EUROPEAN COMMISSION
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European Commission Approves EUR16M Increase In State Aid For Rehabilitation Of Bucharest Heating System
The European Commission has approved a EUR16 million increase in state aid for the project targeting the “Rehabilitation of Bucharest’s District Heating System”—an investment of strategic im...
European Commission Greenlights Romanian EUR578M State Aid For Energy-Intensive Firms
The European Commission has announced on Nov 21 that it has approved a EUR578 million (RON2.9 billion) Romanian state aid scheme to support energy-intensive companies.
European Commission Slashes 2024 Economic Growth Forecast For Romania From 3.3% To 1.4%
The European Commission has slashed its real GDP growth forecast for Romania to 1.4% in 2024 from the 3.3% estimated in the spring, the EC said on Friday (November 15).
European Commission Approves Romania’s EUR400M Aid Scheme For Drought-hit Farmers
The European Commission has approved a EUR400 million Romanian state aid scheme to compensate farmers affected by severe drought, the Commission has announced in a press statement on Oct 24,...
EC Report Shows Link Between EUR8B In Uncollected VAT And CO2 Emissions
In 2021, European Union member states lost around EUR61 billion in uncollected VAT, of which over EUR8 billion in Romania alone, placing the country third among European states in terms of n...
Nuclearelectrica Announces European Commission’s Positive Opinion On Units 3 And 4 Project At Cernavoda Nuclear Power Plant
State-run Nuclearelectrica (SNN.RO), the operator of the Cernavoda nuclear power plant, has announced in a stock market report on July 2 the adoption of the European Commission’s positive op...
European Commission Approves EUR95M Romanian Restructuring State Aid For TAROM
The European Commission has approved, under EU State aid rules, Romania's plans to grant its state-owned flag carrier TAROM restructuring aid of up to EUR95.3 million (RON473.69 million). Th...
European Commission Okays Reintroduction of Romania EUR2.5B State Aid Scheme
The European Commission has approved the reintroduction of Romania’s EUR2.5 billion state aid scheme meant to support enterprises in the context of Russia’s war against Ukraine.
European Commission OKs EUR3B Romanian State Aid Scheme To Support Onshore Wind And Solar Photovoltaic Installations
The European Commission has approved a €3 billion (RON 15.22 billion) Romanian scheme to support installations producing electricity from onshore wind and solar photovoltaic to foster the tr...