Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Romania fires Duro Felguera from Iernut power plant over insolvency, stalling project.

flag Romania's Energy Minister terminated the contract with Duro Felguera over the nearly complete Iernut power plant, citing the company's insolvency and legal issues. flag The project has been stalled for years, and the move opens the possibility of a new contractor. flag Meanwhile, wage growth in Romania has been outpaced by inflation, with real wages declining and forecasts predicting further erosion, potentially leading to frozen public wages and pensions in 2025–2026. flag The country also faces a negative credit outlook amid economic challenges and a recent €578 million EU state aid approval for energy-intensive firms.

3 Articles