Romanian minister: Budget apparatus and public spending are an elephant crushing us for two years Romanian PM Emil Boc and Finance minister Sebastian Vladescu made a series of statements before the Senate on Tuesday explaining the austerity measures pushed by the government, including an emergency ordinance increasing VAT from 19% to 24%. Minister Vladescu compared the budget apparatus and public spending with an elephant "overfed" by previous governments and which "is crushing us for two years".
Sources: Tensions high within governing Democratic Liberal Party prior to reshuffling The leadership of Romania's governing Democratic Liberal Party (PDL) faces increasing tensions before September 1, the deadline set for a government reshuffling. A new scandal broke during a party leadership meeting on Monday night, where two top representatives got involved in a tense argument on the issue of state-owned shares in Petrom oil company. According to HotNews.ro sources, the subject of a government reshuffle was discussed quickly as PM Emil Boc promised a meeting on the issue with PDL MPs before September 1.
PM Boc: National Agency for Integrity law does not belong to a party, but to country Romanian PM Emil Boc defended the need for a new law on the functioning of the National Agency for Integrity (ANI) - a key body responsible with keeping in check the wealth of public officials - to be transparent. He said before the Senate on Tuesday that the ANI Law is a law for Romania and in favor of transparency when it comes to the wealth of officials, as it did not belong to a party or to the government, but to the country.
How the wealth of Senators from governing Democratic Liberal party rose during crisis Senators are returning from summer holiday on Tuesday to vote in an extraordinary session on the controversial law on the functioning of the National Agency for Integrity, so far a key body keeping in check the wealth of elected officials. The law would come into force soon, should it be approved by the Senate. To prove their transparency, a group of 36 Senators from the governing Democratic Liberal Party have posted their wealth statements publicly.
Ten Democratic Liberal senators expected to resign and form new independent group. Party dismisses allegations Ten Romanian senators representing the governing Democratic Liberal Party (PDL) allegedly plan to resign from the group and form, in a first step, a new group of independent senators, parliamentary sources quoted said on Friday, as quoted by news agency Mediafax.
Traian Basescu warns the opposition: your motion might pass and I might call you to form the government 
President Traian Basescu declared on Friday, in an interview for HotNews.ro that he will not have any trouble offering the government to the opposition if they come up with a credible program and if the motion of censure passes. The President declared that leaders of the party that endorse the idea to suspend the President risk to have another surprise, just like in 2007 when the President was suspended but was re-instanted by the people through referendum. 
PSD, PNL, PC leaders decided to align against the Basescu - Boc governance 
Leaders of the opposition met on Monday in the Parliament to discuss the opposition's strategy for the extraordinary session called by President Basescu. Social Democratic Party President Victor Ponta announced that he will meet other opposition leaders to set up a strategy for the extraordinary session of the Parliament. The meeting was called by the Conservatives honor president, Dan Voiculescu. They declared after the meeting that they have common point of views regarding the agenda of the extraordinary session. They claim that they will elaborate a common strategy to remove the Basescu - Boc government. 
Economy minister Adriean Videanu: the government, overall, is perfect 
Romania's Economy minister Adriean Videanu declared in an interview for the weekly Revista 22 that the government, overall is perfect and a reshuffle is necessary but at the right moment. He said that the reshuffle of the government is called for only when a new economic relaunch program is called for. 
IPP survey: 65% of the Romanians might vote a referendum to dismiss Traian Basescu 
A survey set up by the IPP Data Research, the sociological research department of the Institute of Public Policy reveals that 65% of the Romanians would vote to dismiss President Traian Basescu if a referendum is organized. The decision to suspend the President can be decided by the Parliament through a majority vote of the Parliamentarians. Following, in 30 days, a referendum is organized to decide whether the President remains in function or not. In the last month there were several declarations from the Opposition about the possibility to initate new procedures to suspend the President. 
Elena Udrea named interim President of PDL Bucharest 
Tourism and Regional Development minister, Elena Udra was named Interim President of the Bucharest Democrat Liberal branch, the deputy President of the party, Gheorghe Flutur declared, Romanian news agency Mediafax informs. The decision was taken after Liviu Negoita announced that he will not run for President of the Bucharest branch. 
