EC
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European Commission To Probe Support For Chemical Plant Oltchim
The European Commission on Friday said it opened an in-depth probe to verify whether debt write-offs by the Romanian state and continued supplies by state-owned enterprises in favor of Roman...
EC Report: Current Version Of Law On Debt Discharge Could Generate Major Risks
The implementation of the current version of the law on debt discharge may generate a systemic risk for the entire banking sector, a major risk for the macroeconomic evolution and could also...
EC: Law On Debt Discharge, As Initially Approved By Parliament, A Major Macroeconomic Risk
The implementation of the law on debt discharge, as initially approved by Parliament, is a major risk to the macroeconomic outlook while the retroactive application of the law could have a n...
CFR SA Draws EUR700M Funds From EC For Infrastructure Upgrades
Romania's state-owned railway operator CFR SA signed four financing contracts totaling EUR689 million with the European Commission for the modernization of railway infrastructure, targeting...
EC Sees Romanian GDP Growth Accelerating on Domestic Demand
The European Commission expects Romania's economic growth will pick up this year and the next, to 3.5% and 4.1% of gross domestic product, respectively, as fiscal stimulus spurs domestic dem...
EC Is Less Optimistic Than Romanian Government On Tax Collection Capacity - Filote
European Commission is less optimistic than the Romanian government as regards the tax collection capacity following the fiscal relaxation measures and will watch closely every measure, said...
EC Refers 6 States, Including Romania, To EU Court Of Justice Over Failure To Transpose Bank Recovery Rules
The European Commission has decided to refer Romania, the Czech Republic, Luxembourg, the Netherlands, Poland and Sweden to the Court of Justice of the EU over failure to transpose legislati...
EC To Assess Romania's Economic And Fiscal Situation Until May 2018
The European Commission will monitor Romania's economic, fiscal and financial situation until May 2018, following the end of a precautionary EUR2 billion loan agreement that ended Wednesday.
EC Opens Investigations Into Measures In Favor Of Cluj, Targu Mures Airports And Wizz Air
The European Commission has opened two investigations to examine if measures in favor of two publicly-owned airports in Romania, Cluj-Napoca International Airport and Targu Mures Transilvani...