Tag: Romania

Schengen on the Horizon: CVM Closure for Bulgaria and Romania

Posted on by Haptic

Why is the Commission putting an end to the CVM? The CVM is brought to an end when all the benchmarks are satisfactorily met, as set out in the CVM Decisions. Bulgaria and Romania have now met all the benchmarks and fulfilled all the recommendations under the CVM. Already in our last reports for both Read more about Schengen on the Horizon: CVM Closure for Bulgaria and Romania[…]

State aid: Commission approves €500 million Romanian scheme

Posted on by Haptic

The European Commission has approved an approximately €500 million (RON 2,500 million) Romanian scheme to support companies across sectors in the context of Russia’s war against Ukraine. The scheme was approved under the State aid Temporary Crisis Framework, adopted by the Commission on 23 March 2022 and amended on 20 July 2022 and on 28 October 2022, based on Article 107(3)(b) Read more about State aid: Commission approves €500 million Romanian scheme[…]