Romania’s Ruling Coalition OKs 32 Anti-Crisis Measures To Be Enforced Sep 1

Mircea Geoana, head of the Romanian Social Democratic Party, announced Monday after the ruling coalition’s meeting that PSD and PDL agreed on 32 anti-crisis measures that would be enforced on September 1.

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Geoana added that 15 measures target the economic stimulation, 9 refer to the increase of budget revenues, 6 aim to keep tight grip on budget spending and 2 measures refer to hiking monetary liquidity in the banking sector.

PSD head stated that, by adopting the 32 anti-crisis measures, the ruling coalition managed to overcome a “political deadlock”.

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