Prime Minister Florin Citu met on Tuesday with representatives of the Enel Group, and the talks focused, among other things, on investments in renewable energy generation, grid and digitalization."Green energy is the future," said Citu, according to whom the challenge is to make the energy transition in a way that benefits consumers and the entire economy."We need investment in renewable energy generation, grid and digitalisation. The challenge is to achieve the energy transition without exorbitant costs. In other words, to be beneficial for consumers and the entire economy. We need to think in the medium and long term, not just respond to current issues. We have discussed all these things with the Enel representatives. I am very interested in these consultations with the market players, because this is the only way we can have good results. The fact that Enel further intends to invest in Romania shows us that there is confidence in this Government and in the way we do things: with predictability, without changes in taxation," the Prime Minister wrote on his Facebook page.
Romania’s prime minister Ilie Bolojan reportedly opposes the idea of further prolonging the price-capping mechanism introduced in August 2023 and repeatedly extended so far, according to Ziarul Financiar. Ambiguous statements over the weekend indicated an incipient conflict among the ruling coalition’s...
Several thousand civil servants rallied in Bucharest on September 15 to oppose government reform plans that would reduce public administration staff, Radio Romania Actualități reported. Protesters gathered in Victoriei Square before marching to the Palace of Parliament,...
A memorandum establishing a new stock exchange in the Republic of Moldova was signed on September 15 in Chișinău, with the Bucharest Stock Exchange (BVB) set to play a key role as shareholder and technology partner, according to Bursa.ro. The new Moldovan exchange will run...
The “service pensions”, also known as special pensions, paid to civilians (military not included in the report), cost the state budget and the state social insurance budget a total of RON 2.2 billion in 2024, over 22% more than in 2023,
The Czech company Tesla has officially announced to the government and local authorities that it is abandoning the project to build the energy storage factory in Brăila, an investment of EUR 90 million that was also to receive state aid, according to
Romanian households' purchasing power has deteriorated in July, both as a result of slower nominal advance (+5.2% y/y, the weakest in four years) but also because of a sharp rise in inflation (7.68% y/y) following the VAT rate hike, according to data published by the statistics office INS. The average net wage dropped by 3.0% […]
