Romania’s cap on energy prices will remain unchanged until March 2025, announced Romanian Energy Minister Sebastian Burduja on Thursday, meaning Romanian consumers will continue enjoying the EU’s fourth cheapest gas prices. After that date, adjustments to the pricing scheme may occur depending on market dynamics, he added, noting that the aim is to better target support towards vulnerable Romanians. The transition will be “gradual, transparent and predictable” because it is important to ensure “the stability” of the energy market, Burduja said, according to Agerpres quoted by euravtiv.com. Burduja highlighted that the price caps have enabled Romanian consumers to access gas at the fourth cheapest rates in the European Union. Regarding electricity, over five million households benefit from a monthly bill of 35 lei (€7), “an absolutely reasonable bill”, the minister said. He also noted that many energy suppliers currently offer prices below the government-set ceiling, allowing consumers to easily switch contracts if dissatisfied. Russia’s full-scale invasion of Ukraine in February 2022 saw a sharp rise in energy bills, with many national governments, including Romania, introducing state aid measures to shield citizens from excessive energy prices. Almost two years on, and with wholesale electricity prices returning to pre-war levels, things are returning to normality – and energy subsidy measures are being wrapped up in many EU member states.
Pulitzer Prize winner Junot Díaz, Tracy Chevalier, the author of the international best seller Girl with a Pearl Earring, and French author Michel Bussi, known for his widely translated thriller novels, are among the authors set to attend this year’s Iași International Literature and Translation Festival (FILIT), the largest literary festival in the country. They […]
Bucharest is about to welcome a culinary moment like no other. This September, the JW Marriott Bucharest Grand Hotel will host Michelin-starred Chef Theodor Falser - a name synonymous with nature-inspired haute cuisine - for three exclusive evenings that promise to delight the senses and tell stories through food. The Chef Who Cooks Nature Theodor […]
The International Monetary Fund (IMF) has endorsed Romania’s latest fiscal measures, forecasting that the economy will grow by 1% in 2025 and 1.4% in 2026, the government said Friday, September 12, after talks with a visiting IMF delegation. The delegation, led by Joong Shik Kang, met prime minister Ilie Bolojan in Bucharest to discuss the […]
The George Ciprian Theater in Buzău has unveiled “E-Waste E-Motion,” the first performance in Romania in which all characters are played by small autonomous robots, blending art, technology, and sustainability in an experimental theatrical project. “E-Waste E-Motion” is part of a broader artistic research initiative supported by the National University of Theatre and Film (UNATC) […]
With extensive experience in the luxury hospitality sector, gained as General Manager of Sofitel Legend The Grand Amsterdam and Hotel Okura Amsterdam (LHW), as well as in various Director of Operations and Business Development roles, Ms. Emmy Stoel is a seasoned professional whose career reflects a deep passion for excellence in guest service, having successfully […]
Update: The woman made her first statements on Friday afternoon after being questioned. According to Digi24, she told journalists outside a police station in Bucharest that the items were family heirlooms from the Soviet era, and that she...
