The National Plan for Recovery and Resilience (PNRR) represents an opportunity for Romania to develop and get an economy neuter from the climatic point of view until 2050, by the adoption of the newest and greenest existing technologies, stated , in an interview offered to AGERPRES, Mihai Constantin, Climate and Energy Policy Officer with WWF Romania.The specialist of the organisation spoke, similarly, in the interview, about the factors which led to the increase of tariffs for electricity and natural gas, as well as about long term measures which the government should adopt to support the users, beyond the compensation of the bills, measure which solves the issue ‘ for a short period of time’. As regards the idea of capping tariffs, Constantin considers that it is unlikely to happen as ‘the European legislation does not allow it’.According to the environment expert, the authorities in Bucharest opted for projects through which to support the use of natural gas, although Romania should have supported in PNRR the development of renewable energy and complementary measures, such as the creation of capacities for energy storage and modernization of the electricity transport grids.
More than 85% of Romanians believe the country will face economic difficulties in the near future, with concern particularly high among voters of the Alliance for the Union of Romanians (AUR) and adults aged 30 to 59, according to the latest INSCOP Research Barometer published on June 13 and consulted by Adevarul. ...
A limited agreement on the structure of the fiscal plan was reached among the four parties negotiating for a ruling majority in Romania, but there was little consensus on specific measures to support the plan on the revenue side, such as higher tax rates. The deadlock is total when it comes to the prime minister […]
The wage share in Romania (the share of the gross value added disbursed as total labour compensation) reached 45.6% in Romania in the 12 months to March 2025, according to data published by the statistics office INS. The dynamics of the wage share reflect how much the real wages have increased above labour productivity during […]
Bulgarian insurance company DallBogg will suspend its operations, including the issuance of mandatory motor third-party liability (RCA) policies, in Romania and other European markets starting July 1, 2025, due to unresolved claims and failure to meet obligations to policyholders, Romania's Financial Supervisory Authority (ASF) announced on June 13. DallBogg entered the Romanian RCA market in […]
If the competition authority approves the takeover, Romanian courier company Sameday will most likely become the market leader in terms of turnover in 2025 after the takeover of Cargus, according to calculations from Economedia.ro. ...
It remains to be seen if policy effectiveness will improve in Romania, given a fragmented legislature and increased social polarisation highlighted by the presidential elections, Fitch Rating agency writes in a post-elections update that doesn’t seem to capture the latest developments on the government formation. The fiscal plan currently under negotiations among parties to form […]
