The households affected by the recent severe floods would benefit from a voucher of RON 15,000 (EUR 3,000) each for purchasing household appliances, Social Democrat (PSD) spokesman Lucian Romaşcanu announced on September 23, quoted by Agerpres and
PARIS – French President Nicolas Sarkozy has said on Tuesday night there are too many foreigners in France and the system for integrating them is “working more and more badlyâ€, the BBC informs. In a TV debate, Sarkozy defended his plan to almost halve the number of new arrivals if re-elected next month. Sarkozy is [...]
The households affected by the recent severe floods would benefit from a voucher of RON 15,000 (EUR 3,000) each for purchasing household appliances, Social Democrat (PSD) spokesman Lucian Romaşcanu announced on September 23, quoted by Agerpres and
Belgian company Avesta Battery and Energy Engineering (ABEE) has decided to end its collaboration for the project in Romania but continues to explore other promising locations to support strategic growth, according to a company's statement dating from June surfaced in local media (
The European Commission (EC) proposes a EUR 120 million allocation from its reserves for direct payments to farmers in Bulgaria, Germany, Estonia, Italy, and Romania who were impacted by adverse weather events in the spring and early summer, the EC's Representation in Romania said in a press release. Of this grant, EUR 10.9 million is […]
The European Commission will operate the third disbursement under the Resilience Facility to Romania by the end of the year, but the disbursement will be "partial" as only 38 reforms out of the total of 55 were met, Romanian minister of investments and European funds Adrian Caciu said on September 23. Earlier this month, MEP […]
Based on the first budget revision endorsed by the government on September 23, the Fiscal Council estimates that the full-year cash deficit will reach 8% of GDP instead of the 6.9% targeted by the Executive, according to a Council’s opinion. The ongoing negotiations with the European Commission ahead of an expected medium-term fiscal consolidation...
The government of Romania approved on September 23 the budget revision that brings the deficit to 6.9% of GDP from 5% previously and revises the economic growth assumption down to 2.8% of the GDP from 3.4%. Prime minister Marcel Ciolacu said this is "a positive budget correction" because "additional resources are allocated for all major […]