On Friday, at the government meeting, the ordinance providing for the amendments made to GEO 114 was read, which includes the beginning of the calendar of re-liberalizing the energy market over six months.

The Government will resort to assuming its responsibility in Parliament for repealing some provisions of the controversial Emergency Ordinance 114, provisions considered harmful to the economy.

The modification of the ordinance is the main theme of the extraordinary meeting of the Executive, so that next week the project can be sent to the Parliament, together with the request for commitment of responsibility, according to Radio Romania.

The government wants to eliminate energy taxes, communications and the banking system, the conditions related to Pillar II of pensions and to end the Sovereign Investment Fund.

However, the minimum wage in construction will be kept at present value.

“The good news is that today, at the Government meeting at 5:00 pm, a first reading of the ordinance will be given with the elements that we will change from Ordinance 114 and the capital requirements for the Pillar II system for pensions introduced by Ordinance 114 will be eliminated. And that option to move from Pillar II to Pillar I, to which only 504 people joined, will be eliminated. The rest will be during the next year,” said the Minister of Finance, Florin Cîţu, according to Agerpres.