Following discussions led by Prime Minister Ilie Bolojan at Victoria Palace, the Executive decided that the state of emergency will be established for an initial period of six months, with the option for three-month extensions if necessary.
According to a press release from the Government, “It was decided that the Government will adopt an emergency ordinance tomorrow, declaring a crisis in the crude oil and petroleum products market. This ordinance will establish measures to protect the economy and the population during this crisis. During the crisis, these protective measures will be in place for six months, with possibilities for successive extensions lasting up to three months, as long as the circumstances warrant it.”
The government will implement several protective measures
Additionally, during the crisis, the government will implement several protective measures, including limiting price markups, controlling exports and imports, and reducing the amount o...

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