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INFLATION - The inflation rate is expected to slightly drop in the next months, the Central Bank (BNR) announced. However, prices might again peak next spring unless the government extends its national schemes capping electricity and gas prices past the April 2023 deadline, the BNR spokesman Dan Suciu has told Radio Romania. Romania has an imported inflation, Dan Suciu argues, meaning that it is generated by the global increase in energy and fuel prices. In May, the inflation rate stood at 14.5%. The authorities expect the rate to grow and peak by the end of July.
DROUGHT - 70% of Romania s surface is affected by drought. People in a number of areas have access to tap water only for a few hours every day. Traffic on the Danube River is also affected, as the water level is half the multiannual average and is estimated to keep dropping. The Porțile de fier I and II hydroelectric power plants are also reporting difficult ....
Energy. The Romanian government is planning an emergency order within the coalition formed by the National Liberal Party, the Social Democratic Party and the Democratic Union of Ethnic Hungarians in Romania to support the citizens affected the rise in electricity and natural gas prices. This announcement was made by prime minister Nicolae Ciucă after a meeting of the three-party council for social dialogue. He said protection measures will expand beyond 1st April based on a special bill. Trade unions say electricity and natural gas prices should be capped at the level of December 2020, before the liberalisation of prices, both at the producers end, and at the suppliers end, for at least another six months, even a year. They say the cap should be uniform for the population and small businesses.
Defence. A European consolidated strategy in the field of defence is more than urgent in a
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În Parlament este o iniţiativă legislativă care vrea să transfere atribuţiile de protecţia consumatorilor de servicii financiare la nivelul Băncii. ....
The approval of the state budget, the third wave of pandemic, new movement restrictions, spontaneous subway strike and protests against government measures are the defining elements of the most tumultuous month since the beginning of 2021 so far ....