President Nicusor Dan said that Monday's meeting at Cotroceni Presidential Palace on fuel supply addressed the possibility of a future shortage on the market, stressing that no such situation exists at present."First of all, there are two somewhat distinct issues: supply and price. In yesterday's discussion at Cotroceni, we talked about procurement and the possibility that at some point there could be a shortage of fuel on the market. We are not there yet. Romania is in a somewhat better position than other European countries because it has some domestic production and refining capacity on its territory, which shortens supply chains. As reported, there is currently no emergency. However, as with gas and electricity, work is now under way on contingency scenarios in the event of a supply disruption in petroleum products," the president said on Tuesday in Timisoara.He added that many factors remain beyond current control."Transit through the Strait of Hormuz has partially resumed. In the coming days, we will assess the extent to which this can offset the shortfall. If the situation continues along this trajectory, we are likely to see sustained price pressure over the next two to three months, and it remains to be seen to what extent the budget can provide compensation, as it has in recent days. However, much will depend on a range of evolving factors," Nicusor Dan said.The head of state visited, together with Health Minister Alexandru Rogobete, the major burns unit at the Pius Brinzeu County Emergency Clinical Hospital in Timisoara. (Photo:https://www.facebook.com/)
Prime minister Ilie Bolojan, the president of the National Liberal Party (PNL), has said the party he leads would start talks with the political groups supporting the current government to clarify how a minority government could work. PNL will hold talks with the Save Romania Union (USR), the Democratic Union of Hungarians in Romania (UDMR), […]
Remittances amounting to EUR 980 million were sent to Romania from abroad in the first quarter of 2026, according to the Revolut Money Report. The fintech said it facilitated more than 4 million international transfers involving Romanian customers during the same period. Germany, with EUR 223 million, and the UK, with EUR 173 million, continue […]
President Nicușor Dan has called leaders of ruling coalition parties for consultations at the Cotroceni Palace on Wednesday, April 22, following the decision by the Social Democratic Party (PSD) to withdraw support for Liberal (PNL) prime minister Ilie Bolojan. The move comes as Romania faces a deepening political crisis. ...
North Bucharest Investments announces the addition of the Astorium Life residential complex to its portfolio, at a time when demand for completed, move-in-ready homes is increasing, driven by a growing preference for lower-risk real estate investments with greater predictability. This move reflects a clear market trend, where attention is shifting from developments still in the […]
The restoration of Bánffy Castle in Răscruci, in Cluj county, is among this year’s winners of the European Heritage Awards / Europa Nostra Awards in the Conservation & Adaptive Reuse category. The 19th-century aristocratic residence and its park have been returned to public use, in a project combining the conservation of its interiors and landscape […]
Bucharest City Hall announced a free sterilization and microchipping campaign for mixed-breed dogs, as part of ongoing efforts to manage the city’s pet population. The initiative is carried out by ASPA through weekly programs available to residents. Dog owners with a registered address in Bucharest can schedule appointments by phone during weekdays. Procedures are performed […]
