Chairman of the Social Democratic Party (PSD) Marcel Ciolacu announced today the completion of the package of measures intended to stop the rise in electricity and gas bills, of which he mentioned a lower cap on tariffs, the doubling of eligible monthly consumption volumes and a VAT cut from 19 to 5 percent.
"Today, the PSD has finalized the package of measures that can prevent the rise in electricity and gas bills. We have lowered the tariff cap, doubled the eligible monthly consumption volumes and reduced the VAT from 19 to 5 percent. This way, over 90 percent of household and corporate consumers will benefit from a cut of the bills issued after February 1, for January. Schools, hospitals, public transportation companies, cultural institutions, NGOs are also in for support. These measures are applicable starting February 1, because we are in the middle of winter, in the months of top energy consumption, and Romanians now need help the most," Ciolacu wrote on Facebook.
He added that the PSD also proposed a set of solutions to discourage speculative behavior by energy companies and short- and medium-term measures to solve the structural issues of the energy industry.
"We will present these measures within short in the coalition meeting, in hopes that our partners will quickly understand that the Social Democrats' solutions are simple, efficient and with a minimal impact on the budget. Romanians await from us responsibility, not sterile squabbling and philosophical ramblings on TV," Ciolacu concluded.