Social Democratic opinion leader Viorel Hrebenciuc gives up his position as chief of the PSD group within the Chamber of Deputies 
Leader of the Social Democratic party (PSD) Viorel Hrebenciuc announced on Thursday that he will give up the leadership of the PSD group within the Chamber of Deputies. Hrebenciuc confirmed that he will give up the position after PSD President Victor Ponta announced it at the Antena 3 news television. HotNews.ro sources claim that the withdrawal is directly connected with the PSD failure regaring the Constitutional Court judges.
Romanian Senator rejects president's accusations of acting against national interests in National Integrity Agency case Romanian Senator Gyorgy Frunda of the Hungarian Democrats group (UDMR) rejected in an interview for Radio France Internationale Romania on Friday the accusations made by President Traian Basescu on Thursday that he acted against the interests of Romania when he supported changes to a law on the functioning of the National Integrity Agency (ANI). The Senate recently adopted the changes supported by Frunda, which have been criticized for stripping ANI - a key body in the fight against corruption, charged with keeping in check the wealth of public officials - of most of its powers.
Opposition senators' notice on 25% cut in public sector salaries, rejected by Romanian Constitutional Court The Romanian Constitutional Court rejected today a new notice put together by 40 opposition senators against an article featured by the new Law addressing the achieve of balance in the state budget, which entails a 25% cut in salaries in the public sector
Eurostat: Romania granted 6,000 citizenships in 2008. 5,000 went to Moldavians 5,590 foreigners became Romania citizens in 2008, according to latest Eurostat statistics. Most citizenships went to Moldavians, namely 4,967. It's worth mentioning that the period of time included in the European statistics is before Romania passed the new citizenship law and setting up the centres for receiving citizenship request files, opened especially for Moldavians. At the same time, 2,857 Romanians gave up their original citizenship in favour of becoming Italian and 5,535 Romanians gave it up for the Hungarian citizenship.
The fifth IMF instalment goes today to the National Central Bank The fifth instalment from Romania's stand-by agreement with the International Monetary Fund (worth of 913) will be send today, July 7, to the Romanian Central Bank's reserve. BNR representatives this will make foreign investors trust more the Romanian economy​
Trichet opposes Romanian Finance proposal. Central Bank cannot be forced to donate 25% of their income for Budget recovery The European Central Bank (ECB) rejected, as expected, the proposal coming from the Romanian Finance Ministry addressing the 25% cut in salary for the Central Bank employees. The Finance Ministry's request sparkled discussions in the Romanian Central Bank (BNR), where employees were expecting to be forced "to donate: 25% of their incomes to hell the recovery of the state Budget. "On June 18 2010, the ECB received from the Romanian Public Finance Ministry a request to issue a note addressing a law regarding certain necessary measures for the budget balance. The ECB was not consulted and, on June 9 2010, the ECB sent a letter to the Romanian Government, drawing attention on the duty to consult the ECB", the European Central Bank document shows.
IMF raised the inflation target for Romania after authorities increased the VAT The IMF managing Council approved the rectification of the inflation rate for 2010 set by the stand-by agreement with Romania, namely from 3.5% to 7.9%, after Romanian authorities raised the VAT from 19 to 24%, IMF chief of mission to Romania Jeffrey Franks told Romanian news agency Mediafax.
Nine Romanian NGOs protest Senator's position stripping National Agency Integrity of its powers Nine Romanian nongovernmental organisations issued a harsh attack on Thursday on the position of Hungarian Democrat (UDMR) Senator Gyorgy Frunda, who had proposed a set of amendments on the law for the functioning of the National Agency for Integrity (ANI), a key body supervising the wealth of public officials and an instrument in Romania's fight against corruption. The amendments stripped ANI of much of its powers.
US Ambassador to Romania: I am disappointed with ANI law. Senator Frunda failed to convice me that the President was wrong US Ambassador to Bucharest Mark Gitenstein says he is disappointed with how the Romanian Senate changed a law on the National Integrity Agency (ANI), the main body keeping in check the wealth of public officials in Romania. The recent changes stripped ANI of much of its powers to provide transparency and contribute to the fight against corruption.
Romanian Constitutional Court publishes the reasons on austerity measures decisions The pension's ratio, set by the contribution principle, is a won right. Therefore, reducing the pension cannot be accepted, not even temporary. This is how the Romanian Constitutional Court motivates its decision to declare the law draft addressing the 15% cut in pension unconstitutional. This cut in pensions was part of the austerity measures' package for which the Boc Cabinet took responsibility in the Parliament.


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