European Commission
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First official figure: 2.1 million Romanians work in 15 European countries
At least 2.1 million Romanians work in EU member states, most of them in Italy, Spain and Germany; this is the first official figure released by European Commission representatives.
Why the Forecasts Commission and Institute did not know Romania would see a decline in 2010
But since the economy declined, revenues did not match the forecast, so the government had to restructure costs significantly.
New round of talks with IMF starts from 0.5% GDP decline scenario in 2011
Romania will start a new round of talks with the IMF and the European Commission on Monday, with the spectre of the third year of recession in a row looming, as the GDP could go down by 0.5%...
European Commission accuses: Romania has broken its promises to the EU
The European Commission (EC) yesterday published its most critical report to date on Romanian justice since the establishment of the Cooperation and Verification Mechanism (CVM - a monitorin...
European Commission: Romania's Internet development strategies are still on paper
Romania, which has one of the lowest Internet penetration rates in the European Union (EU), a year ago adopted a strategy to support development of this market sector, partly with the aid of...
10m-euro Kronospan plant can bring Romania before European Court of Justice
The European Commission has given a second warning to Romania, after Kronospan Sebes's formaldehyde plant breached environmental regulations. The commission warns Romania that if the company...
European Commission drastically revises Romania's economic growth forecast to 1.75%
The European Commission yesterday released the bleakest estimate of an international institution about the performance of Romania's economy this year, significantly reducing the economic gro...