Drought may lead to energy price rise

Hot days forecast for 2007 and the lack of rain may lead to an increase in the electricity prices as well as to problems in Romania's trade balance, Economy and Finance Minister Varujan Vosganian told an environment seminar, on Monday. 'Any electricity producer which requests a price increase must thoroughly justify the request, because we want to keep the electricity price below the 2007 inflation rate,' Minister Vosganian said. However, Vosganian believes that 2007 will be a ...

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