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.
Romania has signed a major contract with France for the acquisition of Mistral portable short-range air defense missile systems. The agreement was concluded on Tuesday, November 25, between Romania’s Ministry of National Defense and France’s Ministry of the Armed Forces and Veterans, through their respective General Directorates for Armaments. The acquisition is valued at EUR […]
The European Parliament called on November 26 for EU-wide rules to strengthen the protection of minors online, recommending a minimum age of sixteen for accessing social networks, video-sharing platforms, and AI chatbots, according to a statement from the institution,
The government of Romania will be empowered to establish, ex officio or upon request, by Government Decision, an extended surveillance regime over local companies strongly affected by economic sanctions imposed by other states, according to the legislative project prepared by the government, given that the situation of the assets held by the Russian giant Lukoil […]
The European Commission (EC) will reportedly give Romania four more months to appoint permanent management under competitive procedures at 48 state-owned enterprises (SOEs) in the energy sector, after the Romanian government agreed to double the fine paid by the country and the penalties charged to those responsible (ministers) if the milestone set under the Resilience […]
The Romanian banks boasted in 2025 virtually the same record aggregated net profit as in 2024, namely RON 11.6 billion (EUR 2.3 billion, -0.6% y/y) in January-September and RON 6.2 billion (EUR 828 million, -0.3% y/y) in Q3 alone, according to data published by the National Bank of Romania. The non-performing loan (NPL) ratio has […]
The Romanian Parliament approved the National Defense Strategy on Wednesday, November 26, with 314 votes in favor, 43 against, and three abstentions, following a joint session attended by president Nicușor Dan. The document will guide national security policy for the 2025-2030 period. During the parliamentary debate, Ana Maria Gavrilă, leader of the opposition party POT, […]
