EU to reduce development divergences, administrative bureaucracy: official

European Commissioner for Economic and Financial Affairs, Taxation and Customs Pierre Moscovici attends the Informal Meeting of the EU Finance Ministers in Bucharest, Romania, April 5, 2019. Romanian Presidency of the European Council would try to find out solutions for reducing regional development divergences and for cutting bureaucracy at European level, Romanian Finance Minister Eugen Teodorovici said on Friday at the Informal Meeting of the EU Finance Ministers. The meeting took place on Friday and Saturday in Bucharest. (Xinhua/Cristian Cristel)