The crisis of natural gas is artificially created by the Russian Federation through Gazprom and I think it is necessary to have a common front of all member states to stop this energy crisis, stated on Wednesday the interim minister of energy, Virgil Popescu at the National Top of Companies 2021, event organised by the Chamber of Commerce and Industry of Romania (CCIR). " ‘After a difficult year, there followed economic growth of 2021, for the Romanian economy and the European economy, but we started to face the crisis of raw materials, prices for energy and natural gas, which are reflected in the economy. We have taken measures, so that we support, besides the citizens the small and medium enterprises so that we can survive this winter. One week ago, we injected 500 million lei in the economy to the big consumers of energy, which have tens of thousands of people employed and who need support on an aid framework which we approved at the end of 2019 and which will continue. We want to inject money in the economy, we need financial intervention in the economy to help the companies to survive during this period. Pandemics plus energy crisis is not a good thing. We have to be very careful, as the pandemics is not over yet. We need to be prudent, as the Romanians’ health is first. We have a crisis of natural gas which is an artificial crisis created by the Russian Federation through Gazprom. We saw how sensitive the market of natural gas is. The moment the German regulator announced that they will postpone the approval of the North Stream 2 pipeline, the price of natural gas automatically went up. I think it is necessary to have a common action of all member states to stop this energy crisis’ Popescu said. (Photo:https://www.facebook.com/ccir.romania/)
Romanian deep-tech startup .lumen, the developer of what it says are the world’s first AI-powered glasses for the blind, has secured a new investment from EIT Urban Mobility, the European innovation community focused on advancing sustainable and inclusive urban mobility solutions. The value of the new funding round was not disclosed. The investment aligns with […]
The health spending per capita in Romania was the lowest in the EU, with spending less than half the EU average in 2023, the recently released report, State of Health in the EU - Romania Country Health Profile 2025, shows. At the same time, life expectancy in Romania is 5.1 years below the EU average, […]
Romania’s annual inflation rate stood at roughly 9.8% in November 2025, similar to October, according to data published by the National Institute of Statistics (INS). Food prices increased by 7.6% last month, while services rose roughly 11% and non-food goods climbed 10.7%. The consumer price index rose by 0.42% in November compared with October, while […]
Three French soldiers deployed in Romania as part of NATO’s Multinational Battle Group at Cincu intervened to save a truck driver following a serious traffic accident on the A3 Bucharest–Ploiești motorway, the Romanian Ministry of Defense said. The incident occurred earlier this week as the soldiers were traveling toward Ploiești and witnessed the truck crash...
Eight contemporary art galleries will present the works of the artists they represent at the third edition of the Smallest Art Fair in Town, an event dedicated to works on paper. This edition showcases works “investigating the state of wandering, disorientation, and rediscovery in the face of uncertainty.” Under the title In Dark Woods, A […]
Parents everywhere are asking an important question: What skills will truly prepare a child for a world defined by rapid change, global uncertainty, and the rise of artificial intelligence? For decades, schools focused entirely on academics. Today, research from neuroscience, performance psychology, and leading universities shows a different reality: The students who thrive long-term are […]
