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October 23, 2020
ECONOMY FINANCE&BANKING POLITICS

FinMin Citu: What PSD is doing today in Parliament is criminal, it blows up country

The Minister of Public Finance, Florin Citu, stated, on Tuesday, in eastern Piatra-Neamt that the intention of the Social Democratic Party (PSD) to modify the budget revisions, having as main purpose to increase pensions by 40 pct, is “a criminal act”.

Florin Citu emphasized that Romania is in a difficult period, similar to that before the economic crisis in 2010, and an increase of spending could blow up the country.

“What they are doing in a difficult period for Romania, in a period of global economic crisis, is like an act of aggression to the economic stability of Romania, and they are using their majority in Parliament. These people will answer for everything they do and I hope they answer as soon as possible. I have trust that not all people in the Romanian Parliament want to blow up Romania. I am certain that besides the PNL [National Liberal Party] there are others who will vote against this nonsense. But, if this law is to pass, we will not allow Romania to blow up this year. We are not irresponsible. (…) In 2008, the same toxic socialist majority proposed an increase exactly in the electoral campaign of teachers’ salaries by 50 pct. The then Prime Minister [Calin Popescu-Tariceanu, then chair of the PNL – e.n.] had said that it could not be done, but today he sustains, he changed, he’s with the socialists. What followed we know very well. Romania was downgraded, interest rates increased, there was inflation, we entered the economic crisis that we exited in 2015. The same thing is happening today if we let them move forward with this program they have to modify the budget revisions. We will not let them, we will not throw Romania into crisis because the PSD, Arsene and the rest of the criminal gang want to,” said the Minister of Public Finance, according to Agerpres.

Florin Citu explained that the moment it was at rule, the PSD renounced the idea of increasing pensions by 40 pct after a meeting of than Prime Minister Viorica Dancila and then Finance Minister, Eugen Teodorovici, with representatives of the IMF and the World Bank.

The plenum of Parliament is meeting on Tuesday to debate the drafts regarding the state budget and state social insurance budget revisions for this year, which include the PSD amendment regarding the increase of the pension point by 40 pct.

PSD’s Ciolacu: We remain consistent; we will vote in Parliament to increase pensions

Social Democratic Party (PSD) Chairman Marcel Ciolacu said on Monday that the social democrats remain consistent and on Tuesday they will vote in Parliament to increase pensions according to the law.

“We remain consistent! Tomorrow [Tuesday] we will vote in Parliament to increase pensions according to the law! Iohannis and Orban have humiliated the elderly enough! You chased them with the police and fined them in the state of emergency! You kept them in queues in front of hospitals without access to treatment! You kept them without essential medicines, such as Euthyrox, and now you complain that they get sick! You did not give them any of the promised masks, but fine them if they do not have one! Enough! Any normal government respects its seniors. It does not mock them. They are our parents and grandparents. They are the people who raised you, not the burden you do not know how to get rid of faster now. You did not do anything for them. Apply the law at least. Stop stealing and you will have money for pensions! There are 5 million retirees waiting for justice. Let’s see tomorrow those who oppose this right,” Ciolacu wrote on Facebook.

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1 comment

Ben September 22, 2020 at 10:27 PM

If the plans for the PSD go ahead, Romania will be given a very bad name as a politically unstable country that writes bad checks. This is not good for Romanian citizens. It’s pure immoral power politics. Or will it be driven by Liviu Dragnea from prison? In this way, the country will be disturbed into a deep economic crisis and Romanian citizens will eventually fall victim!

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