ec

EXCLUSIVE: EC Asks Romanian Authorities To Explain Ordinance On Consumer Loans, After Complaints

The European Commission is asking Romanian authorities for an explanation, after it received complaints regarding the transposition of Directive 84/2008 into Romanian legislation through Emergency Ordinance 50/2010, which requires banks to ensure transparency for current loan contracts.

Romania Fails To Use 95% Of EU Funds – EC Official

Romania fails to use about 95% of the EU funds it has at its disposal, which calls for reform in its public administration, which should be depoliticized, an official of the European Commission said Tuesday.

EC Closes Infringement Against Romania On Optical Radiation

The European Commission has closed legal proceedings against ten countries, including Romania, after they communicated national measures to transpose European Union rules into national law.

EC: EU Member States Must Publish Flood Risk Maps By End-2013

The European Commission said, answering a query by Romanian social democrat MEP Daciana Sarbu, that Romania and the other member states must prepare and publish, by the end of 2013, maps on areas threatened by flooding.

Romanian Govt Pledges To Eliminate Income Tax Exemptions For Computer Programmers

Romania’s Government pledged in its additional Memorandum of Understanding agreed with the European Union to extend the income taxation pool by taxing food vouchers and bank deposit interest, as well as by gradually eliminating income tax exemptions for computer programmers.

President: EC Statement That Romania Breaches Accession Commitments Unacceptable

Romania’s President Traian Basescu said Tuesday that the European Commission's claim that Romania breaches its accession commitments is “unacceptable,” adding Romania cannot take such an overstatement and calls for an “unbiased approach.”

EC Asks Romania To Correct Integrity Agency Law, Install Full Public Procurement Transparency

The European Commission "invites" Romania in its report on the country, released Tuesday, to take action correcting the National Integrity Agency law, monitoring sanctions applied in high-level corruption cases and install full transparency in public procurement.

EC Says Romania Should Revise Supreme Court Competence, Increase Magistracy Institute Role

The European Commission recommended Romania in its report released Tuesday to revise the competences of its High Court of Justice and strengthen the role of the country’s National Magistracy Institute.

EC Report On Romania Points To Shortcomings, Integrity Agency Law Seen As Significant Step Back

The European Commission said in its report on Romania’s justice system, released Tuesday, the country didn’t show sufficient political commitments and its progress has important shortcomings, such as legislative amendments weakening the National Integrity Agency.

EC To Release Next Justice Report On Romania In Summer 2011

The European Commission notes, in its justice report on Romania released Tuesday, that the next assessment of the country’s progress will be released in summer 2011.

EU Commissioner For Humanitarian Aid To Visit Romania, Three More Members Offer Flood Relief

Kristalina Georgieva, the European Commissioner for International Cooperation, Humanitarian Aid and Crisis Response, will visit Romania on Friday, as three other states – Bulgaria, Hungary and Poland – offer to help Romania with the floods in its northeastern region.

EC Received No Request For Flood Relief From Romanian Govt

The European Commission has not received any request for aid from the Romanian Government, although it is “open” to the idea of activating the Mechanism for civil protection on request, Commission spokesman Ferran Tarradellas Espuny said Friday.

EP Asks EC To Enforce Rail Liberalization In Several Member States, Including Romania

The European Commission (EC) should launch infringement procedures against member states which have not yet opened up their rail networks to competition, says a resolution adopted Thursday by the European Parliament (EP), which names Romania as one of the offenders.

Romania Agrees To Increase Tax Rates If Current Austerity Measures Are Not Enough – EC

The European Commission said Monday, in response to questions addressed by MEDIAFAX, that it had been agreed during discussions with Romanian authorities that additional revenue raising actions, including increasing tax rates, will be implemented to close any unexpected budgetary gap.

EC Adopts Revised Competition Rules For Vehicle Distribution And Repair

The European Commission has adopted new competition rules for agreements between vehicle manufacturers and authorized dealers, which forbid producers from demanding that their vehicles are only serviced in authorized garages, the EC said in a press release.

Romania Mulls Reintroducing Excises On Luxury Products, Risks EC Sanctions

Romania’s Government plans to reintroduce excises on yachts, perfumes, hunting weapons, jewelry and other luxury products starting 2010, and the country risks to be sanctioned by the European Commission, as it breaches certain European norms.

EP Wants EC To Propose, Until End-2011, Complete Ban On Use Of Cyanide Mining

European lawmakers want the European Commission (EC) to propose a complete ban on the use of cyanide mining technologies in the European Union before the end of 2011, in a move to protect water resources and biological diversity, the European Parliament (EP) said in a press release Wednesday.

EC Sends Romania 2nd Letter Of Notice Over Telecom Regulator’s Independence

The European Commission has sent a second formal request for information to Romania on the independence of its telecoms regulator ANCOM, under an infringement procedure it opened in January 2009, the Commission said in a press release Wednesday.

EC Report: Romania Didn’t Keep Reform Momentum, Has Limited Results

Romania has not managed to sustain the reform momentum it had gained mid-2009 and the capacity of its judicial system has been affected by staff losses, the European Commission said in its justice report released Tuesday.

EC Draft Report Notes Problems In Romania’s Justice Sector Due To Magistrates’ Protests

The European Commission’s interim report on Romania’s justice sector, expected to be released Tuesday, mentions the problems arisen in the justice sector following last year’s protests staged by magistrates and the staff shortage the country is still facing in the legal system.

