European Union

The European Union (EU) and the Romanian Government are to make available up to 1 billion EUR to support the growth in the key sectors of the economy. The targeted companies are the ones that seek for investments into the development of…

EximBank is coming to support the Romanian exporters during the COVID-19 pandemic and launches a new short term insurance product in the name and the account of the Romanian state  that allows business continuity and maintenance of…

Romania has been nominated by the European Commission to buy, stock and distribute medical equipment for all the European Union countries affected by the novel coronavirus pandemic, the USR-PLUS Alliance announced on Tuesday. "USR PLUS…

In 2019, average hourly labour costs in the whole economy (excluding agriculture and public administration) were estimated to be EUR 27.7 in the European Union of 27 Member States (EU) and EUR 31.4 in the euro area, reveals the latest…

Romania is recording the lowest ratio in the European Union on healthcare expenditure, according to the latest Eurostat report, which gives our country an even gloomier overview particularly those days, amid fight against the novel…

President Klaus Iohannis will ask the European Union leaders in the video conference due this afternoon to develop as a matter of urgency procedures through which the member state should launch common acquisitions for medical equipment…

The exchange rate has hit a new negative record on Monday: RON 4.8242 for one euro. Last week, the national currency has decreased day by day last week, with analysts saying it will follow a similar trend in the upcoming period. Yet, the…

As Romania has recorded the highest electricity price growth in EU for heavy consumers, European Union is offering 60% non-reimbursable funds for the heavy energy consumers, up to 15 mln. EUR, through the POIM 6.4 financing axis, which can…

Households in Romania top a EU ranking on the difficulties in paying utility bills, a recent Eurostat survey reads. In 2018, almost 7% of households in the European Union had been unable to pay utility bills (heating, electricity, gas,…

Romania will receive less than EUR 3 billion from the European Union this year, Pro TV reported. Our country has lured about one third of its EU money for 2014-2020 in the past 6 years. Minister of European Funds explained that the…