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 dessert producer Senneville has officially opened a new state-of-the-art refrigerated dessert factory in Călan, Hunedoara county. The facility is the first of its kind entirely developed by a Romanian-owned company and represents a EUR 4 million investment funded through a combination of company capital, bank loans, and EU support via the Just Transition Program […]
The small town of Ballymena, in Northern Ireland, saw its third night of violence after two Romanian teenagers were accused of attempting to rape a teenage girl. Wednesday night’s violence consisted of clashes between masked individuals and the police. Law enforcement responded with water cannons to Molotov cocktails and fireworks launched by several hundred people, […]
The annual inflation rate in Romania in May 2025 compared to May 2024 was 5.5%, according to data published by the National Institute of Statistics (INS). The figure in April 2025 compared to April 2024 was 4.9%, the same level as in March. Data also reveals that the average rate of change in consumer prices […]
Bucharest City Hall has begun installing modern cooling stations across the city to help pedestrians cope with rising summer temperatures. In partnership with Apa Nova București, the municipality has introduced a pilot project that will see six misting installations placed in high-traffic areas of the capital. The first cooling station has already been installed in […]
More than half of Romanians believe the country’s international representation will improve during the presidency of Nicușor Dan, according to the latest Barometrul Informat.ro – INSCOP Research survey conducted...
As the academic year winds down, Cambridge School of Bucharest community came together for one of its most beloved traditions: the annual Summer Fair. This year’s event was even more special, as it marked the 30-year anniversary of the school. What began as a modest educational institution has, over the decades, flourished into one of […]
