Valdis Dombrovskis

Prime Minister Ludovic Orban will be paying a working visit to Brussels, Tuesday through Thursday, and will meet European and NATO officials, according to a Government release.

EU Economy Commissioner Pierre Moscovici and Financial Stability Commissioner Valdis Dombrovskis (the vice president of the Commission) welcomed a new report on Greece which they described as "encouraging and positive".

The difference between the estimates of the government and the eurozone on Greece's fiscal gap in 2020 is constantly shrinking, with government sources now speaking of a difference amounting to just 350 million euros, down from 1 billion euros when the mission chiefs concluded their visit to Greece last month.

As European Union growth slows, European commissioners signaled in written answers to EU lawmakers published on Friday their preferred measures to revive the economy, with the commissioner-designate for taxation, Paolo Gentiloni, pushing for fiscal leeway and Commission Vice President Valdis Dombrovskis calling for a "responsible fiscal policy."

Greece is faced with the serious risk of a large-scale fiscal derailment, according to the third enhanced surveillance report published by the European Commission on Wednesday. 

Greece's Finance Ministry rushed to assuage concerns over the numerous handouts and tax cuts announced by the government in the run-up to the country's elections, after the European Commission expressed fears over a possible fiscal derailment.

Greek tax cuts and bonuses for pensioners announced last month pose a risk to fiscal targets agreed with eurozone lenders, the European Commission said on Wednesday in a blow to the Greek government ahead of elections next month.

Greek tax cuts and bonuses for pensioners announced last month pose a risk to fiscal targets agreed with eurozone lenders, the European Commission said on Wednesday in a blow to the Greek government ahead of elections next month.

Greece must attain the fiscal targets is has agreed with its creditors, European Commission Vice President Valdis Dombrovskis said on Wednesday, commenting on the handouts and tax cuts announced by Greek Premier Alexis Tsipras on Tuesday night.

Romania ranks among top three performers of convergence and since its accession in 2007, the Gross Domestic Product per capita to the standard purchasing power parity (PPP) has risen from nearly 40 percent to 63 percent of the European Union average in 2017, Romania's Deputy Prime Minister Viorel Stefan told a specialist conference.