EC To Release Justice Reports On Romania, Bulgaria Tuesday

The European Commission will release Tuesday its interim reports on Romania and Bulgaria’s justice sectors, Bulgarian news website novinite.com reported Monday, citing a Commission spokesperson.

EC Asks Netherlands To Revise Restrictions On Romanian Employees Temporarily Dispatched For Work

The European Commission asks the Netherlands to review its restrictions on Romanian and Bulgarian employees who are temporarily dispatched to that country by their employers, according to an EC press release on Thursday.

EC Interim Justice Report Says Romania Didn’t Sustain Reform Momentum

The European Commission’s interim report on Romania’s justice sector, expected to be released next week, states the country has been unable to sustain reform momentum over the past six months but notes the fight against corruption has improved slightly, RFI reported Wednesday, citing a draft of the

EC Hopes To Release Justice Report On Romania Next Week

The European Commission hopes to adopt its interim justice reports on Romania and Bulgaria next week, Commission spokesman Mark Gray said Monday, adding the reports will be factual and won’t include political assessments.

Romania Must Send EC Data On Four Steel Plants By Jan 20

Romania complied with all the obligations in the EU Accession Treaty regarding the steel sector but must send the European Commission various data on four steel plants until January 20, 2010, namely on Mechel Targoviste, Mechel Campia Turzii, ArcelorMittal Hunedoara and ArcelorMittal Galati.

Romanian Commissioner-Designate Dacian Ciolos To Be Heard In EP On Jan 15

Dacian Ciolos, the Romanian nominee for the position of European commissioner, will be heard by the European Parliament on January 15, according to the schedule published on the EP’s site.

Romania’s New EU Commissioner Dacian Ciolos Says Honored To Contribute To European Construct

Former Romanian agriculture minister Dacian Ciolos, newly designated European Commissioner for Agriculture, said Friday that he is honored to contribute to the “European construct.”

New European Commission Composition To Be Announced Friday

The composition of the new European Commission will be announced Friday around noon, in Brussels, with Romania's former agriculture minister Dacian Ciolos nominated for the agriculture portfolio, diplomatic sources told MEDIAFAX.

EC May Clear EUR320M Guarantee For Ford Romania This Week

The European Commission might approve this week the EUR320 million guarantee granted by Romania to US carmaker Ford, owner of local assembly plant Automobile Craiova, Competition Council head Bogdan Chiritoiu told a news conference Tuesday.

IMF, EC Put Off Loan Disbursements To Romania On Political Uncertainty

The International Monetary Fund is prepared to disburse a new tranche of its EUR13 billion loan to Romania as soon as the political crisis ends, IMF mission’s head Jeffrey Franks said Friday.

EC, WB Premise Loan Tranches To Romania On Wage Law Adoption – Sources

The European Commission and the World Bank are not likely to sanction further loan disbursements to Romania unless the country adopts its pledged structural reforms, particularly in the public wage and pension sectors, people familiar with the matter told MEDIAFAX Tuesday.

EC: Political Uncertainty May Hinder Romania’s Economic Recovery

The European Commission warned the current political noise could delay the enforcement of proposed public spending cuts and weaken Romania's economic recovery in a fragile external environment.

EC Revises Up Romania’s 2010 GDP Growth To 0.5%

The European Commission revised upward its forecast for Romania’s economic growth to 0.5% in 2010, a slight improvement from a zero growth rate previously envisaged, the Commission said in its autumn forecast Tuesday.

EC Urges Greece To Recognize Romanian, Bulgarian Professional Qualifications

The European Commission (EC) has decided to send a letter of formal notice to Greece requesting compliance with a ruling of the European Court of Justice concerning implementation of a Directive relating to the accession of Bulgaria and Romania to the EU, the EC said in a statement Thursday.

EC To Continue Infringement Unless Romanian Senate Adopts Act Setting Up Telecom Regulator

The European Commission warned the Romanian Government it will move to the second stage of the infringement procedure over Romania’s telecom regulator unless the Senate urgently adopts the decree setting up the regulator ANCOM.

EC Sees CEE Economic Outlook Improving, Yet Challenges Persist

The economic outlook for Central and Eastern Europe is improving, but important challenges remain, such as ensuring the financial system health and securing a sufficient supply of credit to support the recovery, the European Commission said Friday.

Romanian Social Democratic Women Back Adrian Severin For EU Commissioner

Rovana Plumb, head of the women branch within Romania’s Social Democratic Party, said she will propose the party to back MEP Adrian Severin for the European Commissioner seat.

Romania Eyes Agriculture Portfolio In New EC Structure, Also Readies Backup – President

Romanian President Traian Basescu said Wednesday, during a meeting with Romanian diplomats at the presidential Cotroceni Palace, that Romania eyes obtaining the agriculture portfolio in the future configuration of the European Commission, adding Romania also readies a backup option.

Romania To See Second Budget Revision In August – PM

Romania’s Government scheduled this year’s second budget revision for August, Prime Minister Emil Boc said Saturday.

EC Claims Romanian Bridge Toll Is Legal, FORT Complaint Is Pending

A vignette state, such as Romania, can collect road and bridge tolls, according to the EU’s Press Office, adding that the European Commission has not yet received any complaints regarding the toll collected on the Romanian Fetesti-Cernavoda bridge.