Category: Uncategorized

The 330MW 5th unit of the Rovinari coal-fired power plant, within the Oltenia Energy Complex (CEO), is ready to be put into operation and connected to the national power grid after it was refurbished under a EUR 100 mln project, minister of energy Sebastian Burduja announced on October 6. Under the strategy for the country’s…

The energy price capping scheme will remain in force in its current form, as provided by law, at least until April 1, 2025, Romania’s Ministry of Energy assured after the European Commission requested the country to remove the restrictions related to the establishment of prices and the export of electricity and gas.  Prime minister Marcel…

The Court of Justice of the European Union (CJEU) announced on Friday, October 4, that it canceled the obligation provisioned in the Mobility Package for vehicles to return every eight weeks to the company’s operational center – one of the most criticized provisions, Economedia.ro reported.   However, the CJEU preserved the other provisions contested by…

The European Commission sent Romania two letters of formal notice, de facto requiring the country to terminate the energy price capping system, the most complex and costly in Europe, which, among others, impedes the country’s exports. Romania’s price capping system tends to keep the prices on the wholesale and retail markets above those expected to emerge…

Romania decided to skip the longer-term maturities (10-year and 20-year) and kept the 3-year, 5-year, and 7-year tranches only while scaling down accordingly the planned aggregate size at JPY 30 bln – the equivalent of just over EUR 200 mln – compared to up to EUR 500 mln initially envisaged, according to the Finance Ministry’s…

In its meeting of October 4, the Board of the National Bank of Romania (BNR) decided, “in light of the elevated uncertainty,” to keep the monetary policy rate at 6.50%, amid mixed expectations slightly skewed towards a 25 basis points (bp) cut. BNR cut the policy rate for the first time in July (-25bp) after it…

Eight canine teams from the Odessa State Customs Service in Ukraine recently received training from Romania’s Canine Teams Training Center (CIEC-AVR). The latter is part of the Romanian Customs Authority. The training aimed to improve the professional skills of service dogs and their handlers. The teams are working on the EU’s external border to detect…

Romania’s presidential candidate Mircea Geoană, former NATO Deputy Secretary General, claimed he is subject to a media lynching campaign after an investigative report drafted by Context.ro revealed that one of his former active supporters, Rareș Mănescu, set up a firm with a Russian partner and propagandist.  On September 11, the former NATO official Mircea Geoană…

Dozens of Romanians have been repatriated from vulnerable areas in Lebanon by the Romanian Ministry of Foreign Affairs on Thursday, October 3.  The 69 individuals in vulnerable situations, Romanian citizens and first-degree family members, mostly women, children, medical cases, and people in high-risk areas, were transported to Romania aboard a military aircraft. Upon their arrival,…

Experts in Applied Behavior Analysis will come to Bucharest this month for the ABA Conference 2024 to discuss the latest findings and explore new ways to support people with autism. The event is scheduled for October 25-26. With sessions from international experts such as Ellie Kazemi, William Heward, and Dr. Paul Gavoni, the conference will…