in Bihor County (northwestern Romania), the largest food industry business of the country in 2007-2008, posted EUR386 million revenue in 2011. The amount in euros is more

05.03.2013

The European Commission revised down its forecast on Romania’s economic growth to 2.2% in 2014 from 2.5%. more

04.29.2013

Romania’s economic sentiment index fell for a second straight month in April, on increased pessimism in most sectors, a widely watched European Commission monthly survey showed Monday. more

04.29.2013

Romania’s 2013 wheat production has been revised up in April by the European Commission to 5.8 million tons, a rise of almost 10% on the latest estimate made at the end of March. more

04.24.2013

Romania is one of the few countries in Europe that doesn’t have a personal bankruptcy legislation, leaving over-indebted consumers unprotected against creditors, a report commissioned by the more