structural reforms

The European Commission has voiceS its concern again on the negative impact that the law amendments and political pressures have had against the judiciary system in Romania in the past three years, according to the EC'S "2020 European…

The main systemic risk is related to the tensioning of macroeconomic balances in Romania, with the solution being the gradual decrease of the budget deficit in order to meet the Medium Term Objective (MTO) and the speeding of structural…

The European Commission said on Wednesday that Romania has not adopted no decision as reaction to the recommendation of the EU Council in June and, consequently, has proposed to the EU Council to adopt a review on the recommendation so that…

Finance Minister, Eugen Teodorovici, has met on Wednesday the IMF delegation, headed by Jaewoo Lee, head of mission for Romania and Bulgaria, on issues related to economic development outlook, modernizing the administration and corporate…

The wages should increase according to productivity, a dramatic consequence being that they are increased by politicians and not by the market force, Mugur Isarescu, the Governor of the National Bank of Romania (BNR), said on Thursday…

Romania needs a new economic growth model based on innovation and integration in the global values chain in order to accelerate its convergence, the regional director of the European Bank for Reconstruction and Development (EBRD), Matteo…

Although the Romanian economy is growing strongly, unemployment has fallen to a record low, and the financial sector is improving, without policy changes, the growth will turn increasingly fragile, International Monetary Fund (IMF) mission…

Romanian President Klaus Iohannis welcomed a World Bank delegation, headed by Cyril Muller, Vice President of the World Bank's Europe and Central Asia region on Tuesday at Cotroceni Palace. The discussions highlighted the particular need…

Romania has not completed the structural reforms it has undertaken, extremely important and we cannot talk about joining the eurozone before their completion, Head of the European Commission Representation, Angela Filote, said on Sunday in…

Romania will have a solid economic growth of 4.3% in 2017, supported by fiscal easing and wage growth, the European Commission spring report reads, which warns that the budget deficit will continue to grow to 3.5% of GDP, due to tax cuts…