AcasăEurope NewsPM Ciolacu: Had we not intervened to cap energy prices,Romania would have...

PM Ciolacu: Had we not intervened to cap energy prices,Romania would have had inflation beginning with 3

Published on

Prime Minister Marcel Ciolacu said on Monday that the state intervenes when a cartel is created on the market, and if the Government had not intervened „on the energy cap,” Romania would have had an inflation „beginning with 3.”

He was asked how he commented on the fact that the liberals are opposed to capping the trade surplus at 20% for Romanian food.

„I don’t think so. Maybe the whole concept is not well understood. That concept was implemented in France, on the same logic, so that domestic producers would be protected. We don’t have a majority retail system with Romanian capital, which has happened, for example, in Poland, and then you have to look for solutions to protect the local producers, because retail can impose certain additions. (…) I believe that when certain surcharges are lower for imported products and higher for domestic products, and then domestic producers must close down because they are no longer competitive, but not because of the production price, but because of the selling price on the shelf, then the state has the obligation to intervene,” said Ciolacu after visiting the „16 Februarie” Market in Bucharest.

He added that if the Government had not intervened on the energy cap, Romania would have had inflation „beginning with 3.”

„I’ll say it again. Remember when I came out with the energy price cap? There was a philosopher at the time prime minister who said that I am destroying the competitive market, the economy. If I hadn’t intervened then with Mr. Ciuca on the energy cap, Romania would have had an inflation rate beginning with 3. The state intervenes when a cartel is created on the market and at that moment the Competition Council can intervene and, to be quick, the state intervenes and then the market adjusts,” said Ciolacu.

AGERPRES

Latest articles

Tobacconists, alcohol sellers, obliged to request ID verifying buyer is major

At a plenary sitting on Wednesday, the Chamber of Deputies passed a bill under...

Elena Lasconi elected USR chairperson

Popular Campulung Muscel mayor Elena Lasconi emerged as the new chairperson of the opposition...

Justice minister welcomes approval of bill to set up detox and rehabilitation centers for drug addicts

Justice Minister Alina Gorghiu on Wednesday welcomed the adoption by the Chamber of Deputies...

Euro trades at 4.9769 RON

The exchange rate of the national leu currency resulting from the quotations announced on...

More like this

Tobacconists, alcohol sellers, obliged to request ID verifying buyer is major

At a plenary sitting on Wednesday, the Chamber of Deputies passed a bill under...

Elena Lasconi elected USR chairperson

Popular Campulung Muscel mayor Elena Lasconi emerged as the new chairperson of the opposition...

Justice minister welcomes approval of bill to set up detox and rehabilitation centers for drug addicts

Justice Minister Alina Gorghiu on Wednesday welcomed the adoption by the Chamber of Deputies...