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From Globalization to Fragmentation: American Success, Global Deficit

The ramblings that battered Donald Trump's discourse (available on the website www.bursa.ro as an attachment to this article) during his Wednesday appearance in Davos exert a certain attraction both on...

Government on the verge of collapse

The last month of last year was marked by reaching the budget deficit target agreed with the European Commission, especially since the signals for the Bologna government, regarding the budget execution in 11 months, were encouraging, as they...

ACUE: Eliminating the gas cap is inevitable

Energy distributors support the elimination, from April 1, 2026, of the price cap on natural gas, but point out that, in order to reduce the impact of undesirable developments on the wholesale market, solutions must be found to protect consumers,...

Natural gas bill to increase by 5% from April 1, 2026

The natural gas bill will increase by 5% for the final consumer starting April 1, 2026, after the capping scheme ends on March 31, announced Laurenţiu Urluescu, president of the Romanian Energy Suppliers Association (AFEER), yesterday during an...

Competition, an essential factor for increasing economic competitiveness

Reform of magistrates' pensions blocked by the Constitutional Court

The Constitutional Court decided, yesterday, with a simple majority, five to four, to admit the complaint filed by the High Court of Cassation and Justice, and declared the law by which the Bolojan government wanted to reform the special pensions...

The first package of fiscal measures raised inflation to almost 10%

The increase in the general VAT rate from 19% to 21%, the increase in reduced VAT rates, the increase in excise duties, the increase and introduction of new taxes and fees approved by the first package of fiscal measures assumed by the Bologna...

OPINIONHow the reform of magistrates pensions became an exercise in political image

The first fiscal package, Bolojan's gift

The middle of the calendar summer represented a turning point for our country, marked by a tense economic, financial and political climate, which led to the first firm decisions of the Bolojan Government towards stabilizing public finances and...

Photo source: facebook.com/Curtea Constituţională România

Constitutional Court gives green light to new fiscal measures

The Constitutional Court of Romania unanimously rejected, yesterday, the objection of unconstitutionality formulated by several opposition deputies and confirmed the validity of the law on some fiscal-budgetary measures assumed by the Bolojan...

Inflation, elections and fiscal illusions: the quarter in which Romania held its breath

The second quarter of 2025 was, for our country, a tense and decisive period, marked by dramatic political transitions, acute budgetary pressures and economic measures with a profound impact. Against the backdrop of a turbulent political climate...

After the elections, the same parties, increased taxes

Political negotiations to shape a governing coalition were the constant of the first 22 days of June, a period in which the leaders of the PSD, PNL, USR, UDMR and those of the National Minorities Group discussed intensively at the Cotroceni...

Daniela Dărăban, executive director of ACUE, told us: "The estimates indicate an increase for household consumers who benefited from the ceilings of 0.68 and 0.80 lei/kWh. These ceilings did not reflect sustainable values, being well below real market costs. For example, a household consumer paid around 60 lei for a consumption of 90 kWh/month."

ACUE: "Not all bills will increase in the coming period”

The return to the liberalized electricity market should not be recorded as a shock for consumers, especially since the state will continue to support vulnerable consumers and especially since not all bills will register increases, according to...

The electricity bill is blinding. Illustration by MAKE

Factura la curent îþi stinge lumina ochilor. Ilustraþie de MAKE

With the return of the electricity market in our country to free market status, with the termination of the cap-compensation scheme on July 1, consumers will directly feel the market variations, and for many of them, the energy bill could become...

Radical reform proposed by Claudiu Năsui: 13 budget cuts with major impact

At a time when part of the political class would like to resort to tax increases to recover the budget deficit, MP Claudiu Năsui (USR), former Minister of Economy, Entrepreneurship and Tourism in the Cîţu government, states in a post on his...

The business environment is currently opposed to any tax increases

Maintaining the flat tax rate, reducing tax evasion, simplifying and debureaucratizing administrative processes, reducing state spending and accelerating the absorption of European funds are the requirements of the business environment in our...

Photo source: facebook capture / George Simion

George Simion admits: electoral promises were built only for "media impact"

George Simion, the AUR and POT candidate for president of Romania, admitted on Tuesday evening, in an interview with Digi 24, that his promise to offer one million apartments at 35,000 euros for homeless Romanians was a political marketing...

First quarter in numbers

• January 1

The battle for Cotroceni against the backdrop of the crisis: deficit of 2.3% of GDP and the threat of a "junk" rating

Romania's entry with land borders into the Schengen area, one of the most important diplomatic achievements of the beginning of the year, was quickly overshadowed by a series of events that strained the country's political, social and...

February in numbers

• February 1

Ten years of presidency ended with a resignation

Ten years of presidency ended with a resignation, with Klaus Iohannis thus ending his two terms not in glory, but in disgrace. On February 10, the former president announced his resignation in order to avoid a political crisis generated by the...

