December 5, 2024 UPDATE
A roundup of local and world news
Daniel Bilț, 05.12.2024, 20:05
VOTE The Foreign Ministry in Bucharest on Thursday announced that it briefed the allied states on the attempted foreign interferences in the election campaign in Romania. ‘The Romanian Authorities are investigating this attempted initiative underway. ‘We are going to take all the measures needed to protect democracy, national security and sovereignty’, says a communiqué by the Foreign Ministry. In the meantime, the General Prosecutor’s Office was notified ex officio after checking the documents presented by the country’s Higher Defence Council regarding the campaign of independent candidate Calin Georgescu, which were declassified. An investigation is underway on various charges such as election fraud and money laundering. In another development the Constitutional Court on Thursday got four notifications calling for the cancellation of the results in the first round of the presidential election. The head of the Permanent Election Authority, Toni Grebla says the election cannot be cancelled because the terms stipulated by the law have been exceeded and the Constitutional Court has validated the results. The independent candidate Calin Georgescu will be facing the pro-European Elena Lasconi in the presidential runoff due on 8 December. Romanians abroad will have three days to cast their ballot starting this Friday.
EU The European Commission has called on the TikTok platform to preserve all the information in its system linked to the EU election for thorough examination. The Commission has summoned representatives from the member states, European institutions and digital platforms to asses the risks posed by the information systems at the level of the entire bloc starting from Romania’s case. After the outcome of the first round of its presidential election, Romania had called on the European Commission to launch a formal investigation into the platform under the community rules on social media. On Tuesday in the European Parliament, the platform defended the measures it had implemented to fight misinformation in the first round of the presidential election in Romania and denied the allegation that it would have favoured the independent candidate Calin Georgescu. In another development the US secretary of state, Antony Blinken on Thursday said the Romanian authorities had revealed a large-scale and well-funded Russian effort to influence the presidential election.” Earlier, the US Department of State said in a communique that ”Romania’s hard-earned progress anchoring itself in the Transatlantic community cannot be turned back by foreign actors seeking to shift Romania’s foreign policy away from its Western alliances.”
ECONOMY The analysts’ trust in the Romanian economy dropped last month amid the latest political developments. A survey among the experts forecasts a higher inflation rate in the coming year, a depreciated national currency and an economic growth lower than initially expected. The Macroeconomic Trust Indicator of CFA Romania dropped by 13.5 points down to 31.4 points, the lowest level since 2020. 77% of the pundits questioned have forecast a depreciated local currency in the following 12 months, while the rest believes it is going to stagnate. The budget deficit envisaged for the year 2025 would stay at 7.2% of the GDP, the economic growth at 1.3% and the public debt at 58%.
(bill)
