Energy Minister Virgil Popescu wrote on Tuesday on Facebook that he is in Baku to negotiate "concrete energy cooperation deals" with Azeri officials."Today I had a working meeting with Minister Sahil Babayev, chairman of the Romania - Republic of Azerbaijan Joint Intergovernmental Commission on trade, economic and technical & scientific cooperation. In my capacity as commission chairman on Romania's behalf, I suggested that we step up the activity of this commission, given the predominant energy component in bilateral dialogue," the Minister wrote.The next session of the Joint Intergovernmental Commission will take place this year in Baku."I also proposed shaking up the activity of the Romania - Azerbaijan Energy Working Group, updating its structure and possibly organizing a new session in the near future. Talks within the Energy Working Group are likely to contribute to the implementation of the energy cooperation proposals advanced by Romania, as the direct dialogue with Azeri partners can allow the identification of new directions of cooperation in the energy sector," the government official added.Romania plans to import gas from Azerbaijan through the Southern Corridor in order to reduce reliance on Russian gas. (Photo:https://www.facebook.com/)
Romania’s main trade union confederations are preparing coordinated protest actions and considering a general strike in response to the government’s new fiscal and austerity measures, Economica.net reported. The decision was made during a meeting of union leaders evaluating the impact...
The Coalition for the Digital Economy, which brings together companies such as Uber, Glovo, Wolt, Bolt, Bringo, and Lime, in response to Ziarul Financiar's claims that the drivers of the ride-hailing operators are avoiding taxes and social security contributions, assured that this is not the case. ...
Romanian energy group OMV Petrom (BVB: SNP) will decide by the end of September on the special dividend, based on the progress of the investment projects, the impact of the present and future fiscal reforms implemented by the government, and the market conditions, the company's CFO Alina Popa explained, quoted by Cursdeguvernare.ro. ...
Romania’s teachers’ unions announced on August 5 that education minister Daniel David has pledged to ask prime minister Ilie Bolojan to drop some of the most contested measures from the government’s first package of reforms, Hotnews.ro reported. The...
Although the Romanian government is preparing two additional extensive reform packages, targeting mainly the spending cuts and a higher efficiency in the public administration, the 7% of GDP target for this year will not be met, with a level above 8% of GDP more likely, according to a research report by UniCredit Romania. "Yet, we […]
Deputy prime minister Tanczos Barna stated on August 4 that Romania’s second package of deficit-reduction measures cannot move forward without addressing magistrates’ pensions, Economedia.ro reported. He warned that failure to reform the system would jeopardise...
