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

04.23.2013

The European Commission decided to resume payments for four axes of the Romanian pre-suspended regional operational program POR, the Romanian Ministry for European Funds said Tuesday. more

04.07.2013

The European Commission has rejected Romania’s request to continue applying a reverse taxation system on cereal beyond June 1 this year, saying the procedure must not be used systematically to make more

04.03.2013

Romania sent refund requests worth over EUR388 million to the European Commission in March, the European Fund Ministry said Wednesday. more

03.22.2013

The European Commission (EC) has paid EUR24.2 million from the European Globalization Fund (EGF) to several EU member states, including Romania, to help 5,271 redundant workers back into employment. more

03.21.2013

The European Commission Thursday said it has referred Romania to the EU’s Court of Justice for failing to fully transpose community energy market rules into national law, with a proposed penalty fee more

03.15.2013

President Traian Basescu said Friday, at the end of the European Council meeting, that upcoming talks in the European Parliament (EP) as regards making European funds more flexible will allow Romanian more

02.26.2013

The European Commission wants to recover from Romania some EUR17.7 million in EU agricultural policy funds improperly used by the country. more

02.22.2013

The European Commission expects Romanian economic growth will accelerate to 2.5% in 2014 after a modest increase of 1.6% this year, mainly fueled by domestic demand. more

01.30.2013

Romanian President, the new government and Parliament must ensure the stability of the constitutional order, and all political parties should work to reduce the polarisation of the political system, more

01.16.2013

Romania's cohesion and structural fund absorption increased to 11.47%, or EUR2.204 billion, at the end of December 2012, from 9.72% in the previous month, in terms of payments from the European more

01.14.2013

The European Commission is examining the events that led to the dismissal of the head of Romania’s statistics institute after the institute reported a larger-than-usual difference in data regarding more

12.11.2012

The European Commission has opened formal antitrust proceedings against Romania’s energy exchange OPCOM and state-run power grid operator Transelectrica (TEL.RO) over suspicions the exchange may be more

12.05.2012

Romania’s cohesion and structural fund absorption rate remained unchanged in November, at 9.72% (EUR1.867 billion), as payments from the European Commission were zero. more

11.20.2012

Romania’s Parliament on Tuesday adopted a resolution whereby President Traian Basescu ought to support the propositions put forward by the European Commission and the European Parliament regarding more

11.09.2012

Romania may lose European funds of EUR1.26 billion in 2012, through Sectorial Operational Program Increase of Economic Competitiveness (POS CCE), unless attracting eligible projects co-financed by the more

11.07.2012

The European Commission revised its forecast on Romanian economic growth to 0.8% in 2012 from 1.4% previously, citing a weaker-than-expected agricultural year and domestic political uncertainties. 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

09.13.2012

Romanian President Traian Basescu on Thursday reiterated Romania’s objective to join the euro area in 2015, adding the country has no reason to change this goal and failing to meet it would be more

09.03.2012

Romania may be allotted between EUR40 billion and EUR47 billion by the European Union for the 2014-2020 period, said Razvan Cotovelea, state secretary in the Ministry of European Affairs. more

08.30.2012

Romania’s economic sentiment index fell 2.1 points to 94 in August, due to investor pessimism in most sectors except industry, a European Commission monthly survey showed Thursday. more

08.08.2012

The city of Suceava, northern Romania, will rehabilitate 12 streets and two bridges through a EUR8.3 million project funded through the Regional Operations Program (ROP), mayor Ion Lungu announced more

07.14.2012

The recent remarks by the European Commission regarding Romania’s EU fund absorption plan represent only a “general approach” to the matter, the Romanian Government said in a statement Saturday, more