EUROPEAN COMMISSION
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European Commission Revises Romania' Economic Growth Forecast Down To 2.9% In 2024, Expects 5.8% Annual Inflation
The European Commission, in its Winter Forecast on February 15, revised downwards its forecast for Romania’s economic growth to 2.9% for 2024 and 3.2% for 2025, lower by 0.2 percentage point...
European Commission Approves EU241M Aid For Romanian Farmers
The European Commission approved on Friday (Feb 9) an aid scheme worth EUR241 million (RON1.2 billion) notified by Romania to support agricultural producers, in the context of the war waged...
European Commission Approves EUR126M State Aid Scheme For investments In Romania’s Ports
The European Commission has approved a EUR126 million Romanian scheme to support investments in ports facing increased trade flows after Russia’s war against Ukraine.
European Commission Endorses Romania's EUR28.5B Modified Recovery And Resilience Plan
The European Commission has given a positive assessment of Romania’s modified recovery and resilience plan, which includes a REPowerEU chapter.
European Commission Sees Romania’s Economy Slowing To 2.2% In 2023
The European Commission forecasts, in its autumn economic report for Romania, that the real GDP growth is expected to slow to 2.2% in 2023 due to high inflation limiting disposable income, r...
European Commission OKs EUR200M Romanian Scheme For Forest Owners Facing Exploitation Restrictions
The European Commission has approved a Romanian state aid scheme worth RON200 million (RON998 million lei) intended to compensate forest owners for the wood they did not cut, as a result of...
European Commission Urges Romania To Remove Restrictions On Electricity Export
The European Commission found that Romania did not fulfill its obligations assumed in the Treaty on the Functioning of the European Union (TFEU) by restricting the export of electricity, as...
European Commission OKs EUR259M Romanian Scheme To Support Investments In Batteries, Photovoltaic Cells And Panels
The European Commission has approved, under EU State aid rules, a Romanian scheme worth EUR259 million, within the Recovery and Resilience Facility (RRF), which is geared towards supporting...
European Commission Raises Romania’s 2023 Economic Growth Forecast to 2.5%
Romania’s economy is expected to grow by 2.5% in 2023, the European Commission said in its winter economic forecast published on Monday, higher than the fall forecast of only 1.8%.