http://www.eubusiness.com Latest business news about Romania and the European Union. daily 1 2007-01-02T13:22:44Z http://www.eubusiness.com/news-eu/romania-economy-imf.f4h Romania's centre-right government has agreed to an IMF call to cut 600 jobs in the state-owned postal service before opening it up to private capital, the Mediafax news agency reported Sunday. No publisher eub2 Text and Picture Copyright 2012 AFP. All other Copyright 2012 EUbusiness Ltd. All rights reserved. This material is intended solely for personal use. Any other reproduction, publication or redistribution of this material without the written agreement of the copyright owner is strictly forbidden and any breach of copyright will be considered actionable. Romania jobs IMF Headline2 economy 2012-02-12T23:36:07Z News Item http://www.eubusiness.com/europe/romania/progress-12 When they joined the EU on 1 January 2007, Romania and Bulgaria still had progress to make in the fields of judicial reform, corruption and organised crime. To smooth the entry of both countries and at the same time safeguard the workings of its policies and institutions, the EU decided to establish a special "cooperation and verification mechanism" to help them address these outstanding shortcomings. In December 2006, the Commission set criteria ("benchmarks") for assessing progress made on these issues (consult the reports). The decision to continue assessing Bulgaria and Romania shows the EU's commitment to see the two countries develop the effective administrative and judicial systems they need to deliver on the obligations of membership as well as enjoying the benefits. Progress on judicial reform, corruption and organized crime will allow Bulgarians and Romanians to enjoy their full rights as EU citizens. No publisher eub2 Romania 2012-02-08T16:30:15Z Guide http://www.eubusiness.com/news-eu/romania-bulgaria.f1q Romanian and Bulgarian hopes of rapidly joining the Schengen visa-free travel zone were dealt a new blow Wednesday as an EU report urged them to take more action against corruption and organised crime. No publisher eub2 Text and Picture Copyright 2012 AFP. All other Copyright 2012 EUbusiness Ltd. All rights reserved. This material is intended solely for personal use. Any other reproduction, publication or redistribution of this material without the written agreement of the copyright owner is strictly forbidden and any breach of copyright will be considered actionable. Romania Netherlands immigration Schengen Headline1 Bulgaria 2012-02-08T16:29:15Z News Item http://www.eubusiness.com/news-eu/romania-politics.ezo Romania's centre-right Prime Minister Emil Boc resigned on Monday amid public anger at austerity measures and despite praise from the IMF and the EU for piloting drastic economic reforms. No publisher eub2 Text and Picture Copyright 2012 AFP. All other Copyright 2012 EUbusiness Ltd. All rights reserved. This material is intended solely for personal use. Any other reproduction, publication or redistribution of this material without the written agreement of the copyright owner is strictly forbidden and any breach of copyright will be considered actionable. Romania finance IMF politics economy 2012-02-06T12:29:39Z News Item http://www.eubusiness.com/news-eu/romania-economy-imf.eza The International Monetary Fund and the European Union on Sunday said they had trimmed Romania's 2012 growth forecast to 1.5-2.0 per cent, due to international economic turbulence. No publisher eub2 Text and Picture Copyright 2012 AFP. All other Copyright 2012 EUbusiness Ltd. All rights reserved. This material is intended solely for personal use. Any other reproduction, publication or redistribution of this material without the written agreement of the copyright owner is strictly forbidden and any breach of copyright will be considered actionable. Romania finance IMF budget Headline2 economy 2012-02-05T19:54:48Z News Item http://www.eubusiness.com/news-eu/romania-bulgaria.exm Romania's President Traian Basescu on Thursday accused the Netherlands of abuse over its blocking of Romania and Bulgaria's accession to the visa-free Schengen area. No publisher eub2 Text and Picture Copyright 2012 AFP. All other Copyright 2012 EUbusiness Ltd. All rights reserved. This material is intended solely for personal use. Any other reproduction, publication or redistribution of this material without the written agreement of the copyright owner is strictly forbidden and any breach of copyright will be considered actionable. Romania Netherlands immigration Schengen Bulgaria 2012-02-02T11:28:12Z News Item http://www.eubusiness.com/news-eu/romania-politics.evh Former Romanian prime minister Adrian Nastase was sentenced Monday by the Supreme Court to a two-year jail term for corruption at the end of a trial closely monitored by the European Union. No publisher eub2 Text and Picture Copyright 2012 AFP. All other Copyright 2012 EUbusiness Ltd. All rights reserved. This material is intended solely for personal use. Any other reproduction, publication or redistribution of this material without the written agreement of the copyright owner is strictly forbidden and any breach of copyright will be considered actionable. politics Romania corruption trial 2012-02-02T20:53:00Z News Item http://www.eubusiness.com/news-eu/romania-politics.eqg Romania's Foreign Minister Teodor