ec

EC Proposes Opening Excessive Deficit Procedure for Romania

The European Commission has proposed to the Council to open an excessive deficit procedure for Romania and adopted a recommendation to the Council setting out the adjustment requirements, the Commission said in a statement Wednesday.

EC Allots EUR517M for Bucharest Airport Metro Line

The European Commission on Wednesday approved EUR517 million financing for a new metro line in Bucharest that would eventually run to the Otopeni international airport.

EC Maintains Romania’s 2019 GDP Growth Projection at 3.8%

The European Commission has maintained its 3.8% economic growth projection for Romania in 2019 in its winter economic forecast released Thursday, unchanged from its fall forecast.

EC Expects Romania’s Inflation Rate To Rise Gradually, Budget Deficit To Reach 3.5% Of GDP

Romania’s inflation rate is expected to rise and the budget deficit is seen widening due to tax cuts and higher public spending and the unitary pay bill is a huge risk for fiscal estimations, the European Commission said in its spring forecast released on Thursday.

EC Cuts Romania’s 2017 GDP Growth Forecast To 4.3%

The European Commission (EC) has revised downward its forecast on Romania’s 2017 economic growth by 0.1%, to 4.3% from 4.4%, below the Romanian Government’s projection of 5.2%, and kept its GDP growth forecast of 3.7% for 2018, the Commission said in its spring forecast.

EC: Report On Romania’s Justice Progress To Be Adopted Wednesday

The European Commission’s report under the Cooperation and Verification Mechanism (CVM) for Romania will be adopted Wednesday, EC spokesman Mark Gray told MEDIAFAX Monday.

Romania To Ask EC If Prolonging Labor Restrictions For Romanians Is Justified – Minister

Romania will ask the European Commission to explain if the decision of nine EU member states to keep work restrictions for Romanians is justified considering that, under the country’s EU Acession Treaty, such a measure may be taken only in exceptional cases.

Romanian President: 2012 Budget Targets Deficit Of 1.9% In Cash Terms

Romanian President Traian Basescu said Thursday, after a meeting with the IMF, World Bank and European Commission delegation, that next year's budget will be built on a deficit of 1.9% of the GDP in cash terms, which can be increased up to 2.5% later in the year.

Romania Has Two Months To Transpose Data Retention Directive Into National Law

The European Commission (EC) on Thursday asked Romania and Germany to ensure within two months full compliance with EU rules on data retention.

EC Not Currently Planning To Ban Cyanide Mining, Despite MEPs Request

The European Commission (EC) is not currently planning to ban mining with cyanide, as it considers such a decision is not justified from environmental and health perspectives.

EC Accepts Spain’s Request To Restrict Labor Market Access To Romanian Workers Until End-2012

The European Commission on Thursday approved Spain's request to restrict its labor market to Romanian workers until December 31, 2012 due to serious disturbances on its labor market, the EC said in a press release.

EU May Call On Spain To Lift Labor Restrictions For Romanians Anytime – Sources

Spain will not be allowed to decide unilaterally when to lift restrictions for Romanians main workers on its labor market and the European Commission may ask for the restrictions imposed on July 22 to be lifted anytime, official sources told MEDIAFAX Wednesday.

Romania Is Having Best Farming Year In Last Five Years – EC Report

Romania is having a good farming year, as its yield per hectare is above the average in the last five years for most crops, while the wheat, barley and potato harvests exceed last year's yield, according to the MARS Bulletin drafted by the European Commission's Joint Research Centre.

EC Report: Romania Should Improve Cooperation Btw Integrity Agency And Other Judicial Authorities

Romania should implement measures to unify the practice of wealth investigation commissions and improve the cooperation between the National Integrity Agency (ANI) and other judicial authorities, particularly in the public procurement area, says the EC report on Romania’s justice system.

EC Asks Romania For Norms On Parliamentary Immunity Waiver

The European Commission asks Romania to speed up the resolution of high-level corruption cases, so as to avoid prescriptions in all cases, and also suggests it adopt clear procedural rules on the waiving of parliamentary immunity.

EC Report On Romania: Confiscation Of Criminal Assets Hampered By Restrictive Court Practices

A small share of illegally-obtained assets are confiscated in Romania, because of limited confiscation possibilities provided by law, restrictive court practice and a lack of proactive behavior by the prosecution, says the European Commission's report on the Cooperation and Verification Mechanism.

EC Asks Romania For Law On Extended Confiscation, Results Against Money Laundering

The European Commission asks Romania for convincing results in the recovery of proceeds from crime, a new law on extended confiscation and results in pursuing money laundering a stand-alone offense.

EC Report: Romania Needs To Take Further Anticorruption Measures, Especially In Local Administration

Romania needs to take further measures to prevent and fight against corruption, in particular within the local government, the European Commission said in its report on Romania under the Cooperation and Verification Mechanism, published Wednesday.

EC Report: Romania Must Adopt Transparent, Objective Decisions Within Judiciary System

Romania must adopt transparent and objective management decisions within the judiciary system, including the promotion system to the High Court of Justice, says the European Commission in its report on Romania under the Cooperation and Verification Mechanism, published Wednesday.

