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Commission lauds Bulgaria, castigates Romania on judicial reform

Wednesday, November 14, 2018

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The European Commission published on Tuesday (13 November) reports on Bulgaria and Romania under the so-called Cooperation and Verification Mechanism (CVM), commending Bulgaria for progress made and lambasting Romania for backtracking. Both countries, however, were warned to uphold media freedom, euractiv.com reads. CVM was set up as a condition of the countries’ EU accession almost eleven years ago, on 1 January ...

Romania: MEPs are deeply concerned about judicial independence and rule of law

Wednesday, November 14, 2018

Capacity to fight corruption at risk after revamp of judicial and criminal laws, EP says în a press release Need to reinforce parliamentary control over the intelligence services MEPs condemn the violent and disproportionate police response to public protests The EP is “deeply concerned” about the ...

European Commission's progress report on Romania under the Cooperation and Verification Mechanism

Wednesday, November 14, 2018

The European Commission adopted today its latest report on developments in Romania to meet its commitments on judicial reform and the fight against corruption, in the context of the Cooperation and Verification Mechanism (CVM). Today's report takes stock of the situation since November 2017. It notes that while Romania has taken some steps to implement the final 12 recommendations issued by the Commission in January 2017, in order to fulfil the CVM ...

President Iohannis: Romania went back 11 years ago, where it was before joining the EU

Wednesday, November 14, 2018

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Romania went back 11 years ago, where it was before joining the EU, and the Dragnea-Dancila Government wiped away all the effort it made towards membership, said President Klaus Iohannis on Tuesday."Both the European Parliament Resolution and the CVM Report mention the same things - Romanians, most Romanians, I and many others, want to be Europeans, build a solid, transparent democracy for the Romanians. Unfortunately, this democracy crash, Dragnea - Dancila ...

Head of EC office in Romania: CVM report worse than previous one

Wednesday, November 14, 2018

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Angela Cristea declared on Tuesday, that the CVM report is a drawback compared to the previous one, especially about ensuring the independence of justice. “What do we see in this report? It is a drawback compared to the previous report especially about ensuring the independence of justice. At the same time, we remain deeply engaged in the project of closing down this Cooperation and Verification Mechanism, if possible during the mandate of this ...

George Ciamba appointed as Minister-delegate for European Affairs

Wednesday, November 14, 2018

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President Klaus Iohannis signed on Tuesday the decree appointing George Ciamba as Minister-delegate for European Affairs, informs a press release issued by the Presidential Administration.George Ciamba is a career diplomat and has been working in the Ministry of Foreign Affairs (MAE) of Romania since December 1990, according to the MAE website.Since November 2012 he has been Secretary of State for European Affairs. Previously, George Ciamba was ...

Current account deficit widens by 38.5pct nine months into 2018

Wednesday, November 14, 2018

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 Romania's balance-of-payments current account recorded a deficit of 6.619 billion euro in the first nine months of 2018, by 38.5pct higher than in the similar period of 2017, shows a release of the National Bank of Romania (BNR) issued on Tuesday.Between January and September 2017, the current account deficit amounted to 4.779 billion euro. According to the BNR, the balance of goods in structure recorded a deficit by 1.492 billion euro ...

APRIL: our costs increased very much, which means that dairy products will get more expensive

Wednesday, November 14, 2018

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The dairy products will get more expensive due to the increase of the transport costs,lack of road infrastructure and the increase of the minimum salary,which anyway was not budgeted for 2018,announced on Friday the chairman of the Employers’ Association in the Milk Industry (APRIL) Dorin Cojocaru, without mentioning a certain percentage.He sent a message to those who want to invest now in the milk industry: ‘think well and analyse the market,depending ...

Sanjeev Gupta’s Liberty Steel pledges EUR 300 mln investment in Galati Steelworks

Wednesday, November 14, 2018

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British industrialist Sanjeev Gupta met with several government members and pledged to invest EUR 300 million to upgrade the Galati steelworks plant, which he recently bought through Liberty Steel in a transaction expected to be completed in early 2019. Gupta also pledged to create programmes to review investing into developing new industrial skills among young people to fuel economic growth, particularly in manufacturing heartlands, such as the Galati ...

Airbus signs 15-year collaboration contract with IAR

Wednesday, November 14, 2018

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French group Airbus and IAR Ghimbav signed in Paris the definitive contract for an exclusive collaboration for a period of 15 years, a document whose principles were established in an initial agreement on August 2017, in Bucharest. Under the Definitive Collaboration Agreement, the IAR is the lead contractor for the H215M for any future order from the Romanian Defence Ministry aimed at replacing the aging fleet. Airbus was dissatisfied from time to time ...

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