EU
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Romania Waiting To See What Decision EU Will Make To Save Euro Zone
Romania, which is dependent on the euro zone commercially and banking-wise, is waiting to see what decisions EU heads of state and government will make. What can the country do to grow indep...
Basescu: Romania Supports Urgent Amendment Of EU Protocol On Excessive Deficit Procedures
Romanian President Traian Basescu said Wednesday Romania is in favor of immediately amending Protocol no. 12 of the Treaty governing the European Union, which refers to excessive deficit pro...
Romania President Scolds Foreign Banks For “Lack Of Fair Play”
Romanian president Traian Basescu on Thursday said that the banks of European states obtained “gigantic profits” in Romania, and preparing to leave the country unfunded during the crisis wou...
EU: Romania 2012 Deficit To Narrow To 3.7% Of GDP
The European Commission estimates Romanian budget deficit will narrow to 3.7% of the gross domestic product in 2012, from 4.9% of GDP predicted for this year, provided the government continu...
EU Puts Romania Economic Growth At 2% In 2012
The European Commission estimates Romanian economy will grow by around 2% in 2012, the EU mission chief Istvan Szekely said Monday.
Integrity Agency To Prioritize COI Suspicions In EU Fund Management
The Romanian Government decided Wednesday the National Integrity Agency (ANI) will give full priority to analyzing ministries’ notifications regarding possible conflict of interest in managi...
Brussels Postpones Decisions, Tension Mounts, Romania Looks For Shield
European leaders failed to find a solution on Sunday and postponed all decisions for Wednesday. President Basescu’s statements upon his departure for Brussels create fears: the cost of Roman...
EU Orders Romania To Return EUR1M Spent Illegally By Youth Support Agency
The European Commission has ordered Romania to return around EUR1 million because of irregularities found in the expenses of the National Agency to Support Youth Initiative (ANSIT), Educatio...
Tools For A New Stability Culture In Europe
Amid all the political uncertainty and market turbulence that are becoming a seemingly intractable feature of life in the euro area, there was one bright spot last week in an otherwise storm...