The war is also dull and well hidden: the government removes the cap on gas prices

The Ministry of Finance has withdrawn from the site the proposal to limit the price of gas, according to which the value of a MWh would have frozen at 55 lei by the middle of 2021. Minister Eugen Teodorovici has confirmed that the withdrawal was not due to technical errors, but declined to comment on the decision or to justify the withdrawal of the project.

Shortly before, Fondul Proprietatea had issued a press release in which it expressed its tranquility against such a measure.

"In the event of adoption, the Government flagrantly violates the national legislation in force as well as the obligations assumed by Romania as a Member State of the Union. European Union to observe the principles of the free market and liberalize the natural gas market.This measure will have a very damaging impact on the economy and the attractiveness of the market for investors, which will discourage foreign direct investment in the country.Energy independence of Romania will be compromised, and the country could be based on external sources of natural gas at higher prices over which the government will have no control " , said Fund officials, "As financial investors, we are very surprised and worried that the government can eliminate sponges for years when it has built its credibility to the international community in a single decision. Romania and international institutional investors have invested in the Romanian capital market in good faith in companies such as Romgaz and OMV Petrom to see the value of these investments destroyed by the government (…) The arbitrary ceiling of gas prices would throw Romania into the past, as the Ministry of Finance's project hampers the entire process of liberalization that has taken place over a few years and threatens any future investment in the Black Sea, essential for the energy independence of the Romania, "said Johan Meyer, CEO of Franklin Templeton Investments Limited and portfolio manager of Fondul Proprietatea, quoted in the release.

The original sole shareholder of Fondul Proprietatea was the Romanian State. The shares issued by Fondul Proprietatea were transferred, free of charge, to the holders of securities issued on the date of the formation of the Fund, the subs compensated by the decisions rendered after the creation of Fondul Proprietatea. At present, the shareholding structure is primarily foreign, with the largest shareholder being New York Mellon Bank and the Fund's investment manager, Franklin Templeton Investment Management Ltd., in the United Kingdom.