Former Finance Minister from PSD, Adrian Căciu, launches a harsh attack on Prime Minister Ilie Bolojan. He accuses the head of the Government of “either he does not understand, either mind or believe us all stupid”, after the statements regarding the risk of inability to pay Romania.
Căciu harshly attacks Prime Minister Bolojan in a Facebook post / photo source: Inquam Photos
Accusations of “logic fracture” to the Prime Minister of Romania
Former Finance Minister from PSD accuses Prime Minister Ilie Bolojan of lack of logic and responsibility, after he invoked the risk of Romania’s entry.
“If you give 25 billion lei on weapons, you do not enter the inability to pay. So we are told!
To be elegant, it is a logic fracture in the statements of a person who occupies, as a period of prime minister. Either he does not understand, or mind, or believe us all stupid … or so much man ” Căciu wrote on his Facebook page.
In the vehement posting, the Social Democrat claims that the Executive contradicts it when he claims that there are funds for massive military expenses, but not for investments in infrastructure, schools or hospitals.
“Well, if you have no money, you have no money for weapons!”
“When you say you have no money, if you are honest, you have no money. Well, if you have no money, you have no money for weapons! Otherwise, lie!” He accused him directly on Bolojan.
He warns that the prime minister’s statements have direct effects on Romania’s markets and financing costs
“PS: I have often drawn the attention that, a state man, cannot be played with such statements regarding the inability to pay Romania. If he is a prime minister, let alone!” the former Minister of Finance broke out.
Maybe you send to the respective Lord that Taman has increased the cost of financing of the Romanian bonds, and if we look at the debt stock, the loss generated by the aberrations said is over 100 million euros ”, the former PSD minister ended.
Bolojan, for Bloomberg: “The risk of inability to pay is high”
Prime Minister Ilie Bolojan said, in an interview for Bloomberg, that Romania is likely to be incapable of payment if the Government will not quickly reduce the excessive expenses in recent years.
Prime Minister Ilie Bolojan stressed that the next six months will be decisive for applying radical austerity measures, despite the dissatisfaction of the population and voltages in the ruling coalition.
“The risk of inability to pay is really very high after years of big deficits. If we do not enter a stable trajectory, the only possible result is a very negative one“, Bolojan said in the interview for Bloomberg. He insisted that”We need to take all these reforms in rapid succession“And that”If the first series of fiscal measures is not followed by other corrective measures, we will arrive again where we left”.
Last year, Romania’s budget deficit exceeded 9% of GDP, the highest level in the European Union. The current government has initiated a large package to reduce the expenses and increase in taxes, with the objective of lowering the deficit below 6% in 2026.
