After four years during which the Romanian government had been
teaching Europe a lesson in economic growth, Bucharest MPs are now
in the shameful position of deciding salary cuts for public sector
employees and pensioners in order to curb the debt spiral.
The two chambers of Parliament will decide today in a plenary
session the outcome of the motion of censure introduced by PSD
(Social Democratic Party) against the Government, after Prime
Minister Emil Boc’s team assumed responsibility for a unprecedented
package of austerity measures, which includes cutting pensions by
15% and salaries by 25% in order to achieve 10 billion RON in
savings until the end of the year.
Rejecting the motion means the set of measures will be considered
as adopted by Parliament, and, unless challenged in the
Constitutional Court, it will go to President Traian Basescu for
promulgation.
The tough measures meant to cut public spending come after a year
and a half of procrastination, during which time no minister was
able to talk honestly about the web of agencies and public
institutions, say clearly what the total number of the public
sector employees was, or curb the uncontrolled wage spending by
cutting “outrageous” perks.
None of those in power since 2004 have given coherent explanations
for the state’s increased spending, or for their failure to notice
that Romania was one step away from defaulting.
ZF English
How Boc's government ended up cutting 15% off pensions and 25% off public sector salaries
After four years during which the Romanian government had been teaching Europe a lesson in economic growth, Bucharest MPs are now in the shameful position of deciding salary cuts for public sector employees and pensioners in order to curb the debt spiral.