Niculescu: ANRE is not considering introducing a new tax for prosumers
The National Regulatory Authority in the field of Energy does not have in mind any plan to develop a regulatory…
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Greek gov’t offers farmers cheap electricity to persuade them to stop protests
Greek Prime Minister Kyriakos Mitsotakis offered farmers the opportunity to benefit from lower electricity bills for the next ten years,…
New carbon tax in construction and transport would induce chain price increases
During the past week, a delegation of the International Monetary Fund (IMF) that visited Romania proposed to the Government the…
Study: Oil and gas sector pays rising taxes to budget
A new study notes a significantly disproportionate evolution of taxation specific to the oil and gas sector for the period…
CE: Bulgaria will evaluate where the tax revenues from the transfer of Russian gas will be directed
The European Commission has been notified of Bulgaria’s recent gas supply measures. “We are in contact with Bulgaria and other…
Raffel: E.ON is one of the big taxpayers, it paid around 370 mln. euro in 2022 to the budget
Last year, E.ON Romania paid 1.8 billion lei (about 371 million euro) to the state and local budgets, 80% more…
Spain: Repsol challenges in court the new tax on the exceptional profits of energy companies
The Spanish group Repsol will contest in court the new tax introduced by the Madrid authorities on the exceptional profits…
Spain and Portugal impose extra charges on energy companies, banks and retailers
Spain’s Senate has given final approval to taxing banks and big energy companies extra for excess profits, a measure aimed…
Energy Minister: Prosumers will not pay new taxes
Prosumers will not pay new taxes, as circulated in the public space, and the emergency ordinance referred to in media…
ANRE demands new taxes from companies in the gas and electricity sector
A new order of the Energy Regulatory Authority (ANRE), recently published in the Official Gazette, introduces several new categories of…
Cristian Păun: We need to reduce diesel taxes
Economic analyst Cristian Păun supports the need to reduce excise duties on diesel, according to a position on the social…
ECB may have to intervene if energy prices continue to rise
European Central Bank (ECB) may have to intervene if energy prices continue to rise to curb inflation, Isabel Schnabel, a…
Minister of the Environment: In 2022 there will be no car, environmental or first registration tax
No new taxes will be introduced in 2022, and this means that there will certainly be no new car tax,…
Concordia: Romania’s budget cannot be based on exorbitant taxes imposed overnight
The additional taxation of those that already pay taxes, called by the representatives of the governing coalition “of solidarity”, appeared…
New emission test leads to higher average motor vehicle tax in Germany
The implementation of new emissions tests for cars has led to a large increase in average vehicle tax for newly…
Lower taxes for diesel cost Germany up to 7 bln. euro in 2019
The lower taxation of diesel fuel in Germany cost the country billions of euros in 2019, newspaper Rheinische Post reports.…
VW set to pay EUR 4.5 bln. in EU fines for excessive emissions
Volkswagen, the world’s largest carmaker, will significantly exceed EU fleet emission limits in 2021 regardless of its ambitious push into…
Petrom paid the Romanian government 30% more taxes in 2018
The taxes paid by Petrom last year rose substantially from those in 2017, both as a result of higher profits…
Effects of prime minister appointment delay: over-excise, SCT are out starting January 1
Among the effects of postponing the designation of the Romanian Prime-Minister by President Klaus Iohannis one can count the future…
Sweden to scrap taxes on solar energy in 2017
Sweden is set to ditch taxes on its production of solar energy in 2017 in a bid to run entirely…
Varinia Radu / partner CEE, Head of Oil and Gas, Deputy CEE Energy Coordinator CMS Cameron McKenna
Oil and Gas in Romania: practical hurdles of a growing industry The oil and gas industry is vital due…