The implementation period of projects under the "Casa Verde Photovoltaice 2023" programme [Photovoltaic Greenhouses 2023 - editors note] will be extended, the Ministry of Environment, Waters and Forests (MMAP) informs on Tuesday."The minister of environment, waters and forests, Mircea Fechet, signed today the draft amendment to the Financing Guide for the Casa Verde Photovoltaice 2023 programme, in order to support the citizens who benefit from this programme. The draft extends the implementation period of projects started in 2023, given the difficulties encountered by beneficiaries in obtaining connection certificates. These delays are mainly caused by the long period required for the issuance of certificates by energy distributors and the delayed delivery of two-way metres, which, in some cases, can take several months," the institution notes in a press release.According to the same source, the Order covers two situations."The first of them refers to those who have installed their photovoltaic panels, were beneficiaries, but who have not yet obtained the connection certificate. There are some energy distributors who are delaying the issuance of this certificate for an inadmissible amount of time and, in the absence of it, we cannot settle the financing, and the company that installed the photovoltaic panels cannot recover its investment. The second category is related to those beneficiaries who came across a "scam" installer, who did not show up to install the panels by the end of December 2024. For those Romanians who had the misfortune to collaborate with such "scams," we have decided that through this order we will grant them another 6 months, during which they can change the installer. We receive a lot of complaints at the ministry and we will ensure that such unserious installers will no longer have access to financing programmes from the AFM, from the Ministry of the Environment, in the future," the relevant minister, Fechet, explained in the press release.Through these changes, the Ministry of Agriculture, Rural Development and the Environmental Fund Administration (AFM) aim to remedy the programme blockages and protect the interests of beneficiaries, ensuring the completion of projects under optimal conditions.Thus, the proposed changes include: extending the project implementation period to 18 months for beneficiaries who provide proof of requesting the connection certificate within the initial 12-month period; making the conditions regarding installers more flexible, by allowing the installer to be changed for the second time, after project approval; extending the implementation period to 6 months for beneficiaries who selected another installer after project approval.
Several civic organisations held a protest last week targeting the leadership of Romania’s judiciary, after accusing senior magistrates of overstepping their institutional roles, Epochtimes-romania.com reported. The groups - Iniţiativa România, Corupţia ucide,...
The ruling coalition will no longer negotiate with the Superior Council of Magistracy (CSM) and the High Court (ICCJ) on the magistrates’ pensions law but instead will come up with a revised version of the bill by November 18, inviting magistrates’ associations to demonstrate their loyalty by issuing the necessary consultative opinion timely, such to […]
Along with the American investment fund Carlyle, which is said to want Lukoil's assets under a global deal and is already active in Romania through the Black Sea Oil and Gas company as the third largest gas producer in Romania (10%), there are at least two other companies interested, according to Romanian minister of energy […]
Subscriptions under the November 2025 issue under the Fidelis government bond scheme were the weakest in the last six months, signalling a moderation in investor appetite for this form of savings. The state raised only RON 1.3 billion (EUR 260 million), of which approximately two-thirds came from tranches denominated in euros,
The International Monetary Fund (IMF), under its annual Article IV Consultations with Romania, said that the country’s general government budget deficit may drop to 5.8% of GDP in 2026 and suggested further steps for further fiscal consolidation. The Fund’s proposed plan focuses on personal income taxation, which would generate 0.9% of GDP higher revenues by […]
Romania’s current account (CA) deficit widened by 7.5% y/y to EUR 8.8 billion in Q3, despite a slight improvement in the balance of trade in goods (the country’s main source of external deficit), according to data published by the National Bank (BNR). The deficit of the trade in goods contracted by 7.8% y/y (by EUR […]
