This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) has supported Romania to deliver its second successful renewable energy auction under the Contracts for Difference (CfD) scheme, completed in August 2025. The two-way CfD scheme, developed with EBRD support, incentivises investments in renewable energy by providing long-term […]With EBRD support, Romania delivers second successful renewable energy auction
August 27, 2025 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) has supported Romania to deliver its second successful renewable energy auction under the Contracts for Difference (CfD) scheme, completed in August 2025. The two-way CfD scheme, developed with EBRD support, incentivises investments in renewable energy by providing long-term […]EBRD and UniCredit sign their first synthetic securitisation in Romania
April 10, 2025 by Leave a Comment
This article is published in association with European Investment Bank. The European Bank for Reconstruction and Development (EBRD) is advancing the broader use of innovative financial instruments in Romania by signing a synthetic securitisation deal with UniCredit Bank S.A. (UniCredit Bank). It is the EBRD’s first capital relief transaction in Romania and UniCredit Bank’s first synthetic […]How Craiova is becoming a leading green city in Romania
April 1, 2025 by Leave a Comment
This article is brought to you in association with EBRD. The EBRD Green Cities programme is changing the lives of 250,000 locals Craiova was the first city in Romania to join the EBRD Green Cities programme back in 2019. Home to around 250,000 people in the south west of the country, it is one of Romania’s […]EBRD supports Romanian retailer Profi in supply chain transition
December 27, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) has partnered with Banca Transilvania to enhance the supply chain finance programme for Profi Rom Food SRL, a leading retail chain operating in Romania. The EBRD is taking on risk of up to €10 million in local currency […]NextGenerationEU reaches €300 billion in RRF payments with new disbursements to Czechia, Germany, Italy, Portugal, and Romania
December 27, 2024 by Leave a Comment
This article is brought to you in association with the European Commission. Today, the Commission disbursed payments under the Recovery and Resilience Facility (RRF) to Czechia, Germany, Italy, Portugal and Romania, totalling €26.8 billion in loans and grants. The total disbursed under the RRF has now reached over €300 billion. This important milestone reflect the scale […]Romanian businesses to get extra financing as EIB steps up lending to BRD Sogelease IFN
December 17, 2024 by Leave a Comment
This article is published in association with European Investment Bank. The European Investment Bank (EIB) is lending €70 million to a unit of Romanian bank BRD Groupe Société Générale to increase financing for a range of businesses in the country. The EIB loan to BRD Sogelease IFN SA is meant to benefit Romanian small and medium-sized […]Statement by the European Commission on the occasion of Bulgaria and Romania becoming fully part of Schengen
December 13, 2024 by Leave a Comment
This article is brought to you in association with the European Commission. The Commission welcomes today’s unanimous decision by the Council to lift internal land border controls with Romania and Bulgaria as of 1 January 2025. This important step completes the full entry of both countries into the Schengen area. This not only strengthens the Schengen […]Supporting Romanian market development
December 10, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The revised corporate governance code for the Romanian market is published today by the Bucharest Stock Exchange (BVB). BVB and the European Bank for Reconstruction and Development (EBRD) worked together to review the code, aligning it with recent regulatory changes, with updated global standards and market […]EBRD and Romania to strengthen cooperation in renewable energy
December 9, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) intends to support the design and implementation of future renewable energy auctions in Romania, according to a Memorandum of Understanding signed today by the country’s Energy Minister Sebastian Burduja and EBRD Head of Romania Victoria Zinchuk. Supported by […]EBRD supports expansion of Romania’s La Cocos retail chain
August 23, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD), in tandem with private equity fund managers CEECAT Capital and Morphosis Capital, is supporting the expansion of La Cocos, a food retailer in Romania. The EBRD’s €10 million equity investment, plus that of its co-investors, will support the […]Backing Romania’s green ambition with €110 million finance package
August 22, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) and Raiffeisen Bank International are providing a €110 million financing package to build and operate two solar photovoltaic power plants in south-eastern Romania, with a total installed capacity of around 300 MW. The Iepuresti and Ghimpati projects mark […]EBRD lends Romanian leasing firm €10 million
