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.
“Garden of Memories,” a civic initiative meant to commemorate the 1989 Revolution that led to the fall of communism in Romania, is set to take place between December 19-20 around the Memorial of Rebirth, in Bucharest’s Revolution Square. Organized by the Streets for People Association, together with the Bucharest City Hall and the Museum of […]
Runware, a startup founded by two Romanian entrepreneurs, announced last week that it has secured a USD 50 million Series A funding round led by Dawn Capital, one of the largest European investors in B2B software companies. The round also included Comcast Ventures, Speedinvest, Insight Partners, and a16z Speedrun. The company founded by Flaviu Rădulescu and […]
The body of Romanian former justice minister Rodica Stănoiu was exhumed on Monday, December 15, after prosecutors opened an in rem case regarding her suspicious death, Digi24 reported. Investigators are looking into the possibility that the former minister may have been killed through negligence. ...
Authorities in Romania have begun imposing fines for owners of bicycles and electric scooters who do not take out mandatory motor third-party liability insurance (RCA). The new rules have been applicable since November 13, but the Romanian Parliament granted a 30-day grace period until the application of sanctions, according to...
Art Safari will relocate to Amzei Square in central Bucharest in 2026, where it will operate under a new format titled Art Safari New Museum, following more than a decade of pop-up exhibitions hosted in historic buildings across the capital. After 12 years, 17 editions, and more than 1 million visitors, the exhibition platform will […]
In Romania, Christmas is more than holiday markets, decorated trees, and wrapped gifts. It's a season filled with old customs, lively rituals, and dishes that bring families together. One of the most popular Christmas traditions is caroling. Although traditions vary depending on the area, the ritual of going from house to house and singing carols […]
