Tag: EC (13 articles)

Economy   |   21 May, 2026 at 4:00 PM

EC slashes Romania's growth forecast to 0.1%

The European Commission has significantly reduced its estimates for Romanian economic growth this year to 0.1%, down from 1.1% estimated in autumn, while the inflation rate is expected to reach 7%, compared to the previously announced level below 6%, according to spring economic forecasts published Thursday.

Energy   |   16 April, 2026 at 6:49 PM

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   |   17 October, 2025 at 4:17 PM

Romgaz sues EC over carbon storage mandate

Romgaz, Romania's largest gas producer, has filed a direct action with the Court of Justice of the European Union against the European Commission, challenging what it views...

Real estate   |   8 April, 2025 at 4:31 PM

US tariffs to hit CEE growth at uneven rates

President Donald Trump announced new import tariffs on all goods entering the US effective as of April 2, hitting equities, long term yields and CEE-based currencies. In response to these global tariffs, growth forecasts for 2025 and 2026 are being revised in the CEE, according to a report by Erste Group. 

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Electrica secures grid permits for 700 MWh of storage
Energy

Electrica secures grid permits for 700 MWh of storage

Energy company Electrica informs investors and the capital market that it has obtained the technical grid connection permits (ATR) for 17 new battery energy storage projects (BESS), with a total capacity of approximately 700 MWh.

Energy

Romanian grid operator to support peak power consumption during heatwave

Romania's national electricity transmission network operator, Transelectrica, has halted scheduled maintenance shutdowns to ensure the grid operates at maximum capacity during an ongoing extreme heatwave. The preventive measures aim to mitigate operational risks associated with severe weather conditions.