Romania’s PSD party — a natural succesor of the communist party, which has been at the head of governance for the past 35 years since the Revolution — has decided to step down from the formation of a new government.
Marcel Ciolacu, the head of PSD, who unsuccessfully ran for Romania’s president in its recent failed election, has said that PSD will support a right-leaning party.
He mentioned on Facebook that given the recent fiasco surrounding Călin Georgescu’s highly controversial rise to notoriety, “Romania mustn’t be thrown into the air by puerile attitudes and foolish pride”.
At parliamentary elections on the 1st of December, PSD came out first, and therefore requested its call of prime minister.
He went on to say that “you can’t work concretely with people who say one thing on the inside and another before the press”.
Meanwhile, critics have pointed out that through this move, PSD is trying to shirk away from the mess of Romania’s fiscal situation.
The government budget deficit is currently at 9% — a whopping increase from 2023. This happened under PSD.
This has not been met with a good reaction. Cătălin Drulă, the former president of the USR party, said it was “an act of rare cowardice”.
In any case, Ciolacu suggested that the new executive government be voted on the 23rd of December, and also said plainly that PSD will vote for a minority government — a move against the major Liberal party.
Stocks in Bucharest dropped abruptly after this development.
Internal peace is far from Romania at the moment, with the media raging as Romania sees itself ideologically and geographically at a stalemate between East and West. Meanwhile, President Iohannis, so largely considered disappointing that he publicly apologized to the Romanian people for his mistakes, remains in office.
If Romania will have a minority government, as PSD has decided, this will add yet another layer of instability for Romania.
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