The government freezes gas prices despite EC requirements to liberalize the market
Thursday, February 4, 2010
Romanian authorities are compelled, according to EU standards, to liberalize internal gas prices starting this year. Currently, gas prices for Romanian consumers are the cheapest in Europe, at 50% of the EU average. Due to social pressures, the Romanian government ignores EU pressures regarding the liberalization and urged the National Authority Regulating the Energy Sector to freeze prices. The liberalization of the gas market was due for January 1, 2009 after Romania received a ...