August 1, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is extending a €10 million loan to Garanti BBVA Leasing Romania, a mid-sized finance lease provider that works with small- and medium-sized enterprises (SMEs), to broaden these firms’ access to leasing finance and build their resilience. Garanti BBVA Leasing will […]Romania gets EIB support for world’s first zero-emissions tyre factory with loan to Nokian Tyres
August 1, 2024 by Leave a Comment
This article is published in association with European Investment Bank. The European Investment Bank (EIB) is lending Nokian Tyres €150 million for the construction in Romania of the world’s first plant for producing passenger car tyres without emitting carbon dioxide (CO2). The credit to Finland-based Nokian Tyres is for a state-of-the-art factory in the northwestern Romanian […]Commission takes step towards lifting suspension of payments of €714 million for Portugal and €37.2 million for Romania under the Recovery and Resilience Facility
June 25, 2024 by Leave a Comment
This article is brought to you in association with the European Commission. The European Commission has adopted two decisions today, issuing a positive preliminary assessment to lift the suspension of payment of €714 million to Portugal, and €37.2 million to Romania (net of pre-financing), after acknowledging the progress made in implementing their respective recovery and resilience […]Supporting renewable investments in Romania
June 14, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is lending €32 million, as part of a €291 million financing package, to build and operate a 192 MW onshore wind farm in Romania, the first phase of a large wind farm with total capacity of 461 MW […]Bulgaria and Romania strengthen cooperation on border and migration management
March 5, 2024 by Leave a Comment
This article is brought to you in association with the European Commission. Today, the European Commission is launching together with Bulgaria and Romania two Cooperation Frameworks on border and migration management. The Cooperation Frameworks build on the successful implementation by the two countries of the pilot projects for fast asylum and returns procedures initiated in March […]Bulgaria and Romania to join Schengen area starting with air and sea borders: Commission welcomes landmark Council decision
January 2, 2024 by Leave a Comment
This article is brought to you in association with the European Commission. The Commission welcomes today’s unanimous decision by the Council to welcome Romania and Bulgaria into the Schengen area, starting with lifting controls at air and sea borders as of March 2024. Their accession will boost travel, trade and tourism and will further consolidate the […]Commission approves €24 million Romanian State aid scheme to support investments in sea and inland ports in the context of Russia’s war against Ukraine
October 16, 2023 by Leave a Comment
This article is brought to you in association with the European Commission. The European Commission has approved an up to €24 million Romanian scheme (RON 118,6 million) to support investments in sea and inland ports in the context of Russia’s war against Ukraine. The scheme was approved under the State aid Temporary Crisis and Transition Framework, […]Migration management: Update on progress made on the Pilot Projects for asylum and return procedures and new financial support for Bulgaria and Romania
June 8, 2023 by Leave a Comment
This article is brought to you in association with the European Commission. Today, the Commission welcomes progress made over the past three months since the start of the Pilot Projects in Bulgaria and Romania. The Pilot Projects were launched in March 2023 for 6 months building on good practices and experience in Bulgaria and Romania in […]EU signs agreement with Moldova on Frontex cooperation
March 18, 2022 by Leave a Comment
This article is brought to you in association with the European Commission. Today, the European Union signed a legally binding agreement with the Republic of Moldova on border management cooperation between Moldovan border guards and the European Border and Coast Guard Agency (Frontex). The agreement was signed on behalf of the EU by Ylva Johansson, Commissioner […]NextGenerationEU: European Commission endorses Romania’s €29.2 billion recovery and resilience plan
September 28, 2021 by Leave a Comment
This article is brought to you in association with the European Commission. The European Commission has today adopted a positive assessment of Romania’s recovery and resilience plan, an important step towards the EU disbursing €14.2 billion in grants and €14.9 billion in loans to Romania under the Recovery and Resilience Facility (RRF). This financing will support […]Mergers: Commission approves acquisition of Telekom Romania by Orange, subject to conditions
July 29, 2021 by Leave a Comment
This article is brought to you in association with the European Commission. The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of Telekom Romania Communications (“TKR”) by Orange SA (“Orange”). The approval is conditional on the divestiture of TKR’s 30% minority shareholding in Telekom Romania Mobile Communications (“TRMC”), which is a direct […]Recovery and Resilience Facility: Romania submits official recovery and resilience plan