EC Report: Romania’s Fight Against Corruption Should Have Parliament Support

The fight against corruption should remain a top priority, with support from the Parliament, says the European Commission in its report on Romania under the Cooperation and Verification Mechanism (CVM), published Wednesday.

EC Report On Romania : Commitment Necessary For Better Results In Asset Confiscation

The European Commission says, in the report on Romania under the Cooperation and Verification Mechanism, that commitment is needed to implement the new codes, restructure the judiciary, consolidate the anti-corruption policy and deliver better results in the confiscation of unjustified assets.

Romania Faces Infringement Procedures On Late Implementation Of New EU Telecom Rules

The European Commission (EC) has started infringement procedures against Romania and 19 other European Union member states for delays in implementing new EU telecom regulations, the EC said in a press release Tuesday.

European Commission Makes 19 Recommendations Meant To Help Romania

The European Commission made 19 recommendations that should help Romania focus its efforts in preparing for the Commission's overall assessment of its progress under the Cooperation and Verification Mechanism (CVM) next year.

EC Report: Many Romanian High-Level Corruption Cases Near Statute of Limitations

The track record of the National Anticorruption Department (DNA) in investigating and prosecuting high-level corruption cases has remained convincing, but a significant number of important cases are currently pending before courts for many years, says the EC report on justice, obtained by MEDIAFAX.

OLAF Monitors Case Regarding Romanian Fmr Labor Min Involved In EU Fund Scandal

The European Anti-Fraud Office (OLAF) addressed the European Commission concerning the impact on the EU budget of the case regarding Romanian former Labor Minister Ioan Botis, who resigned in April amid a EU-funded project scandal, according to the EC.

European Commission To Release Justice Report On Romania On July 20

The European Commission is expected to release its monitoring report on Romania’s justice system on July 20, Commission spokesman Mark Gray told MEDIAFAX Wednesday.

PM: Romania Supports Latest EC Proposition On Reducing Roaming Charges

Romania supports the latest proposition of the European Commission on lowering roaming charges, Prime Minister Emil Boc said Monday during talks with Neelie Kroes, EU Commissioner for Digital Agenda.

EU Welcomes Any Initiative To Improve Romania’s Regional Fund Absorption

The European Commission said Tuesday that any initiative to improve Romania's absorption of regional funds is welcome.

EC Opens In-Depth Investigations Into State Aid To Romanian Air Transport Sector

The European Commission has opened two in-depth investigations under EU state aid rules into a Romanian support scheme for investments in regional airports and to ascertain whether certain rebates and discounts granted by the Timisoara airport to some airlines distort competition.

EU Asks Romania To Implement Directive On Railway Safety

The European Commission (EC) has sent a reasoned opinion to nine member states, including Romania, formally asking them to fully implement the railway safety directive.

EU Launches Infringement Procedure Against Romania Over Air Service Agreement With Russia

The European Commission (EC) on Thursday launched an infringement procedure against Romania over its bilateral air service agreement with Russia.

Romanian Agric Min Says Romania Could Pay Less Than EUR75M To EU For Misused Funds

Romania could pay less than EUR75 million as penalties to the European Commission for misused EU funds, Agriculture Minister Valeriu Tabara told MEDIAFAX in an interview.

Romania Must Pay Back EUR75M To EC For Misuse Of EU Funds For Agriculture

The European Commission claims back EUR74.9 million from Romania, as the country misused European agricultural policy funds.

Topoloveni Plum Jam, First Romanian Product Entered In EU Quality Register

Topoloveni plum jam ("Magiunul de prune Topoloveni") on Friday has become one of the 1.000 products included in the European quality system, after it was entered in the register of protected designations of origin and protected geographical indications, according to the European Commission.

EC Warns Romania About High Poor Air Quality

The European Commission (EC) has sent Romania an additional reasoned opinion concerning the high daily and yearly concentration of airborne particles (PM10), prompting the Environment Ministry to call for a videoconference on the issue with county prefects.

EC Report Notes Positive Effects Of Romania’s Amended Constitutional Court Law

The European Commission’s interim report on Romania’s justice system, released Friday, noted improvements in speeding up trails by amending the law on the country’s Constitutional Court.

Romania Should Focus On Strengthening General Anti-Corruption Policy – EC Report

Romania should focus on measures improving the celerity of high-level corruption trials and strengthening general anti-corruption policy until the European Commission's next assessment, according to the EC’s interim report on Romania’s progress under the Cooperation and Verification Mechanism.

Romania Must Prepare For Effects Of New Legal Codes – EC Report

The European Commission's interim report on the Cooperation and Verification Mechanism says Romania's main challenge regarding judicial reform in the coming months "will be to prepare successfully for the entry into force of the four new codes."

EC Calls On Romania To Exempt Energy Regulator From Unitary Wage Law

The European Commission has warned the Romanian Government the application of the unitary wage law on the country’s energy regulator ANRE could affect the institution’s independence which could bring about an infringement procedure, people close to the matter told MEDIAFAX.

EC Mission To Evaluate Romania’s Progress In Priority Areas Next Week – EC President

European Commission President Jose Manuel Barroso said Monday, in Bucharest, that Romania's main objective should continue to be the implementation of structural and fiscal consolidation reforms, adding that EC experts will visit the country next week to evaluate its progress in seven areas.