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June 27, 2022
ECONOMY FINANCE&BANKING POLITICS

PSD’s Ciolacu: Economic growth did not put more money in the people’s pockets

Chamber of Deputies Speaker Marcel Ciolacu declared on Thursday evening that although Romania has “the highest economic growth in Europe”, this isn’t visible in the people’s pockets, which is why the government will have to come up with a new social package.

“As you know, immediately after we joined governing we came with a social package in January, now there is the ‘Support for Romania’ package 60 percent of which was rightly directed to the economy, and we have the highest growth in Europe. In other words, the government has made the best decisions in the current context. The fact that this economic growth isn’t felt in the people’s pockets is something else and it doesn’t apply on all tiers of the economy. In other words, the government will have to come up with a new package to balance things, this struggle – particularly of low-income and middle class people – with rising prices,” Ciolacu told broadcaster Romania TV.

He emphasized the need to focus on low- and middle-income earners, “so that people can bear this inflation.”

“I believe that we will come up with this new package as soon as possible. (…) It is important that the decisions we make are also effective, emotional reactions are not advisable, nor is a brutal intervention in the economic system. This has to be decided after discussi

 

Social-democrat head says analysis needed to find element that creates difference in prices

 

An analysis is needed of the basic foods and the competent bodies should work on it, to combat the profiteering, on Thursday night said the Social Democratic Party (PSD) leader Marcel Ciolacu, Speaker of the Chamber of Deputies, for the private broadcaster Romania TV.

“Are we talking about basic foods? If Rolls-Royce is sold a thousand times the manufacturing price, I’m not interested. But in the area of bread, of basic food, the people from the National Institute of Statistics (INS) have to come and tell us what is a European practice, to make an average. These things should not be said by politicians (…). These things must be substantiated (…). Let me give you an example: it was between 1.7 and 2 RON a kilogram of cucumbers, from the producer, and in the supermarket one can find it at 9 RON/kg. Someone has to make an analysis, what happens on this chain,” Ciolacu said.

“One has to do an analysis to see where is the element that creates this difference. It’s the Consumers’ watchdog (ANPC), it’s the Veterinary&Food Safety watchdog (ANSVSA), they have to work with the Ministry of Finance, with the Ministry of Agriculture, with the INS (…). One has to determine what the basic products are and from there one goes. And one goes for a niche. One cannot intervene with the boots in the economy, because the effects, I’ll tell you… There are other states that have boasted: we have capped the fuel. And they had shortages. It’s normal, it makes sense. We don’t have to get to that,” Marcel Ciolacu said.

ng with all the social partners, with the business environment,” Ciolacu said, according to Agerpres.

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