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.
June is the richest month. The most awaited two weeks in my annual festival pilgrimage. The route starts with Romania’s Transilvania International Film Festival (TIFF), followed by Italy’s (and the world’s) most comprehensive festival for restored and archival film: Il Cinema Ritrovato. To shake up the traditional article on the two, I’ll start with the […]
Different Beauty, a recently opened exhibition of works by Czech photographer David Těšínský, offers a glimpse into everyday life in the war-torn region of Donbas in 2017. The photos were taken within the span of only a few days, as Těšínský traveled to eastern Ukraine to document the lives of women impacted by war. In […]
Different Beauty, a recently opened exhibition of works by Czech photographer David Těšínský, offers a glimpse into everyday life in the war-torn region of Donbas in 2017. The photos were taken within the span of only a few days, as Těšínský traveled to eastern Ukraine to document the lives of women impacted by war. In […]
Roughly 70% of Romanians are “very” or “moderately” concerned about how AI accesses and uses their data, according to the latest survey conducted by RoCoach in partnership with Novel Research between May and June 2025. Distrust in automated decision-making and the demand for regulation are becoming more pronounced, as Romania rolls out major digitalization projects […]
The Armenian Street Festival returns for a 9th edition between August 1 and 3, 2025, in the “Dimitrie Brândză” Botanical Garden in Bucharest. The festival brings into focus the living heritage of the Armenian community in Romania and the diaspora. According to the organizers, this year’s edition aims to strengthen the Bucharest–Chișinău–Yerevan cultural axis, articulated […]
The Romanian mergers and acquisitions market registered a total of 122 announced transactions in the first half of 2025, with a value exceeding EUR 2.7 billion, marking a slight increase of 6% in volume and 4% in value compared to the same period last year, according to an analysis by George Ureche, partner at PwC Romania. […]
