Florentina Cernat

The BRUA gas pipeline is fundamental for the European Commission and it is important for the gas to reach Austria regardless of the route to be decided, European Commissioner for Climate Action and Energy Miguel Arias Canete said on Tuesday in Bucharest.

The Country Report presented by the European Commission that includes Romania in the imbalanced states' category was drafted based on media-provided information and placed in a wrong context, and the European officials often only feign interest in the EU citizens, while seeing to their own interest, Romanian Finance Minister Eugen Teodorovici on Friday told an event organised by the European Co

Not everybody benefits from the sustained economic growth of Romania and poverty among children and in the rural environment increased significantly, European Commissioner for Regional Policy Corina Cretu stated on Friday within the presentation conference of the Country Report for Romania, published by the European Commission on 27 February.

Net investments in the national economy amounted up to 84 billion lei in 2018, increasing by 0.8 percent compared to 2017, according to the provisional data published on Friday by the National Institute of Statistics (INS).

The free-market energy prices for industrial consumers will rise in the next period, but it is very important that consumers don't react emotionally in order to not cause a market slippage, Electrica CEO Corina Popescu told a press conference on Wednesday.

This year's state budget is fragile and unbalanced, since it relies on commitment appropriations which are actually chimeras and mean rolling over payments from one year to another, Florin Jianu, president of Romania's National Council of Small and Medium-sized Private Enterprises (CNIPMMR) told a press conference.

Bucharest, Feb 9 /Agerpres/ - The new Draft Budget Law, posted on Friday night on the website of the Ministry of Finance, provides for a deficit of the state budget of 36.157 billion lei, by 1.3 billion lei higher than in the version the previous one, of 34.857 billion lei.

The Competition Council handed down fines worth a total of 435 million lei (93 million euro) in 2018, this being the second year with the highest fines in the history of the institution, President of the Competition Council Bogdan Chiritoiu told a news conference on Tuesday.

By comparison, in 2017, there were handed down fines worth 123 million lei.

As many as 14,000 business plans had been entered in the Start-Up Nation 2018 application by Wednesday, Minister for the Business Environment, Commerce and Entrepreneurship Stefan-Radu Oprea told a press conference.

"Up until now we have over 14,000 business plans in the system and over 20,000 registered users," Oprea said.

Romania is ready to work at a sustained pace during the negotiations on the future European budget for 2021-2027, so that an agreement to be reached by the end of this year, Minister of Finance, Eugen Teodorovici, said in a release sent to AGERPRES on Saturday.