Romania is waiting for not only a new president, but also a government with full powers that can implement the decisions necessary for economic recovery. According to analysts, the next name on the president’s chair will massively influence the confidence for the governors.
Cătălin Predoiu took over the interim management after the resignation of Prime Minister Ciolacu PHOTO MEDIAFAX
Regardless of the political color of the executive future, its mission will be a difficult one, given the economic situation of the country. “We have the biggest deficit in the history of Romania. We have a public debt that has doubled over the last five years. We have an unprecedented commercial deficit at European level. From this perspective, the measures are inherent”explains the economic analyst Adrian Negrescu for “Adevărul”.
According to the analyst, the future executive should bring specialists. “A reduction in public spending is absolutely necessary. And there is a need for measures to reduce tax evasion, which has grown in Romania. I think that in the foreground there should be measures to reduce inflation, price increases and no case measures to increase taxes. (…) A more supple government is needed, 15-17 people, without a politically appointed state, who will be able to judge Romania as a business from which we eliminate the insane expenses of the state and try to put our economy on the waterline. Unfortunately, this idea probably has little chance of becoming a reality, we will see a government with a political color, but I hope that in this situation, at least depending on ministers, we have some people specialized in their field. ”
The future government, more “pasta” than in previous years
In case the government will bring the parties to the forefront again, the political analyst Adrian Zăbavă points out that the new president, “Regardless of his name, he will benefit, at least at the beginning, a certain trusted impulse, which could be transferred to the governors.”
Thus, “It is possible that in the short term there may not be an imminent pressure on the government, put on account of the confidence that the president will invest the new government.”
“It is true that the next government is clear that it will make some unpopular decisions. It cannot be without this. Decisions that will arouse reactions from society, but I think no one will come up with a short-term settlement. (…) Extremely important decisions will be made, the budget pressure will be increasing, Romania will be in an economic situation. Following the confidence of the president, he will be a little more than any other government. Shortly, so to speak (…) I think this release from the electoral moment, which will be completed with a new president in Cotroceni, who, at least in the short term, will benefit from an extra confidence, can make the pressure on the government not as high.”, Adrian Zăbavă believes.
According to the editor-in-chief of Historia, Ion M. Ioniță, in the short term, “The most important thing is to regain investor confidence that Romania remains a stable country within the European Union ”.
