Romania and the EU

Latest business news about Romania and the European Union.

Commission report on transitional arrangements regarding free movement of workers from Bulgaria and Romania — 14 November 2011, 15:48 CET

A new report published today by the European Commission highlights the overall positive role that mobile workers from Bulgaria and Romania (EU-2) have played in receiving countries' economies.

Reports on progress in Bulgaria and Romania — 18 July 2012, 17:11 CET

The Commission reports under the Cooperation and Verification Mechanism every 6 months on progress with judicial reform, the fight against corruption and, concerning Bulgaria, the fight against organised crime.

Reports on progress in Bulgaria and Romania — 17 November 2017, 12:06 CET

The reports assess progress under the Cooperation and Verification Mechanism, with judicial reform, the fight against corruption and, concerning Bulgaria, the fight against organised crime.

European Commission Mechanism for Cooperation and Verification for Bulgaria and Romania — 20 July 2010, 15:30 CET

The Commission reports under the Cooperation and Verification Mechanism every 6 months on progress with judicial reform, the fight against corruption and, concerning Bulgaria, the fight against organised crime.

Bulgaria and Romania move a step closer to Schengen area — 10 June 2010, 23:33 CET

Bulgaria and Romania have moved a step closer to having their border checks with the borderless Schengen area lifted. An EU Council decision that both comply with data security requirements for joining the "Schengen Information System" border control database was approved by the European Parliament's Civil Liberties Committee on Thursday.

Report on Progress under the Co-operation and Verification Mechanism in Romania - March 2010 - briefing — 23 March 2010, 17:01 CET

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. The first set of progress reports was published in June 2007, the second set on 4 February 2008, the third on 23 July 2008, the fourth on 12 February 2009, the fifth on 22 July 2009 and the sixth on 23 March 2010 (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.

Commission assessment on Romania — 08 February 2010, 19:45 CET

European Commission assessment in relation to the Commission Recommendation for a Council recommendation to end the excessive deficit situation - the Commission concludes that Romania has taken effective action to correct its budget deficit and proposes to extend deadline to 2012.

Representation of the European Commission in Romania — 04 November 2009, 19:18 CET

Contacts of the European Commission representation in Romania.

Romania: Economy Overview — 04 November 2009, 19:18 CET

Romania, which joined the European Union on 1 January 2007, began the transition from Communism in 1989 with a largely obsolete industrial base and a pattern of output unsuited to the country's needs. The country emerged in 2000 from a punishing three-year recession thanks to strong demand in EU export markets.

Romania Investment Climate 2009 — 04 November 2009, 19:18 CET

Romania actively seeks direct foreign investment. The Agency for Foreign Investment (ARIS), created in 2004, is designed to advertise the country as a good investment destination and to improve aspects of the business climate.

Starting a business in Romania — 13 July 2012, 13:25 CET

An overview of the process of starting a new business in Romania.

Romania progress report - briefing — 22 July 2009, 22:39 CET

The report on Romania notes that the authorities reacted effectively to the concerns expressed in the interim report of the Commission of February 2009 by an adoption of new Criminal and Civil Codes and by tabling proposals for reform of judicial procedures. The positive track record of the prosecution in high-level corruption cases was maintained and complemented by steps to improve the staffing situation of courts and prosecutors' offices and by actions to improve the consistency of jurisprudence, such as appeals in the interest of the law lodged by the General Prosecutor and recommendations by a working group. The National Integrity Agency is now operational and has delivered good results by following up on declarations of assets while the first judicial cases launched by ANI are still pending decision by courts.

Report on Progress under the Co-operation and Verification Mechanism in Romania — 12 February 2009, 18:06 CET

The Commission reports under the Cooperation and Verification Mechanism every 6 months on progress with judicial reform, the fight against corruption and, concerning Bulgaria, the fight against organised crime.

Report on Progress in Romania under the Co-operation and Verification Mechanism — 23 July 2008, 18:29 CET

The Commission approved on 23 July a series of reports assessing the progress Romania of judicial reform and the fight against corruption under the Co-operation and Verification mechanisms set up when the country joined the EU last year.

Progress Reports on the Cooperation and Verification mechanism - procedural aspects — 23 July 2008, 16:24 CET

The Commission approved on 23 July 2008 a series of reports assessing the progress in Bulgaria and Romania of judicial reform and the fight against corruption under the Co-operation and Verification mechanisms set up when both countries joined the EU last year. These reports assess the progress and shortcomings that exist in Bulgaria and Romania on the commitments made at the time of accession. The Commission concludes that genuine efforts and some progress have been made, mainly in terms of judicial reform but much more needs to be done by both countries to fight high level corruption and in Bulgaria on organised crime. The reports highlight the need for sustained political commitment and implementation on the ground if the benchmarks set at the time of accession are to be met in full. The reports put forward a series of concrete follow up measures. Progress in meeting the benchmarks and in dispelling doubts about the two countries ability to deal with corruption will allow their citizens to reap the full benefits of EU membership and enhance their confidence in the rule of law.

Romania and the euro — 04 February 2008, 00:41 CET

Romania joined the European Union on 1 January 2007 and has committed to adopt the euro once it fulfils the necessary conditions.

Key findings of the progress report on the Cooperation and Verification Mechanism with Romania — 27 June 2007, 18:14 CET

Romania successfully joined the European Union on 1 January 2007. To address the limited number of areas where further work will be necessary, the European Union has adopted a package of accompanying measures. These measures concern areas such as food safety, payment of EU funds, and a special mechanism to help Romania to continue the reforms of the judiciary and the fight against corruption. The Commission adopted on 27 June 2007 its first progress report on the Cooperation and Verification Mechanism and the measures taken by Romania to reach the benchmarks set by the Commission in its decision of 13 December 2006.

Bulgaria, Romania make it to EU — 04 January 2007, 18:26 CET

Former communist states Bulgaria and Romania celebrated Monday their New Year's accession to the European Union even as new EU president Germany warned that painful reforms were still needed.

UKROM Link LLP — 15 October 2007, 18:20 CET

UKROM Link has been established as a UK company to support both Romanian and UK business following the accession of Romania - a market of 23 million - to the European Union on 1 January 2007.

EU Monitoring Report Bulgaria - Romania September 2006 — 26 September 2006, 15:11 CET

On 26 September 2006 the European Commission approved the Monitoring report on the state of preparedness for EU membership of Bulgaria and Romania.

Find an office in Romania — 31 August 2006, 23:30 CET

Instant Offices Romania

Romania country profile — 13 July 2012, 19:31 CET

Romania, in southeast Europe, is mountainous in the north while the main feature in the south is the vast Danube valley. Romania became a member state of the European Union on 1 January 2007.

Invest Romania — 04 August 2006, 16:43 CET

The InvestRomania website promotes worldwide the Romanian economic climate and business opportunities. It covers Romania's financial and legal system, privatisation, trends in foreign trade development, and important Romanian economic and political leaders.

Bucharest Business Week — 04 August 2006, 16:44 CET

Bucharest Business Week is Romania's national English-language business newspaper.

Business Environment - Romania — 04 August 2006, 16:39 CET

Snapshot of the business environment for the Romanian economy, from the World Bank