EC
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European Commission Sees Romania’s GDP Growth At 3.8% In 2020
The European Commission expects Romania’s economy to grow by 3.8% in 2020, ranking second in the European Union, after Malta, according to the Commission’s interim winter economic growth for...
Romania Must Negotiate Lowering Its Budget Gap Without Hindering Growth
Romania's finance minister Florin Citu said Thursday the country's budget deficit would go back below the 3% of GDP limit in 2022 and Romania needs to negotiate its deficit lowering speed wi...
EC Autumn Forecast Sees Romania's Budget Deficit at 6.1% in 2021
The European Commission sees Romania's budget deficit at 3.6% of GDP this year, growing to 4.4% in 2020 and 6.1% in 2021, according to its Autumn 2019 Economic Forecast released Thursday.
EC: Romania Ranks Last In EU Regarding Research And Innovation Spending
European Commission official Aurora Mordonu on Friday said Romania ranks last in the European Union regarding expenses in the field of research and innovation, adding Romania did not even ac...
EC, EIB Launch EU Platform In Bucharest To Support Transport Safety Investments
The European Commission (EC) jointly with the European Investment Bank (EIB) launched Wednesday, in capital Bucharest, the “Safer Transport Platform” to promote safety as a key element for t...
EC Allots EUR517M for Bucharest Airport Metro Line
The European Commission on Wednesday approved EUR517 million financing for a new metro line in Bucharest that would eventually run to the Otopeni international airport.
EC Maintains Romania's 2019 GDP Growth Projection at 3.8%
The European Commission has maintained its 3.8% economic growth projection for Romania in 2019 in its winter economic forecast released Thursday, unchanged from its fall forecast.
European Commission: Romania Must Recover EUR335M Incompatible State Aid From Oltchim
The European Commission has found that Romanian chemicals producer Oltchim received around EUR335 million of incompatible state aid from Romania, since the company's failed privatisation in...
EC Requests That Romania End Its VAT Split Payment Mechanism
The European Commission has decided to send a letter of formal notice to Romania for applying a split payment mechanism for VAT, the EC said in a press release Thursday.