Prime Minister Nicolae Ciuca stated, on Monday, that, at the level of the Government, several proposals for mitigating the impact of rising energy prices have been analysed, and they will be discussed on Monday evening in the governing coalition meeting, mentioning that the main purpose is to protect the vulnerable consumer and essential institutions, and for the economy to function."The main purpose is to protect the vulnerable consumer, to protect essential institutions, schools and hospitals and, also, to take measures so that the Romanian economy can function and not be as affected by the impact of increases in the prices of energy and gas," answered Ciuca, when asked, before the governing coalition, about the Social Democratic Party's (PSD) proposals to reduce the ceilings for electricity and natural gas.He added that measures were taken so that state institutions verify all the companies that provide electricity and gas and which have not respected the Vulnerable consumer law. The Prime Minister emphasized the checks will continue "firmly and correctly".
A truck belonging to a Moldovan transport company loaded with weapons was detected at the Albita Customs, at the entrance to Romania, on November 20, Europa Libera Romania reported. According to the documents, it was intended for an Israeli beneficiary, but this has not been...
The Constitutional Court of Romania (CCR) will rule on December 10 on the objections expressed by the opposition party AUR against the revised law that includes higher taxes and better tax collection procedures, passed by the Parliament on November 18 in an amended form, such as to incorporate the issues already spotted by the CCR […]
The Social Democrat (PSD) candidate for the Bucharest mayor seat, Daniel Baluta, mayor of District 4 and president of PSD Bucharest organisation, leads with 26.6% of the general voting intentions expressed in the latest poll conducted by Inscop for Informat.ro. He is closely followed by the Liberal (PNL) candidate Ciprian Ciucu, currently mayor of District […]
Cris-Tim Family Holding (BVB: CFH) shares will start trading on the Bucharest Stock Exchange on November 26, following one of the most heavily oversubscribed initial public offerings ever conducted on the local market for retail investors, Ziarul Financiar reported. The listing follows a RON...
Banca Transilvania (BVB: TLV) is preparing to launch a new Additional Tier 1 (AT1) bond issue, denominated in euros, with an indicative coupon of 7.625% (semiannual payment), according to Bloomberg information consulted by Economedia.ro. The instrument is a EUR Benchmark Perpetual...
Banca Comercială Română (BCR, part of Erste Bank Group) raised EUR 500 million through its second Eurobond issue, strengthening its access to international capital markets. The issuance follows a local bond sale earlier this month and forms part of the bank’s broader funding strategy. BCR stated that the transaction secured “one of the most competitive […]
