EUROPEAN COMMISSION
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European Commission Urges EU Council To Accept Romania, Bulgaria in Schengen
The European Commission said on Wednesday it is “high time” that Bulgaria and Romania become full members of the Schengen area and urged the Council of the EU to take the necessary actions.
EC: New Rules Easing Cross-Border Insolvency Proceedings Enter into Force Monday
The new rules on cross-border insolvency proceedings, proposed by the European Commission in 2012 and adopted by the EU legislators in 2015, will enter into force throughout the European Uni...
European Commission Approves 11 Projects, Worth EUR500M, In Romania
The European Commission approved 11 projects in Romania, which amount to EUR500 million and target the sectors of transport, water supply and integrated waste management, as well as preventi...
EC Approves Financing For Bucharest Metro Line 5 In Two Tranches
European Commission has approved the modifying of Bucharest Metro Line 5 project, “Raul Doamnei – Eroilor section, including Valea Ialomitei”, by rescheduling the financing for the EUR480 mi...
OMV Petrom, Romgaz And Transgaz Subject To EC Inspection In Potential Natural Gas Export Hindering Case
Officials of the European Commission’s Directorate General for Competition and of the Competition Council in Romania on June 6 carried out unannounced inspections at the premises of Romgaz,...
European Commission Unblocks Payments For SOP HRD 2007-2013 Program
The European Commission has unblocked the payments for Sectoral Operational Programme Human Resources Development (SOP HRD 2007-2013) in Romania, worth EUR167 million, which were cut off in...
EC Improves Romanian Economic Growth Forecast, Warns of Risks
The European Commission has made marginal improvements on Romania's economic growth estimates in its winter forecast released Thursday, but warns of risks posed by new legal initiatives and...
EC: Energy Contracts Between Hidroelectrica And Certain Customers Did Not Involve State Aid
The European Commission has concluded, following an in-depth investigation, that electricity supply contracts signed by Romanian state-owned electricity generator Hidroelectrica with certain...
Finance Ministry Repays EUR1.5B Of EU Loan, EUR5B Left
The Finance Ministry repaid the first EUR1.5 billion tranche of the loan it took from the European Commission in 2009. The amount equals half of this year’s projected budget deficit.