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Banks-Insurance

Romania Resumes EU-Fund Reimbursement Applications - EU Affairs Ministry

Romania’s European Affairs Ministry said Thursday the country has resumed sending the European Commission bills for reimbursement for all programs financed from EU structural funds.

Oana Gavrila · 22.12.2011 · 12:52 · 1 min
Social/Politics

European Commission To Resume Payments To Romania Through Operational Program

The European Commission has decided to unfreeze EU funds going to Romania through the Regional Operational Program (POR), Regional Development and Tourism Minister Elena Udrea said Thursday.

Oana Gavrila · 15.12.2011 · 10:58 · 1 min
Social/Politics

EC Unfreezes EU Funds, EUR1B Bills To Be Refunded To Romania

The European Commission will announce Thursday it unfreezes EU funds through the Regional Operational Program (POR), and the procedure of refunding eligible costs for the other programs will...

Iulian Anghel · 15.12.2011 · 00:00 · 2 min
Romania To Draw At Least EUR500M Through POR By End 2012
Macroeconomics

Romania To Draw At Least EUR500M Through POR By End 2012

A further EUR500 million will go into the economy by the end of next year from repayments from the European Commission for beneficiaries of programs financed through the Regional Operational...

Adelina Mihai · 14.12.2011 · 11:09 · 2 min
Energy

European Commission Takes Bulgaria, Romania To Court On Gas Market Transparency Flaws

The European Commission took Romania and Bulgaria to the European Court of Justice, claiming the two states do not offer backhaul at all interconnection points, which blocks newcomers to the...

Andrei Cîrchelan · 24.11.2011 · 15:07 · 1 min
Macroeconomics

Romania's Capital Spending Below Expectations, EU Says

Romanian capital spending has been under-executed in the first eight months of the year and is likely to post a more modest growth rate for the whole year compared to original expectations,...

Florentina Dragu · 10.11.2011 · 16:10 · 1 min
EC Cuts Romania 2012 GDP Growth Forecast On European Worries
Macroeconomics

EC Cuts Romania 2012 GDP Growth Forecast On European Worries

The European Commission revised its forecast on Romanian economic growth to 2.1% in 2012 from 3.7% previously, citing worsening conditions in EU markets.

Florentina Dragu · 10.11.2011 · 12:21 · 1 min
Energy

Hidroelectrica: None Of Our Contracts Can Be Considered State Aid

The management of Romanian state-owned hydropower producer Hidroelectrica on Friday said that none of the bilateral contracts it has concluded to sell electricity, including the ones with Al...

Andrei Cîrchelan · 21.10.2011 · 19:25 · 1 min
Almunia: Romania GDP Growth Forecast Looking Good
Macroeconomics

Almunia: Romania GDP Growth Forecast Looking Good

Romanian economy has gone through a period of relative stabilization in 2011 and the prospects for next year seem favorable, but the authorities should ensure the predicted growth materializ...

Florentina Dragu · 21.10.2011 · 14:14 · 1 min