Romania opposition inks alliance to pressure PM

Analysts say the alliance of Social Democrats, Liberals and Conservatives, who would stand on a united ticket in elections, does not pose a threat to Boc's coalition in the short term

Romania opposition inks alliance to pressure PM

Three Romanian opposition parties agreed to an alliance on Saturday to increase pressure on Prime Minister Emil Boc and try and secure a majority in 2012 parliamentary elections.

Boc slashed public salaries and raised value-added tax last year to cut Romania's budget deficit and comply with terms of a 20-billion-euro International Monetary Fund-led bailout, prompting the opposition to file a series of censure motions.

Analysts say the alliance of Social Democrats, Liberals and Conservatives, who would stand on a united ticket in elections, does not pose a threat to Boc's coalition in the short term, but may improve their chances in parliamentary elections next year.

"We will succeed together in 2012," Social Democrat leader Victor Ponta told party delegates gathered in parliament, a huge marble palace built in central Bucharest by late communist dictator Nicolae Ceausescu.

Boc defeated four confidence votes by successively wider margins in 2010, indicating future such challenges -- the only way to topple the government -- now have only a slim chance of success.

The risk of a government collapse dominated market sentiment in Romania for much of 2010 and its new-found solidity may mean a smoother ride for investors, easing debt costs and propping up the leu currency.

The new opposition alliance had a combined 64 percent support in the most recent opinion poll, versus just 15 percent for Boc's Democrat Liberals. Boc's party won about 33 percent of the vote in the last parliamentary elections in late 2008.

"It is a government which has proven totally incompentent economically and administratively," Liberal leader Crin Antonescu was quoted as saying by local agency Agerpres.

Reuters

Last Mod: 05 Şubat 2011, 16:04
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