Romanian Prime Minister Emil Boc on Monday (6 February) resigned together with the entire government in response to several weeks of anti-government protests. "I decided to hand in the government's resignation," Boc announced in a press conference in Bucharest, adding that he took this decision in order to calm "social tensions" and so that the "economic stability of the country is not affected."
The ruling party lost its majority in the upper house last week, after two MPs defected to the opposition, making it impossible for Boc's government to pass further austerity measures. Boc admitted the austerity measures his government had to take so far as part of an €20bn EU-IMF-World Bank bail-out have been "painful".
In 2010, his government slashed public-sector wages by 25 percent and increased VAT from 19 to 24 percent. But Boc insisted that the measures are paying off because Romania returned to economic growth in 2011 and is projected to have a higher growth rate in 2012 than eurozone countries. (...)
The Social-Liberal opposition is now calling for early elections and a transitional government under a technocratic leader. (...) General elections were supposed to take place later this fall and opinion polls put the Social-Liberal camp well ahead of the ruling centre-right party, at around 50 percent of the votes.
Euobserver
The ruling party lost its majority in the upper house last week, after two MPs defected to the opposition, making it impossible for Boc's government to pass further austerity measures. Boc admitted the austerity measures his government had to take so far as part of an €20bn EU-IMF-World Bank bail-out have been "painful".
In 2010, his government slashed public-sector wages by 25 percent and increased VAT from 19 to 24 percent. But Boc insisted that the measures are paying off because Romania returned to economic growth in 2011 and is projected to have a higher growth rate in 2012 than eurozone countries. (...)
The Social-Liberal opposition is now calling for early elections and a transitional government under a technocratic leader. (...) General elections were supposed to take place later this fall and opinion polls put the Social-Liberal camp well ahead of the ruling centre-right party, at around 50 percent of the votes.
Euobserver
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