Romania – new changes to the renewables incentives scheme

Romania implemented a support system for renewable energy based on green certificates (GCs) granted free of charge to producers of electricity from certain renewable energy sources (hydropower <10 MW, wind, solar, biomass, landfill gas and sewage treatment plants), and an obligation imposed on...

Monetary policy updates by the National Bank of Romania

Following (mainly) a rise of the inflation (which exceeded expectations by reaching 3.32% in December 2017), but also in view of the accelerated economic growth driven by strong household consumption (amongst others), on 8 January 2018, the Board of the National Bank of Romania (NBR) decided…