May 19, 2012

Investigations Into State Aid To Romanian Air Transport Sector Began

The European Commission has opened two investigations under EU state aid rules into a Romanian support scheme for investments in regional airports and to ascertain whether certain rebates and discounts … [Read more...]

European Commission Takes On Bucharest For Poor Funds Absorption

Dacian Ciolos, the European Commissioner for Agriculture, stated that bureaucracy and corruption reigning in the European funds-access system are well-known by the European Commission (EC). He also said … [Read more...]

One Of Three World’s Strongest Lasers – Outside Bucharest

Romania will be the host of one of the strongest and biggest lasers in the world. The big plan involves a total of three lasers to be built in different countries: one in the Czech Republic, another in … [Read more...]

Romania Can Attract 10bn Euros From Green Energy In 10 Years

According to calculations made by the French Embassy in Bucharest, in the next ten years investments in renewable energy could reach around 7-10 billion euros, which would amount to "planting" around 2,400 … [Read more...]

EC: Romania Has To Change End-User Price Regulation Schemes

On Wednesday, the European Commission formally addressed Italy, Poland and Romania requesting them to bring their national legislation on regulated end-user energy prices in line with EU rules. According … [Read more...]

NBR Reserve Strengthen By EC Loan Tranche

After the 1.4bn-euro tranche from the loan the state contracted from the European Commission was disbursed, NBR's foreign currency reserve added almost 700m euros in March. Thus, it climbed to 32.76bn … [Read more...]

IMF Wants Gas, Electricity Prices Liberalization

Jeffrey Franks, IMF Mission Chief for Romania told a press conference yesterday that the International Monetary Fund (IMF) mission has reached an agreement with Romania. Also, the mission reached an agreement … [Read more...]

EC: Romania Should Sale Land To Foreigners Before 2014

According to the European Commission, it would be a good idea that Romania and Bulgaria allow EU citizens who are not established in the respective countries, to buy agricultural land before 2014. In 2014, … [Read more...]

Environment Problems In The Danube Delta Might Get Bucharest A Law Suit

Romania has only two months to deal with the environment problems existing in the Danube Delta and the Sulina area. If problems are not taken care of, the European Commission will sue the state at the … [Read more...]

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