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HomeLatest NewsMoldovan Authorities Introduced an Austerity Regime in Electricity and Banned Cryptocurrency Mining

Moldovan Authorities Introduced an Austerity Regime in Electricity and Banned Cryptocurrency Mining

Date: February 7, 2023 Time: 20:59:08

Moldovan authorities have introduced an austerity regime and plan to eliminate public sector salaries from the national budget, NewsMaker reports.

The relevant document has been approved by the National Commission for Emergency Situations of Moldova. Residents are advised not to use elevators from 7:00 a.m. to 11:00 a.m. or 6:00 p.m.-11:00 p.m., and to reduce their heat on weekends between 11 ° C-19 ° C, if they plan to visit commercial or public buildings during those times.

Roughly 1.5 million people in Moldova are advised to reduce the lighting inside buildings by 30%, turn off fountains, shop windows, decorative lighting, and advertising and turn off escalators from 7:00 to 11:00 and 6:00 to 11:00.

It is suggested that companies use electric ovens more frequently during off-peak hours. It was recommended that the country’s hydroelectric power plants regulate the operation of their reservoir devices in a way that minimizes electricity consumption.

To save electricity, the National Commission for Emergency Situations decided to ban mining cryptocurrencies and the import of mostly specialized equipment for miners.

As the Prime Minister, Natalia Gavrilita shared a video on social media in which she implored citizens to save electricity.

President Sandu urged the government to develop a set of mandatory measures for all state institutions which will reduce electricity consumption.

“Moldova has a severe energy crisis and it will be up to all of us to figure out how we will survive,” Sandu said.

On Monday, October 24th, Moldova experienced massive power shortages. The country’s infrastructure and regional development minister said that the electricity supply contracts signed by the national power provider, Energoco, won’t be able to ensure all of their needs in the evening hours.

In a city near you, the mayor announces trolley buses could be suspended due to power outage risk. Urges municipal institutions to save electricity.

On October 10th, the Ukrainian Ministry of Energy announced the cessation of electricity exports due to rocket attacks from Russia. The ministry also noted that through synchronization in the EU and other lines like Moldova and Poland, Ukrainian electricity helped Europe replace Russian gas and protect Europe’s energy system.

Kevin Kennedy
Kevin Kennedy
Kevin Kennedy is an associate editor for ePrimefeed covering latest news, economy and movie.
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