EU
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Romanians Pay More For Electronics Than EU Average
The prices of consumer goods and services in Romania are 60% of the European Union average, but Romanians pay more for electronics and about the same as the EU average for clothing and perso...
ACEA: Romania Sees Third Largest Increase In New Car Registrations In EU In Jan-May
New car registrations in Romania rose 12.4% to 26,000 units on the year in the first five months of 2012, the third largest increase in the European Union, while the European auto market fel...
Exports To Markets Outside The EU Are Key To Returning To GDP Growth Above 4%
Romanian companies that no longer find resources for growth on the local market and turn to exports will have to seek markets outside the European Union. This was the main conclusion of the...
Basescu Passes Law Ratifying EU Fiscal Stability Treaty
Romania’s President Traian Basescu on Wednesday passed the law ratifying the European Union's fiscal stability treaty signed in Brussels, the Presidency said in a press release.
EU Officials Gather In Bucharest To Sign Joint Act On EU Funding In 2014-2020
The prime ministers of European Union states, gathered Friday in Romania’s capital Bucharest for talks on EU financing for the 2014-2020 period, will sign a joint declaration aimed to mainta...
EU Funds Help The Economy With EUR173M In April
April was the best month this year for the absorption of EU funds, with EUR173 million going into the economy.
Basescu Wants Pension, Social Security Deficits Unchanged Amid Wage Raise Plans
Keeping social security fund and pension deficits at their current levels is crucial for the upcoming period, Romanian President Traian Basescu said Sunday in a meeting with International Mo...
IMF, EU To Allow Romania To Raise Public Wages 8% As Of June
The International Monetary Fund and European Commission have accepted Romanian authorities’ plans to restore public wages to pre-austerity levels gradually, with a first raise, of 8%, to tak...
Romanian Government Ratifies Croatia’s EU Accession Treaty
Romania’s Government on Tuesday approved the bill ratifying Croatia’s accession treaty to the European Union, which will then have to be ratified by the Parliament, people close to the matte...