Opposition leader: We'll submit a censorship motion the moment we've raised 236 signatures Romanian Social-Democratic Party (PSD) leader Victor Ponta declared that the social-democrats are going to submit "another type of censorship motion - a popular motion" the moment they will have raised 236 signatures, Romanian news agency Agerpres informs.
CCR judge on why cutting pensions is unconstitutional: pension is a past phenomenon The cut in pensions is unconstitutional because it regards a past phenomenon, bearing in mind that the current retired have already paid their share while they were still employed, Romanian Constitutional Court judge Ion Predescu.
Romanian Government cuts massively local councils' funds The Romanian Government intends to reduce drastically the quotas reserved for local councils from the revenues brought by the tax on salaries and to axe a large percentage of civil servants roles, as indicated by a Finance Ministry ordinance project to be debated today with local administration representatives.
Parliament gave green light to Proprietatea Fund The Deputy Chamber plenum has approved on June 23 an emergency ordinance for the Government to accelerate the procedures of granting compensations for the residences taken abusively by the ex-communist regime. 264 deputies voted in favour and one against. Following this vote, the Proprietatea Fund will be free to distribute the remaining dividends and could list its shares at the Bucharest stock exchange (BVB).
Opposition leader on National Defence Strategy: Press is, alongside opposition and unions, enemy of the power Social Democratic Party (PSD) leader Victor Ponta commented on Wednesday, June 23, on the conclusions of the recent Romanian National Defence Strategy: "Just in case there was still someone left who thought it wasn't true, here's the confirmation. One of the enemies of this power, alongside opposition and unions, is the press, which fails to understand how it should praise the power".
Finance Minister: Pensions and salaries next year will not see the 2010 level Pensions and salaries in Romania will not be reach their 2010 level next year, Finance minister Sebastian Vladescu declared today, June 23. This did not want to explain his statement, leaving room for interpretations. "They will definitely not reach the 2010 level. I mean their level after cuts", the Finance minister said.
UPDATE: The law regulating the National Integrity Agency was adopted by the Chamber of Deputies  / Wealth investigation committee will be reinstated The Chamber of Deputies modified on Tuesday the law regulating the well functioning of the National Integrity Agency in accordance with the re-examination request sent by President Traian Basescu. The final vote on the normative act will be cast on Thursday, at 12:30 AM, Agerpres informs. UPDATE: The law regulating the National Integrity Agency was adopted by the Chamber of Deputies The Chamber of Deputies adopted on Tuesday the law regulating the National Integrity Agency at 5PM with 201 votes for, 1 against and 11 abstains. The law will move forward to the Senate, which is the decisive chamber.
Government and Central Bank to introduce bank tax. Banks say tax affects clients The Romanian Government is to discuss with the Central Bank (BNR) reps a plan for economic recovery early next week. One of the alleged measures is an additional tax for banks and a new crediting product for SMEs, Romanian Environment and Forests minister Laszlo Borbely declared on Monday, June 17, quoted by Mediafax.
Fitch analyst to Romanian authorities: "Don't let the crisis go to waste!" Restructuring the public sector is an important step to recover to fiscal sustainability, says Fitch manager Douglas Renwick, quoted by Romanian news agency Mediafax.
Hungarian PM: Hungary says "No" to Rosia Montana Hungarian Prime-Minister Semjen Zsolt declared on Sunday during his visit to Alba-Iulia (Central-West) that Hungary wouldn't want to see the mining project from the gold mine in Rosia Montana happening because there is no guarantee for the safety of the environment, Romanian news agency Mediafax informs.
Lib Dems decide today what to do with MPs who voted the censorship motion The Main Romanian governing party, PDL, is meeting on Monday, June 21, starting with 6pm, in an extraordinary session to decide what to do with their own MPs who voted in favour of the censorship motion last week.​
Sources: Head of Democratic Liberals' Bucharest branch interested in withdrawing Sources have told HotNews.ro that Liviu Negoita, the head of the Bucharest branch of the Democratic Liberal party (PDL), was interested in withdrawing as head of the branch. The same sources claimed his place might be taken by top PDL official Elena Udrea, who has dismissed the information, however.
Democratic Liberal Party leader: Government reshuffling may come after a possible new censure motion, restructuring is excluded A possible government reshuffling would be applied only after the opposition Social Democratic Party (PSD) submits a second censure motion as it has announced, while a government restructuring was not an option, Ioan Oltean, deputy head of the governing Democratic Liberals (PDL) said on Friday, quoted by Romanian news agency Mediafax.
Finance minister: Public sector salaries and pensions to be cut in August The 25% axe in public sector salary and 15% cut in pensions are going to come into force starting July, so that the reduced incomes will be delivered staring with August, Romanian Finance minister Sebastian Vladescu, quoted by Romanian news agency Mediafax. Vladescu told reporters from Antena 3 TV channel that "minimum 100,000" more staff working in the public sector need to be dismissed, so that the other employees of the sector could enjoy decent salaries.
Deputies give PM ultimatum: Restructure the Government or lose parliamentary support Deputies met PM Emil Boc on Wednesday and asked for solid measures to restructure and reshuffle the Government. PDL vice-president Ioan Olteanu told the PM that should these measures not be applied, he was going to lose the support of the deputies. Both the senators and the deputies press the PM to restructure and reshuffle the Government. The Lib Dem MPs are to meet on Sunday, in Snagov, with the Boc Cabinet ministers, with regional leaders and President Traian Basescu.
"You've got no idea of the world you're living in" PM accuses censorship motion undersigned Romanian Prime-Minister Emil Boc notified the opposition MPs that they have misedited the censorship motion, elaborating a text which refers to the pensions' law, already approved by the Parliament, and accused them of plagiarism, namely that they copy-pasted solid paragraphs from an article published in the Romanian press.
International press in the Romanian censorship motion The debate on the censorship motion in the Parliament in Bucharest is closely followed by the international press, analysing the political situation in Romania through the perspective of foreign investors. It is noted that the investors' uncertainty over Romania's capacity to implement the reforms have led to an increase in price for the guarantees of the Romanian state debts - the highest in Europe, after Greece.
The Opposition plans to vote for the motion against the governing coalition Social Democrats announced that they will vote the motion against the government without hiding the voting balls. PSD leader Victor Ponta warned that those who will vote against the motion will be kicked out of the party.
Social Democratic leader excludes possibility his party may join government before elections The leader of Romania's opposition Social Democrats (PSD) Victor Ponta excludes the possibility that his party might join the government before elections. And he says that in case a censure motion initiated by its party would be passed in Parliament - which would lead to the fall of the current Democratic Liberal (PDL) government - PSD would not support a National Liberal (PNL, opposition) minority government, according to Romanian news agency Mediafax.
President Basescu says Romania must take measures similar to those of former Polish deputy PM Balcerowicz Romania's President Traian Basescu said on Wednesday that the country must take measures similar to those taken by former Polish deputy PM Leszek Balcerowicz, according to Romanian news agency Agerpres. A former governor of the Polish central bank and a former deputy PM, Balcerowicz is seen as the architect of the Polish post-communist market economy and enforcer of the shock therapy of the 90s which led to the transformation of the Polish economy.


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