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".
Romanian president Nicușor Dan announced on Tuesday, December 9, that French president Emmanuel Macron will pay an official visit to Romania in 2026. The confirmation was made during Dan’s visit to Paris, where the two leaders held extensive discussions on defence, security, and economic...
Ireland can be seen as one of the most important business hubs in Europe and the European Union, as many international companies have established regional headquarters there. If you are looking for a country to expand your enterprise, you should definitely consider Ireland for several reasons that are presented below. Location and language The first […]
Cyprus is mostly known as a tourist destination. However, there is also a business side to it, as many investors choose it to open companies because of the favorable taxation system. Apart from its low corporate tax rate, there are a few more reasons why you should choose it if you are looking for a […]
The Romanian Commercial Code provides for various types of entities that can be created by natural persons and companies, local or foreign. Each of them has its own particularities, which can give it various advantages. How do you choose among them? We will review the main types of companies and their pros to help you […]
A new alley named after Romanian diplomat Nicolae Titulescu was inaugurated on Tuesday, December 9, in Paris’s Parc Monceau during a ceremony attended by Romania’s president Nicușor Dan and Paris mayor Anne Hidalgo. “I expressed my appreciation for the decision to name an alley in the beautiful Parc Monceau in Paris after the great Romanian […]
Oxygen Resort, a development located in central Romania’s Harghita county, has inaugurated its first bungalows. The first 18 bungalows are already functional, with another 17 units to be completed in the next stage, bringing the total to 35. The inauguration of the bungalows “marks the transition from a center dedicated predominantly to recreational activities to […]
