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For more than 10 years, the EU structures have been unable to agree on regulations on new measures to protect air passengers, which forced the airlines on November 25 to appeal to the EU transport ministers with an open letter, in which they called for a 6-month suspension of attempts to approve new measures, and during this time once again carefully analyze all possible consequences, – reports Logos Press.
The International Monetary Fund will provide Ukraine with $8.1 billion as part of a new cooperation program for the next four years, Logos Press reported.
The International Monetary Fund and the Ukrainian authorities have reached an agreement on a new 48-month Extended Fund Facility (EFF) program worth about $8.1 billion (SDR 5.94 billion, or 295% of the quota), Logos Press reported.
The European Commission has unveiled a Digital Omnibus plan to simplify the EU’s sweeping IT regulations, Logos Press reports.
With the liberalization of the market on July 1, Romania’s electricity prices have risen significantly, leading to inflation, reduced purchasing power, relocation of industries and increased social vulnerability, Logos Press reported.
Romania ranks 17th in the world in total wine consumption, Logos Press reported.
Bitcoin has fallen 8% in the past 24 hours, with traders losing about $1 billion on long investment positions in an hour of the crypto market’s sharp decline, Logos Press reported.
The sanctions imposed by the United States against two major oil exporters, Rosneft and LUKOIL, have led to a sharp drop in oil prices for Russia’s benchmark Urals oil to $40 per barrel and below, Logos Press reports.
U.S. oil company Exxon Mobil said it is considering options to acquire some of the international assets of Russian oil giant Lukoil, which has been hit by U.S. sanctions, Logos Press reported.
Due to discounts on goods, Russian marketplaces underpaid 1.5 trillion rubles in taxes to the budget in 2025, and the activities of such platforms are increasingly outside the bounds of fair competition, according to Logos Press.
Natural gas supply contracts between Turkey’s state-owned BOTAS and Russia are set to expire at the end of this year, but negotiations for a new contract have yet to be heard of, creating worrying uncertainty in the country’s market,” Logos Press reported.
The Romanian economy in 2025-2026 will face modest growth, high inflation and a serious test for fiscal credibility, Logos Press reported.
