Romania's President sends bill on energy price' cap and subsidy' scheme back to lawmakers

President Klaus Iohannis returned the Parliament for further review the draft law that includes the latest amendments to the electricity and natural gas legislation.

He claims that "some of the provisions newly introduced [...] are likely to generate dysfunctions and imbalances in implementation and therefore need to be reconsidered by the Parliament," Profit.ro reported.

According to the Presidency's request, "the result of this process, in relation to the number and extent of the interventions to update the basic normative act, is the establishment of a complicated mechanism, susceptible to interpretations and deficiencies in implementation, and which no longer responds, to a reasonable extent, to the requirements regarding transparency and predictability or those regarding efficiency and promptness in implementation."

(Photo source: Presidency.ro)