The Ministry of Energy published, on Friday evening, the draft Emergency Ordinance on the extension of the price cap for electricity until June 30, 2025 and for natural gas until March 31, 2026. "This normative act aims to establish the following temporary measures: granting support measures similar to those included in Emergency Ordinance no. 27/2022 on the measures applicable to final customers in the electricity and natural gas market during the period April 1, 2022 - March 31, 2023, with subsequent amendments and completions, respectively capping the final invoiced prices and compensating the difference from the budget, for electricity consumers, during the period April 1, 2025 - June 30, 2025; granting support measures similar to those included in Emergency Ordinance no. 27/2022 on the measures applicable to final customers in the electricity and natural gas market during the period April 1, 2022 -March 31, 2023, with subsequent amendments and completions, respectively the capping of final invoiced prices and the compensation of the difference from the budget, for natural gas consumers, during the period April 1, 2025 - March 31, 2026", the draft's substantiation note reads.Thus, the three maximum price caps for electricity will be maintained until the end of June 2025, of 0.68 RON/kWh, 0.80 RON/kWh and 1.3 RON/kWh, VAT included, depending on consumption, and of 0.31 and 0.37 RON/kWh, VAT included, for natural gas.At the same time, the document stipulates that the Ministry of Labor, Family, Youth and Social Solidarity will be obliged to develop, together with other relevant institutions, a methodology for establishing the criteria for identifying and qualifying energy consumers for the application of appropriate social measures and/or financial support and to issue, by June 15, 2025, a Government Decision on the implementation of that methodology and on the amount of support granted.The draft emergency ordinance mentions that the extension of the application of some of the protection measures included in Emergency Ordinance no. 27/2022 on the measures applicable to final customers in the electricity and natural gas market during the period April 1, 2022-March 31, 2023, with subsequent amendments and completions, was necessary given the existing situation at national and international level, determined by the still high level of electricity and natural gas prices, mainly due to the current geopolitical context, so that the prices for electricity and natural gas paid by final customers do not affect economic competitiveness and do not aggravate the level of energy poverty.
A two-hour documentary published by the investigative platform Recorder on December 9, revealing how a structure coordinated and controlled through alleged benefits and penalties by High Court president Lia Savonea captured the entire judicial system over the past year, developing institutional mechanisms to legally free high-profile politicians and businessmen, some of them already with a...
Radisson Blu Hotel, Bucharest opens 2026 with a relaxed New Year’s Day Brunch designed as a welcoming start to the year. Held between 12:30 and 16:30, the event brings together families, hotel guests and Bucharest residents for a generous festive buffet that blends traditional Romanian flavors with international dishes. Guests can enjoy a varied selection […]
North Bucharest Investments closed November with a transaction volume almost 15% higher compared to October, marking the most dynamic period of the past months for the company. According to the press release issued by the National Agency for Cadastre and Land Registration (ANCPI), “in November 2024, 58,415 properties were sold nationwide, 9,583 fewer than in […]
Romania achieved a new cultural milestone as UNESCO added the cobza, a traditional pear-shaped string instrument, to the Representative List of the Intangible Cultural Heritage of Humanity. The element, officially titled “Cobza, traditional knowledge, skills and music,” was jointly nominated by Romania and the Republic of Moldova. The decision, announced...
Plenty of Christmas markets and a designer gift fair are on this weekend for those looking for the right presents, while carol concerts liven the mood.
Serbian President Aleksandar Vucic held a phone conversation with his Romanian counterpart Nicusor Dan regarding all bilateral matters of importance to the two countries, Tanjug reported on Wednesday.In an Instagram post, Vucic wrote that the two countries share a centuries-old friendship, closeness and cooperation across all areas and expressed his conviction that there is […]
