Political scandal to make Romania’s loan more expensive

Economists go as far as suggesting that the issue should be postponed. As the political scandal continues, President Traian Basescu is in no rush to sign the request for Nica’s removal from office presented to him by Prime Minister Emil Boc. Basescu said that he is waiting for the Democratic Liberal Party (PDL) and the Social Democratic Party (PSD), the two parties in the ruling coalition, to reach an agreement. Boc had announced the removal of Nica from office based on the fact that the latter suggested that the coming elections will be subject to fraud, and indicated that the minister did not fulfill his governing program.