Romania puts on hold, considers revising plans for fuel price regulations

Update: The emergency ordinance on the fuel crisis will be adopted at the government’s regular meeting on Thursday, according to a statement issued by the executive and cited by Agerpres.

Meanwhile, on Wednesday, prime minister Ilie Bolojan held consultations with employers and trade unions on measures to support the population and economy amid rising fuel prices. He said the government plans to share costs between the state, businesses, and citizens, and will redirect additional VAT revenues from fuel price increases into a scheme aimed at reducing the impact on consumers.