Romanian Senate Approves Bill to Change Mobile and Internet Bill Calculation Formula

In a significant move to protect consumers, the Romanian Senate has passed a legislative project that will fundamentally alter how telecommunications bills are calculated. Henceforth, for subscriptions priced in foreign currency, such as Euros, the final bill issued in Romanian lei must strictly adhere to the National Bank of Romania's (BNR) official exchange rate for the preceding business day. This means no more arbitrary markups or hidden fees tacked on by providers. This legislative action, reported by Agerpres and covered by publications like Adevărul, addresses long-standing consumer grievances regarding the fluctuating and often unfavorable exchange rates applied by providers. The aim is clear: to bring transparency and fairness to billing practices in the digital age. The bill now moves to the Chamber of Deputies for final decision, but the Senate's approval marks a crucial step towards safeguarding the purchasing power of Romanian citizens. This change is particularly relevant in Romania, where many services are priced in Euros, and consumers have felt vulnerable to the whims of currency fluctuations and provider discretion.

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for subscriptions, the bills will be issued in lei at the BNR exchange rate, without additional margins, surcharges, or commissions.