Energy Price Deregulation Must Happen Quickly, President Says

05.19.2011 By Florentina Dragu

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.

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.