Tag: Romania

#JunckerPlan supports #WomenEntrepreneurs in #Romania

#JunckerPlan supports #WomenEntrepreneurs in #Romania

| January 10, 2019

The Investment Plan for Europe – the Juncker Plan – is backing a €22.3 million European Investment Bank (EIB) loan to Garanti Bank Romania, to support some 260 Romanian small and medium businesses. A part of this loan will be dedicated to facilitating access to finance for businesses run by women, to support female entrepreneurship […]

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#Romania2019 – MEPs expect focus on budget and future EU

#Romania2019 – MEPs expect focus on budget and future EU

| January 7, 2019

Romania took over the rotating presidency of the Council on 1 January, for the first time since joining the EU in 2007. Romanian MEPs told us what they are expecting. For its six-month term, Romania has set out the following priorities: Stimulate EU growth; improve conditions for competiveness; strengthen internal security; promote European common values […]

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#StateAid – Commission refers #Romania to Court for failure to recover illegal aid worth up to €92 million

#StateAid – Commission refers #Romania to Court for failure to recover illegal aid worth up to €92 million

| December 13, 2018

The European Commission has decided to refer Romania to the European Court of Justice for failing to fully recover illegal state aid worth up to €92 million from Viorel and Ioan Micula and their group of companies, as required by a Commission decision of 2015. An arbitral award of December 2013 (Micula v Romania) found […]

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#DontBeAMule – More than 1,500 #MoneyMules identified in worldwide #MoneyLaundering sting

#DontBeAMule – More than 1,500 #MoneyMules identified in worldwide #MoneyLaundering sting

| December 6, 2018

  Working together with Europol, Eurojust and the European Banking Federation (EBF), police forces from over 20 States arrested 168 people (so far) as part of a coordinated money laundering crackdown, the European Money Mule Action (EMMA). This international swoop, the fourth of its kind, was intended to tackle the issue of ‘money mules’, who […]

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European Commission refuses to face up to the truth about Romania

European Commission refuses to face up to the truth about Romania

| December 5, 2018

Faced with the rise of authoritarian populism, the EU has struggled to fulfil its mandate as a guardian of democratic standards adopted in the 1990s as a precondition for enlargement to the east, writes David Clark. Enforcement measures initiated against Hungary and Poland earlier this year come fully eight years after Viktor Orban began his […]

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European Commission under fire for CVM Report on #Romania

European Commission under fire for CVM Report on #Romania

| November 29, 2018

The opinion of the Romanian Constitutional Court is now expected to be delivered on 12th December. But in the meanwhile concerns have been expressed that the European Commission’s CVM Report on Romania failed to address a number of key issues, writes James Wilson. For example, this year has seen a Romanian parliamentary inquiry unearth 65 […]

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Romanian prosecutors investigate cryptocurrency funding of #resist protestors

Romanian prosecutors investigate cryptocurrency funding of #resist protestors

| November 19, 2018

The Directorate for Investigating Organised Crime and Terrorism (DIICOT) in Romania is investigating 403 cryptocurrency transactions.  These transactions, valued in total at 14 million US Dollars, were made over a period of three years, writes James Wilson. The funds entered Romania in order to fund #resist groups and other NGOs who support the National Anti-Corruption […]

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