Too busy to do their jobPublish date: 03-11-2008
The European Commission decided to pursue infringement procedures against Romania -already second stage - for the energy sector.
The main reason is that the Romanian Parliament failed to pass an emergency government ordinance, that was supposed to assure the compliance of Romanian legislation to the EU Directives 2005/89 and 2003/54. The deadline was in February 2008, the Finance Ministry did sent for deliberation a draft legislation in this regard and also urged the Parliament to pass the governmental emergency ordinance, but Romanian Parliament failed to approve it in due time.
Romania can still avoid a trial, if the required legislation would be adopted.
Unfortunately, the campaign already started, so there is a risk of overlooking what's really important.
- Insurance market stagnated in 2013 while GDP chare dropped to 1.3%
- The Romanian Leasing Market as of December 31, 2013
- Millennium Bank reports best results since its launch, helped by stronger banking income and cost cuts
- BCR cheapens First Home loans and lowers interest loans for loans in lei
- Millennium Bank's new Salary account clients receive up to 600 lei bonus and their utility bills' payment
- GarantiBank and Seamless introduce SEQR in Romania: the newest mobile payment solution
- Bancpost telecom services, now provided exclusively by Romtelecom and COSMOTE Romania
- Millennium Bank cards offer discounts in Domo stores
- BCR Supervisory Board reshuffles Management Board
- NBR decide to lower the monetary policy rate to 4.25 percent per annum
- Common appointments in Romtelecom and COSMOTE Romania
- Up to 5.5% annual interest rate for Millennium Bank's promotional three-month lei deposit
- Eurozone in recovery mode but gap between North and South still widening
- UniCredit Tiriac Bank and RBS Romania announce the successful completion of the retail clients' migration
- Millennium Bank grants First House loans in lei