EU
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Romania Among Top Ten Ice Cream Producers In EU
Romania was the ninth largest ice cream producer in the European Union in 2017, with a production volume of 46.8 million liters (enough to fill 514 million ice cream cones, according to ZF e...
Eurostat: Romania Ranks 8th Among EU Countries With Lowest Unemployment Rates
Romania registered a 4.5% unemployment rate in June 2018, the eighth lowest rate in the European Union, according to a report released on Tuesday by Eurostat, the statistical office of the E...
European Commission Refers Romania To EU Court Of Justice Regarding Money Laundering Directive
The European Commission announced on Thursday that it referred Romania, together with Greece and Ireland, to the EU Court of Justice for failing to implement an anti-money laundering directi...
Eurostat: Romania Posts Highest Annual Inflation Rate In The EU, Of 4.7%, In June 2018
Romania ranks first in the European Union regarding the annual inflation rate in June 2018, seeing an increase of 4.7% in the Harmonised Index of Consumer Prices (HICP), Eurostat, the statis...
Eurostat: Romania Ranks Third In The EU By Cigarette Production
Romania ranks third among European Union Member States regarding cigarette production, with 15% of the EU total. Germany holds the top spot with 32% of the EU total and Poland ranks second w...
Romania Contributes 1.2% To EU GDP In 2017; Germany, UK, France Generate 51%
In 2017, the gross domestic product (GDP) of the European Union (EU) amounted to EUR15,300 billion at current prices and Romania’s contribution was 1.2%. Over half of EU’s GDP was generated...
Eurostat: Romania Posts Lowest Employment Growth Rate In EU In 4Q/2017
The employment growth rate in Romania reached 0.1% in the fourth quarter of 2017 compared with the previous quarter, Eurostat, the statistical office of the European Union, reported on Wedne...
EC Warns Lack of Reform Will Hinder Romania's Economic Growth
Romania's buoyant economic growth risks setting the stage for a hard landing in the absence of structural reforms and fiscal consolidation, the European Commission warned in a report Wednesd...
Ecofin Council: Romania Must Correct Significant Budgetary Deviation Until April 15, 2018
The Economic and Financial Affairs Council (ECOFIN) of the European Union found that Romania has failed to take effective action to correct a significant budgetary deviation and has set Apri...