Baconschi, who learnt he had been sacked while attending EU talks in Brussels, on Monday said he "took note" of the decision by Prime Minister Emil Boc. No publisher eub2 Text and Picture Copyright 2012 AFP. All other Copyright 2012 EUbusiness Ltd. All rights reserved. This material is intended solely for personal use. Any other reproduction, publication or redistribution of this material without the written agreement of the copyright owner is strictly forbidden and any breach of copyright will be considered actionable. Romania diplomacy demo politics Council of Ministers 2012-01-23T21:52:42Z News Item http://www.eubusiness.com/news-eu/romania-bulgaria.en3 Romanian President Traian Baseescu on Thursday blasted the EU's veto of his country's accession to the visa-free Schengen area and labour market restrictions imposed by nine member states. No publisher eub2 Text and Picture Copyright 2012 AFP. All other Copyright 2012 EUbusiness Ltd. All rights reserved. This material is intended solely for personal use. Any other reproduction, publication or redistribution of this material without the written agreement of the copyright owner is strictly forbidden and any breach of copyright will be considered actionable. Romania Schengen immigration labour Bulgaria 2012-01-19T15:58:34Z News Item http://www.eubusiness.com/news-eu/romania-economy-imf.ehm The International Monetary Fund and the European Union will review the implementation of economic reforms in Romania during a new mission, from January 25 to February 6, the IMF said Wednesday. No publisher eub2 Text and Picture Copyright 2012 AFP. All other Copyright 2012 EUbusiness Ltd. All rights reserved. This material is intended solely for personal use. Any other reproduction, publication or redistribution of this material without the written agreement of the copyright owner is strictly forbidden and any breach of copyright will be considered actionable. Romania finance IMF debt economy 2012-01-11T21:21:37Z News Item http://www.eubusiness.com/news-eu/romania-bulgaria.ebm Five years after joining the European Union, Bulgaria and Romania are cashing in billions of euros in aid and their citizens can earn a living in the bloc's more fortunate members, even if obstacles persist. No publisher eub2 Text and Picture Copyright 2011 AFP. All other Copyright 2011 EUbusiness Ltd. All rights reserved. This material is intended solely for personal use. Any other reproduction, publication or redistribution of this material without the written agreement of the copyright owner is strictly forbidden and any breach of copyright will be considered actionable. Romania Headline2 FOCUS Bulgaria 2011-12-29T10:07:57Z News Item http://www.eubusiness.com/news-eu/romania-politics.e61 Romania's supreme court acquitted former prime minister Adrian Nastase of corruption on Thursday after he was accused of bribing a top official to thwart an investigation into his wife. No publisher eub2 Text and Picture Copyright 2011 AFP. All other Copyright 2011 EUbusiness Ltd. All rights reserved. This material is intended solely for personal use. Any other reproduction, publication or redistribution of this material without the written agreement of the copyright owner is strictly forbidden and any breach of copyright will be considered actionable. politics Romania corruption trial 2011-12-15T15:38:50Z News Item http://www.eubusiness.com/news-eu/romania-justice.e1e High-level graft cases in Romania have been plagued by excessive delays in court, a foot-dragging that might help the accused to escape justice, experts said Friday on world anti-corruption day. No publisher eub2 Text and Picture Copyright 2011 AFP. All other Copyright 2011 EUbusiness Ltd. All rights reserved. This material is intended solely for personal use. Any other reproduction, publication or redistribution of this material without the written agreement of the copyright owner is strictly forbidden and any breach of copyright will be considered actionable. Romania justice corruption 2011-12-09T14:27:02Z News Item http://www.eubusiness.com/news-eu/finance-public-debt.dza Poland and Romania said Thursday they were opposed to a multi-speed Europe, insisting the European Union had 27 members not just the 17 in the eurozone, as a crunch summit in Brussels loomed. No publisher eub2 Text and Picture Copyright 2011 AFP. All other Copyright 2011 EUbusiness Ltd. All rights reserved. This material is intended solely for personal use. Any other reproduction, publication or redistribution of this material without the written agreement of the copyright owner is strictly forbidden and any breach of copyright will be considered actionable. Finance public debt Poland Romania 2011-12-08T15:12:07Z News Item http://www.eubusiness.com/news-eu/romania-economy-imf.dpl The Romanian government on Friday adopted a draft 2012 budget based on a 1.9 per cent deficit and 2.1 per cent growth, prime minister Emil Boc said. No publisher eub2 Text and Picture Copyright 2011 AFP. All other Copyright 2011 EUbusiness Ltd. All rights reserved. This material is intended solely for personal use. Any other reproduction, publication or redistribution of this material without the written agreement of the copyright owner is strictly forbidden and any breach of copyright will be considered actionable. Romania finance IMF budget economy 2011-11-25T21:15:26Z News Item