Romanian Energy Price Deregulation Must Happen Quickly, President Says

Romania's government must establish “very quickly” a calendar for price deregulation in the energy and natural gas sectors to allow an adequate inflation targeting at the central bank, President Traian Basescu said Thursday.

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Speaking at an economic seminar organized by financial daily Ziarul Financiar, Basescu pleaded for a swift schedule regarding price deregulation.

He said the authorities should organize a public debate to choose between a gradual and a fragmentary deregulation.

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