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EU: Romania not ready for euro adoption yet

The European Commission on Wednesday concluded Romania is not yet prepared to join the euro area, citing a series of legal incompatibilities along the mandatory criteria for adopting the European common currency. In its 2010 convergence report, the Commission said Romania, Bulgaria, Czech Republic, Hungary, Latvia, Lithuania, Poland and Sweden …

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Azerbaijan, Georgia, Romania sign agreement to establish a joint venture on the project of a new way of transporting Azerbaijani gas to Europe

Georgia, Azerbaijan and Romania have signed an agreement on the establishment of a joint venture (JV) on the project of a new way of transporting Azerbaijani gas to Europe yesterday. Tbilisi hosted a ministerial on the implementation of the Georgian-Azerbaijani-Romanian project on the transportation of Azerbaijani liquefied natural gas to …

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