December 23, 2024 UPDATE
A roundup of local and world news
Newsroom, 23.12.2024, 19:57
GOVERNMENT The new government in Bucharest, headed by the social-democrat Marcel Ciolacu and made up of the pro-European parties PSD, PNL, UDMR and the group of the national minorities has got the investiture vote in Parliament. All the 16 members proposed to become part of the new Executive on Monday got the greenlight following the hearing in the Legislative’s specialized committees. The Prime Minister had said the new government would not resort to austerity measures, but public spending must be decent. The PNL interim leader Ilie Bolojan said that his party signed the agreement to form a stable government, which will carry out reforms during a difficult period. He announced that former Liberal leader Crin Antonescu is the coalition’s joint candidate for the upcoming presidential election. The UDMR president Kelemen Hunor says the current coalition seeks to gain people’s trust in order to overcome the political deadlock. However, the AUR MPs believe the programme presented by the PSD leader is unrealistic and the USR representatives say the new government does not meet the citizens’ expectations. Previously, the leaders of PSD, PNL, UDMR and the leader of the group of national minorities signed a political agreement to form a Parliament majority and a government. According to Romania’s president Klaus Iohannis, the new pro-European coalition stands good chances of continuing Romania’s good track record, following the undeniably good economic results obtained and the Schengen accession.
DAY In a message conveyed on Revolution Victory Day, President Klaus Iohannis said that Romania is “at a turning point” and must firmly reject attempts to revise history, which aim to “defame the memory of the heroes of democratic Romania and mystify the truth about the dictatorial regime”. The head of state pointed out that the freedom for which the heroes of the Revolution sacrificed themselves is “more alive and present than ever” today, 35 years on. A number of events were held throughout the country to mark the anti-communist revolution of 1989, with participants recalling protesters’ aspirations back then for democracy and a European path for Romania.
PARLIAMENT PSD MP Ciprian Șerban was on Monday elected Speaker of the Chamber of Deputies in the new Parliament. The interim leader of PNL, Ilie Bolojan, was elected Senate Speaker. We recall that four pro-European parties entered Parliament – PSD, PNL, USR, UDMR – and three self-proclaimed sovereignist parties, AUR, SOS Romania and POT.
FORECAST The National Strategy and Forecast Commission has significantly downgraded its economic growth forecast for 2024 from 2.8% previously to 1%, amid an accelerated decline in activity, especially in industry and agriculture. The only sector with a positive estimated impact was services. In its autumn forecast, published in November, the European Commission estimates that the Romanian economy will report an economic slowdown this year, up to 1.4%, but the gradual recovery of external demand, the easing of financial conditions, resilient private consumption and an acceleration of investments will support economic growth up to 2.5% in 2025 and 2.9% in 2026.
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