June 1, 2021 by 1 Comment
This article is brought to you in association with the European Commission. The Commission has today received an official recovery and resilience plan from Romania. This plan sets out the reforms and public investment projects that Romania plans to implement with the support of the Recovery and Resilience Facility (RRF). The RRF is the key instrument […]State aid: Commission approves €254 million Romanian aid to support rehabilitation of district heating system in Bucharest
February 23, 2021 by Leave a Comment
This article is brought to you in association with the European Commission. The European Commission has approved, under EU State Aid rules, Romanian plans to support the upgrade of the district heating system of the municipality of Bucharest. Executive Vice-President Margrethe Vestager, in charge of competition policy, said: “This €254 million aid measure, funded thanks to […]Trade marks: Commission decides to refer Romania to the Court of Justice for not transposing the Trade Mark Directive
July 2, 2020 by Leave a Comment
This article is brought to you in association with the European Commission. Today, the Commission decided to refer Romania to the Court of Justice, with a request for financial sanctions, following the lack of notification of transposition measures of the Trade Mark Directive (Directive (EU) 2015/2436). Romania is the only Member State which has not yet […]State aid: Commission approves €53 million public support scheme for charging stations for low emission vehicles in Romania
February 10, 2020 by Leave a Comment
This article is brought to you in association with the European Commission. The European Commission has found Romanian plans to support the creation of a network of recharging stations for electric vehicles to be in line with EU State aid rules. The measure will contribute to reducing CO2 and other pollutant emissions without unduly distorting competition […]Quality of air in Bucharest-Romania: is it fog or is it smog?
February 4, 2020 by Leave a Comment
This article was exclusively written for The European Sting by Ms. Ana Bălan, member of FASMR, 3rd year medical student at Carol Davila University of Mecicine and Pharmacy, Faculty of Medicine. She is affiliated to the International Federation of Medical Students Associations (IFMSA), cordial partner of The Sting. The opinions expressed in this piece belong strictly […]Embracing the diversity in a multicultural city of Romania
January 25, 2019 by 1 Comment
This article was exclusively written for The European Sting by Mr. Iuliu Gabriel Cocuz and Ms. Dalia Lavinia Dreptate, two medicine students from the University of Medicine, Pharmacy, Sciences and Technology of Tîrgu Mures. They both are affiliated to the International Federation of Medical Students Associations (IFMSA), cordial partner of The Sting. The opinions expressed in this piece belong strictly […]Romania: MEPs are deeply concerned about judicial independence and rule of law
November 14, 2018 by Leave a Comment
This article is brought to you in association with the European Parliament. The EP is “deeply concerned” about the reform of the Romanian judicial and criminal laws, which risks undermining separation of powers and the fight against corruption. In a resolution wrapping up the plenary debate held on 3 October with Prime Minister Viorica Dăncilă, the […]
MEPs demand Bulgaria’s and Romania’s swift accession to Schengen area
November 6, 2018 by Leave a Comment
This article is brought to you in association with the European Parliament. EU ministers should admit Bulgaria and Romania to the border check-free Schengen area as soon as possible, the Civil Liberties Committee urges. MEPs reiterated on Monday their call on EU Ministers to take a swift and affirmative decision on the accession of Bulgaria and […]Draghi repels Trump’s threats, rejects Schauble’s dictums
January 23, 2017 by Leave a Comment
Mario Draghi, the President of the European Central Bank, is under mounting pressures both at home and abroad. From the other side of the Atlantic US President Donald Trump is overtly targeting a much cheaper dollar compared to euro, while at his inaugural speech he clearly praised trade protectionism by saying, “Protection will lead to […]Migration has set EU’s political clock ticking; the stagnating economy cannot help it and Turkey doesn’t cooperate
October 29, 2015 by Leave a Comment
The more action clauses a document of a Western Balkans-EU agreement contains, meant to “improve cooperation and step up consultation between the countries along the migration route”, the less cooperation there will be. That was the case last Sunday 25 October when 11 leaders of Balkan and EU countries met in Brussels. They knew very […]Why impoverishment and social exclusion grow in the EU; the affluent north also suffers
October 22, 2015 by 2 Comments
The European Union which mobilizes its warships to keep the flows of poor and destitute refugees and immigrants out of its supposedly prosperous interior, at the same is impotent to offer to its own citizens not a prosperous life but not even a secure economic and social environment. According to Eurostat, the EU’s statistical service, […]
