EU Energy Ministers did not reach an agreement regarding the value of the cap and other elements of the natural gas market correction mechanism, at the EU level, Minister of Energy Virgil Popescu, announced on Wednesday."I participated in the extraordinary meeting of Energy Ministers Council, in Brussels. After two days of discussions and negotiations, the work was completed late last night, but we did not reach an agreement regarding the value of the cap and other elements of the market correction mechanism of the natural gas price, at the level of the European Union," he wrote on his Facebook page.The discussions will continue in the next period."Romania, together with Spain, Italy, Belgium, Greece, Bulgaria, Slovakia, Poland, Lithuania and Slovenia support a reasonable price cap that does not give a signal to the market of price increase, but on the contrary helps to stabilize it at reasonable values. We will continue negotiations in the coming days so as to reach a consensus," the Minister of Energy emphasized.
Ireland can be seen as one of the most important business hubs in Europe and the European Union, as many international companies have established regional headquarters there. If you are looking for a country to expand your enterprise, you should definitely consider Ireland for several reasons that are presented below. Location and language The first […]
Cyprus is mostly known as a tourist destination. However, there is also a business side to it, as many investors choose it to open companies because of the favorable taxation system. Apart from its low corporate tax rate, there are a few more reasons why you should choose it if you are looking for a […]
The Romanian Commercial Code provides for various types of entities that can be created by natural persons and companies, local or foreign. Each of them has its own particularities, which can give it various advantages. How do you choose among them? We will review the main types of companies and their pros to help you […]
A new alley named after Romanian diplomat Nicolae Titulescu was inaugurated on Tuesday, December 9, in Paris’s Parc Monceau during a ceremony attended by Romania’s president Nicușor Dan and Paris mayor Anne Hidalgo. “I expressed my appreciation for the decision to name an alley in the beautiful Parc Monceau in Paris after the great Romanian […]
Oxygen Resort, a development located in central Romania’s Harghita county, has inaugurated its first bungalows. The first 18 bungalows are already functional, with another 17 units to be completed in the next stage, bringing the total to 35. The inauguration of the bungalows “marks the transition from a center dedicated predominantly to recreational activities to […]
Romania carried out a new medical evacuation mission for civilians from Gaza on Monday, December 8, transporting eight Palestinian patients and 29 accompanying relatives to Bucharest for treatment, according to the Department for Emergency Situations (DSU). The patients were evacuated aboard a Romanian Air Force C-130 Hercules aircraft after lacking access to adequate medical care. […]
