APIA: European Commission has officially reimbursed €1.12 billion to Romania

Business Forum

10 January, 2025 at 12:11 PM

The European Commission has officially reimbursed Romania €1.12 billion in funds from the European Agricultural Guarantee Fund (EAGF), announces the Romanian Agency for Payments and Intervention in Agriculture (APIA).

”In accordance with the EAGF expenditure declaration, submitted by the Agency for Payments and Intervention for Agriculture (APIA) to the European Commission, on January 7, 2025, European funds representing reimbursements from the European Agricultural Guarantee Fund (EAGF) in the amount of €1.12 billion were transferred to the Romanian state accounts,” shows a statement issued by the institution.

This amount represents the countervalue of the funds used from the state budget by APIA, in the period October 16–November 30, 2024, for the granting of advance payments to farmers for the 2024 Campaign and payments for market measures, external trade and promotion of agricultural products.

Romania cuts budget deficit by more than half in Q1 2026

Romania's consolidated general budget recorded a deficit of €4.2 billion in the first quarter of 2026, representing 1.03% of GDP, compared to a deficit of €8.7 billion (2.28% of GDP) in the same period of 2025 over revenue growth and expenditure control.

Energy

EC probes Romanian nuclear plant aid package

The European Commission has opened an in-depth investigation into Romania's planned state support for refurbishing the Cernavoda 1 nuclear reactor, questioning whether the €3.2 billion aid package complies with EU state aid rules.

Energy

European fuel tax reductions: Romania evaluates options amid rising costs

Several EU member states have already implemented substantial tax cuts—specifically excise duties and VAT—to mitigate the impact of the fuel crisis on their economies.

Energy

EU approves €150 million Romanian electricity storage scheme

The European Commission (EC) has approved a €150 million Romanian scheme to support electricity storage, contributing to the transition towards a net-zero economy.

Industry

Romanian car sales drop 24% in February

New car registrations in Romania fell 24.4% in February 2026 compared to the same month last year, according to preliminary official data processed by the Association of Car Producers and Importers (APIA).

Economy

Romania's fx reserves close to €66 billion in January 2026

Romania's foreign exchange reserves reached €65.81 billion on 31 January 2026, according to data released by the National Bank of Romania (BNR).

Agriculture

Romania receives €989 million EU farm fund reimbursement

Romania received earlier this week €988.7 million from the European Agricultural Guarantee Fund (EAGF), representing reimbursement for advance payments made to farmers between 16 October and 30 November 2025, the Ministry of Agriculture and Rural Development announced.