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The government in Bucharest on Thursday passed a bill for 0.5 RON subsidies from the budget and fuel suppliers per liter of fuel. The decision was made for citizens and companies to pay less on fuel, given the latest price spikes in this commodity. The measure is valid for the next three months and at the end of this period, the government is expected to analyze a new set of measures if need be.  The government admits however that the concrete implementation of the bill might be delayed for a while until suppliers have updated their fiscal procedures. Moreover, the measure isn t compulsory, as fuel suppliers can choose whether to cut prices by 0.25% or not. However, the Romanian Minister of the Economy, Virgil Popescu has given assurances that the big chains of suppliers will apply the measure.  At the same time, authorities have pledged to monitor fuel price evolution in the months of July, August and September and to sanction any new hike under t

Mihai diaconuVirgil popescuRomanian ministerFinance ministry