Romania and the EU

Latest business news about Romania and the European Union.

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IMF mission to visit Romania in November, review postponed — 16 October 2012, 13:47 CET

IMF auditors will visit Romania in November to review progress on reforms and prospects for the economy, but the assessment will be published after a general election on December 9, the IMF said on Tuesday.

Romania to limit foreigners' access to agricultural land — 15 October 2012, 19:25 CET

Romania plans to impose strict conditions on foreigners buying agricultural land in order to protect local farmers and prevent speculation, Agriculture Minister Daniel Constantin said Monday.

Romania progresses in fighting graft: chief prosecutor — 10 October 2012, 17:34 CET

Romania has made "constant progress" in the fight against high-level corruption, sending 11 top officials to jail since 2010, says chief anti-graft prosecutor Daniel Morar.

Romanian High Court judge given four-year jail term for corruption — 09 October 2012, 18:00 CET

A Romanian High Court judge was sentenced Tuesday to four years in prison on corruption charges, a judicial source said.

Romania privatisation head quits over failed Oltchim sale — 03 October 2012, 13:15 CET

The head of Romania's privatisation office (OPSPI) resigned on Wednesday over the failure of a bid to sell chemicals group Oltchim, saying he would sue the winner of a tender last month and alleging fraud.

Bid to sell Oltchim stake failed: Romania PM — 01 October 2012, 23:41 CET

Romania's bid to sell its loss-making chemicals group Oltchim failed, Prime Minister Victor Ponta said Monday, 10 days after a questionable TV mogul won a tender to buy a 54.8-percent stake.

Romanian health minister resigns amid corruption claims — 01 October 2012, 23:42 CET

Romanian health minister Vasile Cepoi, under suspicion of corruption over the use of European Union funding, resigned Monday, his ministry said, raising fears about the future of a major health reform programme.

Romania mulls new bid to sell Oltchim chemical group — 25 September 2012, 17:22 CET

Romania will make a new bid to sell its loss-making chemicals group Oltchim if the winner of a tender last week, a shady TV mogul, does not pay up before Monday, Prime Minister Victor Ponta said on Tuesday.

Romania says four bid to take over Oltchim chemical group — 20 September 2012, 16:07 CET

Four bids have been made to take over the loss-making Oltchim industrial chemicals group, which Romania has promised to the IMF and the EU to sell this month, the privatisation office said Thursday.

Romania's top court throws out decree limiting its powers — 19 September 2012, 19:21 CET

Romania's constitutional court ruled Wednesday that a government decree limiting its powers was in breach of the country's constitution, the latest development in a months-long political saga.

Romania turmoil triggers cancellation of EU talks — 18 September 2012, 17:28 CET

Concern over Romania's political turmoil helped trigger the cancellation of EU talks this week aimed at assessing the country's bid to join the Schengen visa-free area.

EU urges Romania's Ponta to clear 'doubts' on rule of law — 17 September 2012, 22:50 CET

European Commission President Jose Manuel Barroso on Monday called on Romanian Prime Minister Victor Ponta to "remove all doubts" on his government's commitment to judicial independence.

EU insists on respect for law in Romania — 14 September 2012, 16:43 CET

European Commission President Jose Manuel Barroso expressed EU concerns Friday over political developments in Romania, insisting there can be no compromise on respect for the rule of law.

Hungary, Romania show need for new EU rule of law benchmark — 12 September 2012, 18:51 CET

Recent worries over democratic values in Hungary and Romania highlight the need for the European Union to set new benchmarks to safeguard the rule of law, the EU's Justice Commissioner said on Wednesday.

Crisis showed Romanian institutions are solid: president — 04 September 2012, 15:53 CET

Romanian President Traian Basescu said Tuesday the country's democratic institutions had proved to be solid despite the political crisis which engulfed the country for two months.

Romania wants EU worker restrictions lifted now — 03 September 2012, 16:15 CET

Gaining unfettered access to the European Union's labour market is one of the Romanian government's top priorities, Foreign Minister Titus Corlatean said on Monday.

EU welcomes French Roma pledges, now wants action — 22 August 2012, 22:56 CET

The European Commission on Wednesday welcomed the "very constructive spirit" of French government moves to ease Roma integration, but said it now wanted to see action.

Council of Europe urges long-term fix in France Roma row — 21 August 2012, 21:28 CET

The Council of Europe urged France on Tuesday to "go beyond short-term measures" for its Roma population, as the country seeks to end a row over its treatment of the ethnic migrants.

Romanian premier takes over as interim justice minister — 07 August 2012, 15:42 CET

Romanian Prime Minister Victor Ponta took over Tuesday as interim justice minister following a cabinet reshuffle prompted by a controversial bid to impeach the country's president.

Romania PM 'has learnt lessons' after row with EU: interview — 30 July 2012, 20:26 CET

Romanian Prime Minister Victor Ponta said Monday he had "learnt all the lessons" after the European Union harshly criticised his government over moves to impeach President Traian Basescu.

Romania factfile — 26 July 2012, 22:49 CET

Romania, which holds a referendum Sunday on a move to impeach its president, is one of the European Union's most recent members and also one of its poorest.

Romanian impeachment vote could seal country's future — 26 July 2012, 22:56 CET

Romania's centre-right president Traian Basescu faces an impeachment vote Sunday that has raised questions about the democratic credentials of one of the newest members of the European Union.

EU wants 'facts, not promises' from Romanian PM — 26 July 2012, 00:25 CET

Saying it remained "very" worried about democracy in Romania, Brussels demanded Wednesday that Prime Minister Victor Ponta deliver "facts, not promises" proving his respect of the rule of law.

Romanian parties sue opposition in rule of law crisis — 19 July 2012, 23:02 CET

Romania's ruling coalition filed a legal complaint on Thursday accusing 15 opposition leaders of defaming the ex-communist state that has been mired in political turmoil.

Report on Progress under the Co-operation and Verification Mechanism in Bulgaria — 18 July 2012, 18:14 CET

The European Commission has adopted a report on progress made by under the Cooperation and Verification Mechanism (CVM). The report covers a period of five years since Bulgaria's accession to the EU in 2007 and presents the Commission's assessment of progress achieved in Bulgaria during this period in the area of judicial reform, the fight against corruption and the fight against organised crime. Its main conclusion is that deeper implementation of reforms is needed in order for the process to become irreversible.