It’s hard to see where Emil Boc’s government goes from here. It managed a stay of execution by whacking up VAT, so it should get another handout from the IMF and EU, but it comes at the cost of whatever credibility it still had. Boc’s fragile and patched together coalition only just survived a no-confidence [...]
Posts Tagged ‘Traian Basescu’
Today in Romania’s parliament, Good does battle with Evil. It really is as simple as that
Romania’s MPs will today vote on a motion of no confidence put forward by the opposition that is in effect a vote on the drastic budget cuts announced by the PDL-led government of Traian Basescu and Little Emil Boc last month. For many of Romania’s most desperate group of people – pensioners – the vote [...]
It begins
It’s now more than three weeks since Romania’s government of ostentatiously wealthy individuals announced the most drastic cuts to public spending since the 1980s: pensions are to be cut by 15 per cent, public sector salaries by 25 per cent. Since then, though there has been much fist-wringing and general ‘they just can’t do that’ [...]
It’s a miracle!
After not a few years in Romania, it never strikes us as anything except astonishing how television news bulletins in this country report religious events. This morning, for example, the top story on all channels is that Christ Has Risen. That some people clearly believe that he has is not the issue: good luck to [...]
Basescu’s Romania: Arse and elbow in new mix-up
From the government that brought you a compulsory profit tax on losses, and a tax on fast food comes another wonderful initiative designed to see thousands more Romanian companies close: all Romanian companies (no matter their size) must hire not one, but two full time accountants. Yes, you read that correctly. More than 40 MPs, [...]