The Romanian government should consider not liberalising the natural gas prices in April 2026, because the central bank is struggling with inflationary expectations that could get out of control, says chairman of the Fiscal Council, academician Daniel Daianu."The budget deficit keeps monetary policy hostage or prisoner. The level of the monetary policy rate in Romania at 6.5% - similar only to Hungary's - is very high and many wonder why it is so high. It is very high because you have a very large budget deficit and you have an extraordinary inflation. And now we also have this spike caused by the package of measures, which was inevitable. Nor can it quickly lower the monetary policy rate. I think it would make sense, for example, to consider liberalising the natural gas prices in April 2026, because the central bank is struggling with inflationary expectations that could get out of control. Therefore, when inflation consolidates on a clear downward trend and the budget implementation in 2026 will show that deficit target that is close to 6%, to be clear that we have a budget implementation according to this forecast, it will also be possible to lower the monetary policy rate. It cannot be lowered now," Daianu said on Monday at the conference "Budget and Taxation 2026: The effects of taxation and the expectations of the economy" organised by CursDeGuvernare.He said that there is a thesis that the monetary policy rate can be lowered to help or boost the economy, but he warned that that is not an appropriate measure when you want to make a large correction."We stimulated it so much that we ended up blowing it, nearing a deficit of 9%," said Daianu.
Global environmental NGO Greenpeace saluted the fact that Romania adopted a new normative act on Thursday, November 6, creating the necessary legislative framework so that citizens, municipalities, NGOs, and small enterprises can jointly produce, manage, and consume renewable energy. The framework was finally created “after nearly three years of waiting and requests from local authorities […]
Roweb, compania românească din spatele software-ului nr.1 din Belgia în Real Estate În timp ce România continuă să importe mai mult decât exportă, companii locale precum Roweb demonstrează că soluțiile digitale și inteligența artificială pot echilibra balanța și pot pune țara pe harta inovației europene. AI made in Romania: de la cod la […]
Romania has significantly increased its separate collection of textile waste over the past decade, rising from just 48 tons in 2010 to 2,774 tons in 2022, according to data analyzed by Clean Recycle. Despite the progress, the country still collects only about 15% of the roughly 250,000 tons of textile waste it generates each year. […]
Romanian president Nicușor Dan and Secretary General of the North Atlantic Alliance, Mark Rutte, participated in the NATO Industry Forum 2025 in Bucharest on Thursday, November 6. During his speech, the president said that “rearmament is not a choice, it is a necessity” due to the many threats to peace. The Romanian president began his […]
Romanian renewable energy contractor Parapet said that it signed seven contracts with Alerion, an Italian player in the green energy sector, listed on the Milan stock exchange market. The solar projects - Sass Maor, Ambiez, Dănești, Sant’Agata, Torremaggiore, Gavorrano, and Grottole Verga - total nearly 80.8 MWp of installed capacity and will be carried out […]
The European Commission proposed the construction of high-speed railway lines between European capitals on Wednesday, November 6, including from Bucharest to Budapest, by 2040. The goal is to reach speeds of at least 200 kilometers per hour through the development of the lines. The plan includes high-speed sections on the lines Budapest –...
