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EU Approves EUR751M Financing For Romanian Railway Upgrade
Automotive

EU Approves EUR751M Financing For Romanian Railway Upgrade

The European Commission on Thursday approved financing of EUR751 million to Romania for the upgrade of a railway section that will cost EUR884 million.

Ioana Tudor · 31.01.2013 · 18:13 · 1 min
Social/Politics

EC: Prosecutors’, Anticorruption Offices, High Court Worked Professionally, Under Extreme Pressure

Romanian High Court of Cassation and Justice accounted for significant progress in high level corruption files, while the Public Ministry, Directorate-General for Anti-Corruption and the Cou...

Manuela Panescu · 30.01.2013 · 19:10 · 2 min
EC: Romania’s Political Class Should Refrain From Discrediting Judicial Decisions
Social/Politics

EC: Romania’s Political Class Should Refrain From Discrediting Judicial Decisions

Romania’s political class should form a consensus to refrain from discrediting judicial decisions and undermining the credibility of magistrates, the European Commission said in its 2013 rep...

Ioana Tudor · 30.01.2013 · 16:23 · 1 min
Romania Meets Schengen Entry Requirements - EU Official
Social/Politics

Romania Meets Schengen Entry Requirements - EU Official

Romania meets specific requirements to join the border-free Schengen Area, Mark Gray, the spokesman of the European Commission, said Wednesday after presenting the main points in the CE’s re...

Ioana Tudor · 30.01.2013 · 12:44 · 1 min
Romania May Draw Warning From EU Over Rasdaq Market Status
Capital Market

Romania May Draw Warning From EU Over Rasdaq Market Status

The unclear status of Romania’s Rasdaq market could draw a warning from the European Commission, the head of the Bucharest stock exchange said Thursday.

Florentina Dragu · 24.01.2013 · 16:17 · 1 min
ACEA: Dacia Car Registrations In EU Down 5% In 2012
Automotive

ACEA: Dacia Car Registrations In EU Down 5% In 2012

Romanian automaker Dacia’s new car registrations in the European Union fell by 4.9% to 234,349 units in 2012, compared to 246,442 units in 2011, while the EU auto market saw a sharper declin...

Ecaterina Craciun · 16.01.2013 · 13:13 · 1 min
New Car Registrations In Romania Declined Twice As Fast As In EU In 2012
Automotive

New Car Registrations In Romania Declined Twice As Fast As In EU In 2012

New car registrations in Romania declined 18.7% in 2012, to 66,436 units from 81,709 the previous year, a decline twice as sharp compared to the EU auto market which fell 8.2%.

Oana Gavrila · 16.01.2013 · 12:21 · 1 min
Automotive

EU To Allot EUR1M For Studies To Create Intermodal Transport Project At Cluj Airport

The European Union will allot EUR1 million through the European transport and infrastructure program (TEN-T) for several studies needed to develop an intermodal transport project at the Cluj...

Ioana Tudor · 08.01.2013 · 16:56 · 1 min
Dacia Car Registrations In EU Down 26% In November
Automotive

Dacia Car Registrations In EU Down 26% In November

Romanian automaker Dacia’s new car registrations in the European Union fell by 25.7% to 18,808 units in November, as the EU auto market has been declining for 14 months straight, reporting a...

Ecaterina Craciun · 14.12.2012 · 11:02 · 1 min