The Presidency of Klaus Iohannis - tragedies, crises and political decline

Klaus Iohannis is leaving Cotroceni today. Definitively, following his resignation, after having served two full terms as president of the country, plus an almost two-month extension granted by the Constitutional Court. Iohannis is leaving...

Bogdan Chiriţoiu said: "The energy market must be able to function normally, without capping. Energy prices are now stabilized compared to those existing a year and a half ago, and under these conditions, the Government should withdraw the exceptional measures from the market. However, I believe that we must look carefully at vulnerable consumers, to determine exactly who they are, but also at the industry, its needs, at energy-hungry companies, whose activity may be negatively impacted by the lifting of the cap, companies that could lose their competitiveness due to the abandonment of this exceptional measure".

Chiriţoiu: "The takeover of E.On Romania assets by the hungarian company MVM will end up on the table of the CSAT"

The transaction through which the Hungarian company MVM wants to take over the assets of E.On in our country will end up on the table of the Supreme Council for National Defense, said Bogdan Chiriţoiu, president of the Competition Council,...

AFEER: "The extension of the price cap will lead to the collapse of the energy system"

The Association of Electricity and Gas Suppliers of Romania (AFEER) calls on the authorities to respect the legal deadline for the liberalization of the electricity market, stability for April 1, 2025, warning that any extension of the price cap...

"The final consumer's bill will be indirectly affected by the introduction of the pillar tax"

Reporter: How did 2024 end for energy suppliers, and what are the prospects for 2025?

Instability and reforms: the image of the Parliament, at the end of the 2020-2024 legislature

The Parliament established following the 2020 elections ends its four-year mandate today, a period that can be characterized as one marked by major crises such as the Covid-19 pandemic, the energy crisis following the war in Ukraine, political...

Marcel Ciolacu stated: "We have, for the first time, over 1.5 million employment contracts at this salary level, 500,000 more than when I took office."

Marcel Ciolacu presented a positive balance sheet of the government; from the data presented he omitted the increase in the budget deficit

The balance sheet of his own government is a positive one, Prime Minister Marcel Ciolacu claimed yesterday, at the end of the government meeting, in a press statement in which he presented the main achievements of his mandate. Unfortunately, the...

Bad news for household consumers: gas bill to increase from January 1, 2025

The Association of Electricity and Gas Suppliers in Romania (AFEER) draws attention to a 10% increase in natural gas bills for household consumers, starting January 1, 2025, if Parliament does not quickly adopt a legislative amendment. The gas...

Balancing the energy market: the impact of volatile prices on bills

The publication by Transelectrica of the prices regarding the energy balancing market displeased the electricity suppliers, who found that, although they sell a megawatt (MW) for 400 lei, they have to pay a balancing price of 1890 lei/MW. Among...

Ostrich-camel Ciucă-Ciolacu. (Graphic by MAKE)

A comparison between the government of Ciucă and the government of Ciolacu; common mistakes

The PSD-PNL coalition has given two governments since December 2021, Ciucă and Ciolacu, whose results are similar, with identical governance mistakes, although the leadership was different. Because both the PSD in the August 24 Congress and the...

Marcel Boloş, the Minister of Finance, declared, in the press briefing that took place after yesterday's meeting: "It is an extremely complex package of measures that concerns the business environment and public spending of the state". (Photo source: facebook / Marcel Bolos)

Tax amnesty - what measures did the Government approve yesterday for bad payers and how will correct taxpayers be rewarded

Companies and natural persons who pay their outstanding main debts to the state budget by August 31, 2024, will benefit from the cancellation of the ancillary debts calculated for the payment obligations, according to the emergency ordinance...

USR parliamentarians campaign for zero taxes for the minimum wage on the economy, and for progressive taxation according to certain levels of this income.

Amending the Fiscal Code, on the list of legislative priorities of the new parliamentary session

Amending the Fiscal Code, without introducing new fees and taxes and without increasing the existing ones, amending the single salary law in the budget system in order to fulfill the reform included in the National Recovery and Resilience Plan -...

Business Insider: Why are negative energy prices more common in Europe?

• Europe has made substantial investments in green energy infrastructure to reduce dependence on Russian gas, according to Insider

Ciolacu: "I want to go to Cotroceni, but I don't have any program for now"

Prime Minister Marcel Ciolacu does not have a plan, not even one copied from the Simion Plan or inspired by the Kamala Harris Plan, for the development of our country in the coming years, but only now is he trying to bury it by appealing to...

A comparison between George Simion's program and Kamala Harris' program; what AUR wanted in the beginning and what it wants now - differences and adaptations

After the American vice president Kamala Harris presented at the end of last week her economic program as a candidate for the position of the president of the USA, we wonder if what is called the Simion Plan still looks like a utopia - as...