EUROPEAN COMMISSION
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EC Clears MOL's Acquisition Of Eni Gas Stations In Romania, Czech Republic, Slovakia
The European Commission has approved the takeover of Eni's more than 200 gas stations in Romania, Czech Republic and Slovakia by Hungarian oild and gas group MOL.
Romania Economic Sentiment Strengthens For 4th Month In August
Investor sentiment regarding the outlook of the Romanian economy rose for the fourth consecutive month in August, amid increasing confidence in services, a survey from the European Commissio...
EC Calls On Romania To Remove Barriers To Natural Gas Exports
The European Commission sent a reasoned opening to Romania Thursday asking the country to remove unjustified barriers to exports of natural gas, giving Romania two months to make amends befo...
EU: Romania Not Yet Ready To Join Eurozone; Next Review In Two Years
Romania doesn’t meet all the five criteria required to join the euro area, a report from the European Commission showed Wednesday.
EU Ups Romania GDP Growth Forecast To 2.5% In 2014
The European Commission on Monday revised slightly upward its forecast on Romania’s economic growth to 2.5% in 2014 from 2.3% previously, saying it expects stronger contributions from consum...
EC Requires Romania To Pay Back EUR4.51M Spent Unduly Under Agricultural Policy
The European Commission is claiming back a total EUR318 million of EU agricultural policy funds, unduly spent by 11 member states, of which EUR4.51 million from Romania, the Commission said...
EU Fines Romania Power Exchange EUR1M For Discriminating Against Foreign Traders
The European Commission on Wednesday imposed a fine of just over EUR1 million on Romanian power exchange OPCOM for discriminating against foreign electricity traders for a period of five yea...
EU Sees Romania Economy Growing 2.3% In 2014
Romania’s economy is likely to expand at an annualized pace of 2.3% in 2014 and to accelerate to 2.5% in 2015, largely fueled by domestic consumption and investments, according to European C...
EU: Romania Should Grant Incentives To CFR For Cutting Charges
The European Commission Thursday asked Romania to observe EU legislation, providing financial equilibrium of the main Romanian infrastructure manager, by granting incentives in order to redu...