POLITICS

Basescu: Iohannis was right to resend Fiscal Code to Parliament; VAT cut, too abrupt

Former President Traian Basescu told a meeting on Sunday in Alba Iulia of the People’s Movement Party (PMP) that President Klaus Iohannis was right to resend the Fiscal Code to Parliament for re-examination, arguing that the scheduled cut in the Value-Added Tax (VAT) would be too abrupt.

“I cannot be unfair. I find the VAT cut too abrupt; the solution would be a weighted cut taking into account effects. From this perspective, President Iohannis proceeded rightly. It was the former members of the National Liberal Party (PNL) that were wrong as they could have righted things once the state budget was up because the Tax Code was not to come into force now and they could have introduced an amendment to postpone the 5-percent cut in the VAT – they could have cut it by two, one or three percentage points with the draft national budget. So, I believe President Iohannis was right to resend the code,” said Basescu.

He added that this way a debate was generated, a substantive one conducted by economists with diverging approaches.

“Any overgrowth based on consumption leads to collapse. Romania cannot keep up economic growth rates in excess of 3.5-4 percent. A 7.8-percent increase like the one we had in 2008 is only a harbinger of the collapse to follow,” Basescu argued.

Basescu on Sunday attended the PMP Centre regional conference in Alba Iulia, where taking part were hundreds of the party’s delegates from the counties of Alba, Brasov, Covasna, Harghita, Mures and Sibiu.

 

“Moldova’s chance to enter EU is its unification with Romania”

 

Ex- President also told a conference on Sunday in Alba Iulia of the People’s Movement Party (PMP) that the chance of the Republic of Moldova of entering the European Union will be its unification with Romania. He added the time is right for a referendum on unification in both countries.

“The Republic of Moldova’s chance of entering the European Union is its unification with Romania,” Basescu told some 700 PMP delegates from the counties of Alba, Brasov, Covasna, Harghita, Mures and Sibiu.

He added that the rapprochement policy of the two countries should be continued. “Based on my personal experience, I believe the time is right to discuss the matter; the time is right for us to prepare an offering to the Government and Parliament of Moldova, and preparing a referendum in both countries is opportune,” said Basescu.

In his opinion, unifying the two nations is not some utopian objective. “I will remain an unreserved supporter of the idea that the time is ripe for Romania to become more exacting in supporting its interests related to the reunification idea, its unification with Moldova,” Basescu concluded.

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