PM Dancila respects the government program – adopts the budget and does not run for European Parliament

Prime Minister Viorica Dăncilă said that the government will adopt the budget on February 8. Until then the issues that dislike the mayors even though he considers that he can not thank everyone but it is essential that the decisions be correct and that to operate internally and at European level. The prime minister also said she did not consider her candidacy for the European Parliament elections because he assumed the implementation of the government program.

Source: Mediafax

Klaus Iohannis rejected the third proposal to appoint Lia Olguta Vasilescu to the Ministry of Development

President Klaus Iohannis said in his letter to PM Dăncilă that, analyzing the activity of the proposed person, as it appears from the documentation submitted, he rejects the proposal to appoint Lia Olguţa Vasilescu as the Minister of Development for the third time, claiming that she does not have the necessary specialized training in any of the areas of activity of the ministry for which it is proposed.

Source: Digi 24

Tudose: GEO 114/2018 is not applicable

Mihai Tudose, the former prime minister, considers that OUG 114 on greed is inapplicable, and the reason why the budget is delayed is due to lack of money. Also, the ruling coalition believes that the normative act needs to be changed

Source: Agerpres

BSOG announces that it approved the $ 400m investment from the Black

Black Sea Oil & Gas (BSOG) has made the decision to invest in Black Sea gas production, although he has strongly criticized recent government measures, but relies on the fact that he will be able to eliminate taxes and contributions and restrictions on sale of gas. Referring to the BSOG announcement, Energy Minister Anton Anton welcomes the company’s decision.

Source: Hotnews

Ch. Verchere: We need fiscal stability, free market and infrastructure, for the Black Sea project

OMV Petrom postpones whether to invest in Romania to remove natural gas from the Black Sea, blaming the authorities, such as capping prices and introducing new taxes. The company estimates that profitability will fall by up to € 50 million due to them and, as a result, significantly cuts investment this year. OMV Petrom mentions that the main issues affecting its activity include the setting of regulated prices for natural gas and electricity over a period of three years, as well as the increase in the financial contribution to the turnover of natural gas and electricity activities.

Source:Ziarul Financiar

ANRE approved the three-year blockade of the energy price to households

The Regulatory Committee of ANRE approved today, 06.02.2019, the Methodology for setting regulated tariffs and the prices applied by final suppliers to final customers. ANRE: „The approved methodology establishes the criteria and rules for the supply of regulated electricity to households as well as for FUI’s last-resort supply.”

Source: Hotnews

JOHAN MEYER, PORTFOLIO MANAGER FP: „ANRE Regulated Energy Prices, a Recipe for Disaster”

Johan Meyer, CEO of Franklin Templeton Investments Limited and Portfolio Manager of Fondul Proprietatea, said that the recently adopted order by the National Regulatory Authority for Energy (ANRE) on regulated energy prices will reduce state revenues and investments, distorting the market in our country.

Source: Bursa