The ambassadors of France, Germany, Italy and the UK are asking the government the compensation of the energy suppliers who compensated the bills, says G4Media. The ambassadors consider, in a letter sent to the minister of economy Virgil Popescu and premier Nicolae Ciuca the fact that the big suppliers E.ON, ENEL, ENGIE and Macquarie Asset Management (CEZ) manifested the preoccupation with regard to the fact that the biggest part of the financial burden of the support measures for the population comes to the private sector, says G4Media. The minister of work, Marius Budai announced on Wednesday in the government meeting that, starting on Monday the payments to the suppliers started, suppliers who capped and compensated energy prices. ‘Yesterday we had 18 million, today we have three suppliers with 6.5 million” said Budai, adding that the sums are updated every hour. Premier Nicolae Ciuca asked, on Wednesday, in the government meeting to be informed on the payments to these suppliers.
The fund Cultura Face Bine, a national funding mechanism for cultural projects backed by private-sector financing, will begin supporting local cultural organizations in 2026. The fund aims to support grassroots cultural initiatives with a proven impact in their communities and which need resources to continue, develop, or transform their activities. The funding mechanism has been […]
The European Commission (EC) announced on Thursday, December 11, that it is referring Romania to the Court of Justice of the European Union (CJEU) for failing to meet obligations under Ambient Air Quality Directives. According to the Commission, Romania has not ensured that its national air quality monitoring network complies with legally required standards on […]
The Bucharest Court of Appeal (CAB) held an unprecedented press conference on Thursday, December 11, in response to allegations raised in a recent media investigation published by Recorder, with court president Liana Arsenie firmly rejecting the claims. However, at the start of the press event, a judge from within the institution publicly stated that the […]
Romania’s Superior Council of Magistracy (CSM) issued its first response to the Recorder documentary alleging systemic manipulation within the justice system, calling the investigation an amplification of a “campaign to destabilize judicial authority.” The council said on Thursday, December 11, that it will evaluate what measures need to be taken following the report. In a […]
MedLife, Romania’s largest private medical services network, announced on Wednesday, December 10, that it reached a market capitalization of EUR 1 billion on the Bucharest Stock Exchange (BVB). The milestone secures its position as “the most valuable healthcare company” in the country. The achievement came nine years after MedLife’s listing on BVB in December 2016, […]
The Buzău Land UNESCO Global Geopark in Romania has become a “living laboratory” this week as a team of American researchers arrived to study microorganisms capable of surviving in extreme environments. The scientists, part of the interdisciplinary research organisation The Two Frontiers Project, are examining methane seeps, sulfur and petroleum springs, saline sources, and other […]
