US EditionRomania's ruling coalition loses majority after its biggest party walks out
Seven ministers resigned, leaving Prime Minister Ilie Bolojan without a parliamentary majority and putting Romania's access to €27 billion in EU funds at risk.
- On Thursday, seven ministers from the Social Democrats resigned from Prime Minister Ilie Bolojan's coalition government in Bucharest, depriving him of a parliamentary majority and triggering a political crisis.
- Repeated clashes over budget cuts defined the 10-month-old coalition, as the Social Democrats grew frustrated with Bolojan's efforts to reduce the European Union's largest deficit.
- The PSD plans to file a no-confidence motion against Bolojan, potentially collaborating with the opposition Alliance for Uniting Romanians, though it remains open to supporting a new pro-European government, "whether a politician or a technocrat."
- Bolojan refused to resign, announcing he will appoint interim Cabinet replacements for 45 days; however, the collapse threatens 27 billion euros in European Union funds and loans.
- Political scientist Sergiu Miscoiu warned that without a parliamentary majority, Romania faces a crisis where "many of the necessary decisions no longer able to be made," risking stability against nationalism backed by Russia.
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40 Articles
Right-wing populist politician George Simion lost Romania's presidential election last year, but now, with the country's centrist governing coalition collapsing, he sees a new path to power, writes Politico.
The seven social democratic members of the government announced their resignation on Thursday. Their party withdrew its support for Liberal Prime Minister Ilie Bolojan. In the opposition, the far right, electorally powerful, is waiting for his hour.
Eugen Rădulescu, the advisor to Governor BNR, warns that "the collapse of the ruling coalition may lead to cranium for Romania's economy, given the oil crisis, the country's huge deficit, but also the risk of losing money from the PNRR."It would hardly have been possible to find a worse time for PSD to risk a chaos of proportions," the economist points out.
Romania's Social Democratic Party announced on Thursday that it had withdrawn from Prime Minister Ilie Bolojan's coalition government, triggering a new political crisis in the unrest-weary country.
Seven Romanian ministers of the social democrats have resigned in the dispute over austerity measures. A political standstill endangers billions of EU aid.
In Romania, the pro-European coalition of governments is broken after a dispute over austerity.
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