V. Popescu: We plan to approve the national energy strategy and the PNIESC by the end of April
The Government estimates that the National Energy Strategy and the Integrated National Plan for Energy and Climate Changes (PNIESC) will…
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Economics&Markets
Nicolescu, Deloitte: Climate neutrality involves investments of 250 bln. euro per year in Europe; we have to bring this money to Romania, too
Răzvan Nicolescu, former Minister of Energy and partner at Deloitte, says that we should pay attention not to the several…
Romania’s economy advanced 4.1% in 2019
The growth pace of the Romanian economy slowed to 4.1% last year, after increases of 4.4% in 2018 and 7.1%…
Business Trends in 2020 – Some reasons for optimism…
… and some against That would be the proper full title for this article, a text which emerged after I…
Iohannis, in Brussels: Transition fund towards a greener economy shoud be separated by the cohesion fund
President Klaus Iohannis said on Friday that he is determined to negotiate ”down to the last notch” for Romania to…
Orban government was dismissed; Romania must continue its energy projects – reactions
The dismissal of the Orban government could bring about a new set of changes in the state apparatus and state-owned…
From 2020, new mandatory standards regarding the ideal temperature in homes, hospitals and schools
National standards for optimal indoor temperatures are 20°C in both the bedroom and the living room. A higher temperature should…
Siegfried Muresan, rapporteur of the European Parliament on the financing of the Green Deal
Siegfried Muresan will coordinate the position of rapporteur with the European Parliament on the investment plan of the Green Deal.…
Romania ended 2019 with a larger budget deficit, also due to lack of additional dividends
Romania ended last year with a budget deficit of 4.6% of GDP, exceeding the estimates of the authorities in November,…
Minister of Finance: The budget for investments reaches 50 bln. lei
The volume of this year’s investments amounts to 50 billion lei, respectively 4.5% of GDP, but the philosophy will be…
CFA Romania estimates the advance of the exhange rate at 4.88 lei per euro, increasing interests
CFA Romania’s financial analysts anticipate a depreciation of the leu in the next 12 months, up to a 4.8823 lei/…
Fiscal Council: The budget deficit could increase to 4.8% of GDP by 2020
The Fiscal Council (CF) estimates a probable level of the budget deficit for 2020 between 4.6 – 4.8% of GDP,…
2020: When economic prudence will lead to improved performance
Thirty years after the fall of the communist regime, Romania seems to be well anchored in European values and on…
Romania would benefit from investments worth 10 billion euro form the Green Deal
Romania is among the main beneficiaries of the Fair Transition Mechanism, intended to help Europe become climate neutral by 2050,…
Climate package will increase jobs but slow Germany’s economic growth
Germany’s climate package will create more jobs than a business-as-usual scenario while it is overall expected to have a slightly…
SAMER asks for a transitional period in the Ministry of Economy taking over the attributions regarding energy efficiency from ANRE
Each month the authorization of the energy auditors or the certification of the energy managers expires for more than 10-15…
ANRE has no longer any responsibilities on energy managers and energy auditors
The National Energy Regulatory Authority – ANRE has announced that it no longer has among its attributions the certification of…
EBRD pledges support for reforms that unlock investment to Romania
Bogdan Tudorache EBRD President Suma Chakrabarti has pledged support for Romania’s efforts to pursue pro-business reforms, address Romania’s infrastructure needs…
Foreign direct investments increased by 2.5% in the first 11 months of 2019
Foreign direct investments increased in the first 11 months of 2019 by about 2.55% compared to the same period last…
EY: Energy sector, among the most active on the new IPOs market, with 32 billion USD
Bogdan Tudorache The energy sector was among the most active on the new initial public offerings (IPOs) market, with a…
The transition to green energy generates multiple opportunities
After the first historical stage of collective efforts towards decarbonization and diversification of the energy mix, Romania is one of…
PwC: All forecasts for Romania indicate a slowdown in economic growth
All the forecasts for Romania, including the most optimistic one, of 4.1%, belonging to the Government, indicate a slowdown of…