European Commission

The new minister of Finance, Alexandru Nazare has received a letter from the European Commission on December 29, 2020, with the authorities in Brussels voicing intention to discuss and collaborate with the Government in Bucharest on the…

The European Commission has urged Romania and Ireland today to communicate transposition measures on the EU rules to fight against fraud to the Union's budget. The EC has sent today reasoned opinions to Ireland and Romania for failing to…

PM Ludovic Orban said that religious services can be held in Romania in compliance with the sanitary protection rules. His statement came after the European Commission had recommended that Christmas  masses should be held online amid the…

Romanian minister of Public Finance, Florin Cîțu, has announced today that it had signed an external payment to the European Commission, representing the advance for the anti-Covid 19 vaccine, worth over EUR 12 million. "All Romanians…

BCR was selected by the European Commission in a consortium that applied for the European initiative "INNOSUP-10-2020 - Closing the finance gap for IPR-driven start-ups and SMEs" to receive a grant totaling EUR 1 million. The funds will be…

Based on the Commission 2020 autumn forecast and the analysis of recent macroeconomic and budgetary developments, Romania is not set to make the adjustments that would be necessary in order to ensure that the excessive deficit is corrected…

Romania’s economy is set to recover from a fall in output in the first half of the year due to the COVID19 crisis, according to the "Autumn 2020 Economic Forecast" released by the European Commission on Thursday. Although the contraction…

Three of the world’s most eminent scientists have criticised the European Commission’s intention to drastically cut photonics funding over the next seven years. Digital innovation which drives economic growth and creates jobs all across…

The European Commission has Okayed the major infrastructure road project "Bypass of Bacau", with a total value of RON 968.781 million, Transport minister Lucian Bode has announced. The Transport minister has applied for these funds…

President Klaus Iohannis has warned in a press statement on Tuesday that Romania risks losing EU funds and being downgraded by the rating agencies if the state budget is not responsibly drafted amid economic crisis prompted by the Covid-19…