French workers vote to halt production at Total’s Grandpuits refinery
French workers voted on Monday to halt production at a key oil facility that supplies Paris and the surrounding region,…
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Economics&Markets
Aid scheme to support industrial consumers through CO2 emissions certificates
The government approved a draft emergency ordinance establishing a state aid scheme to support industrial consumers in 15 areas through…
Bodea (Adrem): Raising the minimum wage in construction was a good thing, but not all the customers acknowledged the increase
The increase in the minimum wage in construction and other fiscal facilities granted to the sector were good measures, as…
The budget project for 2020 is built on economic growth of 4.1% and a budget deficit of 3.59% of GDP
The budget project for 2020 is built on an economic growth of 4.1%, a budget deficit of 3.59% and an…
V. Popescu: By clearing barriers in Ordinance 114 we want to create free market mechanisms
The authorities want, by removing the barriers brought by GEO 114, to create the free market mechanisms through which the…
German lawmakers agree to raise planned CO2 price for buildings, transport
German lawmakers have reached a preliminary agreement to raise the planned CO2 price for the buildings and transport sectors. The…
On Friday the government presented the amendments to GEO 114
On Friday, at the government meeting, the ordinance providing for the amendments made to GEO 114 was read, which includes…
Romania, among the EU countries with the lowest consumption and GDP per capita
Bulgaria, Hungary, Croatia and Romania last year had the lowest effective individual consumption (AIC) per capita expressed in standard purchasing…
Dăianu: Romania’s problem is to not get out of the capital markets
Romania’s problem is not to get out of the capital markets, and if we face a situation similar to the…
Europe sets the tone in the fight against climate change
Europe needs around EUR 180 bln in extra yearly investment to meet the EU 2030 targets on climate change. According…
Investors are increasingly focusing on investments in energy-efficient and sustainable companies and projects
More and more investors are targeting companies that promote sustainability, on issues such as climate change, energy efficiency, environmental protection…
Net investments made in the national economy, increasing by almost 19%
Net investments made in the national economy in the first nine months of the current year amounted to 67.139 billion…
Zoltan Nagy-Bege: ANRE is ready to implement any measure of transition in the energy market after repealing the ordinance 114
The National Energy Regulatory Authority (ANRE) is ready to implement any transitional measures that will be taken by the Government…
V. Popescu: Gov’t will assume responsibility for the modification of the Ordinance 114 in the next 2 weeks
The government will assume responsibility for amending Ordinance 114 in the next 2 to 3 weeks, so that by the…
Romania, among the EU countries with average economic growth in Q3
Romania was among the states of the European Union with an average economic growth in the third quarter (Q3) of…
Energy taxation: European Council calls for an updated framework contributing to a climate neutral EU
The Council adopted conclusions on the EU energy taxation framework. Conclusions are a direct response to the European Council’s call…
Cîţu: In the next days there will be a solution for the Ordinance 114/ 2018
In the next few days there will be a solution for the Ordinance 114/ 2018, which will be presented publicly…
The Fiscal Council: The project of the second budgetary rectification establishes a significant budgetary deficit
The project of the second budgetary rectification establishes a large budgetary deficit, and the main factors that led to this…
CNSP has revised the economic growth estimates for 2019 to 4%
The National Commission for Strategy and Forecast (CNSP) has revised downwards the estimates for the Romania’s economic growth for 2019,…
Ludovic Orban: Our objective is to adopt the GEO 114 amendments by year-end
The government will try to correct the Ordinance 114, said on Wednesday, at a conference held at the Academy of…
Pruna, USR: The energy industry has entered a negative trend
Bogdan Tudorache The industry has entered a negative trend and has not set the tone of the economy, claims the…
Radu Hanga becomes president of the Stock Exchange, Dragoș Neacșu enters the board
Radu Hanga is the new chairman of the Bucharest Stock Exchange (BVB), while Dragoş Neacşu, former CEO of Erste Asset…
Chiriţoiu: There are companies that want to influence political decisions, the temptation to give in is high
The high degree of competition and low prices in Romania can be maintained by entering new forms of business on…