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EUROPEAN COMMISSION

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Social/Politics

EU Report: Romanian President, New Government And Parliament Must Ensure Constitutional Order

Romanian President, the new government and Parliament must ensure the stability of the constitutional order, and all political parties should work to reduce the polarisation of the political...

Manuela Panescu · 30.01.2013 · 17:07 · 2 min
Romania's EU Fund Absorption Rate At 11.47% In December
Social/Politics

Romania's EU Fund Absorption Rate At 11.47% In December

Romania's cohesion and structural fund absorption increased to 11.47%, or EUR2.204 billion, at the end of December 2012, from 9.72% in the previous month, in terms of payments from the Europ...

Manuela Panescu · 16.01.2013 · 16:35 · 1 min
EU Investigating Romania 2011 GDP Revision
Banks-Insurance

EU Investigating Romania 2011 GDP Revision

The European Commission is examining the events that led to the dismissal of the head of Romania’s statistics institute after the institute reported a larger-than-usual difference in data re...

Florentina Dragu · 14.01.2013 · 15:25 · 1 min
EU Launches Inquiry Into OPCOM’s Practices
Energy

EU Launches Inquiry Into OPCOM’s Practices

The European Commission has opened formal antitrust proceedings against Romania’s energy exchange OPCOM and state-run power grid operator Transelectrica (TEL.RO) over suspicions the exchange...

Florentina Dragu · 11.12.2012 · 15:38 · 1 min
EU Cuts Romania GDP Growth Forecast To 0.8% In 2012
Macroeconomics

EU Cuts Romania GDP Growth Forecast To 0.8% In 2012

The European Commission revised its forecast on Romanian economic growth to 0.8% in 2012 from 1.4% previously, citing a weaker-than-expected agricultural year and domestic political uncertai...

Florentina Dragu · 07.11.2012 · 16:07 · 1 min
EU Survey: Romania Economic Sentiment Dips In August For Fourth Straight Month
Macroeconomics

EU Survey: Romania Economic Sentiment Dips In August For Fourth Straight Month

Romania’s economic sentiment index fell 2.1 points to 94 in August, due to investor pessimism in most sectors except industry, a European Commission monthly survey showed Thursday.

Ioana Tudor · 30.08.2012 · 14:27 · 1 min
Social/Politics

Government Deems Recent EC Comments Regarding EU Fund Absorption “General Approach”

The recent remarks by the European Commission regarding Romania’s EU fund absorption plan represent only a “general approach” to the matter, the Romanian Government said in a statement Satur...

Ioana Tudor · 14.07.2012 · 16:25 · 1 min
EU Concerned Over Political Crisis In Romania
Social/Politics

EU Concerned Over Political Crisis In Romania

The European Commission Friday expressed concerns over the recent political upheaval in Romania, particularly regarding a series of measures that could threaten the independence of strategic...

Florentina Dragu · 06.07.2012 · 13:57 · 1 min
Capital Market

How The Largest Mutual Fund In Romania Was Created

The creation of the largest mutual fund in Romania started in Brussels, at the European Commission to be precise, which decided to change the rules for the operation of money-market funds to...

Radu Bostan · 15.06.2012 · 00:00 · 2 min