Social-Democrats File No-Confidence Motion Against Finance Minister

The Social Democrat Party’s (PSD) group in Romania’s Senate filed on Monday a no-confidence motion against liberal Finance Minister Florin Citu, accusing him and the government of not taking measures to stop the depreciation of the national currency versus the euro.

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The motion was announced by former finance minister and long-time public rival of Citu, Eugen Teodorovici.

In the motion, the social-democrats state that “the only certainty” following investiture of the Ludovic Orban government with Florin Citu as finance minister is the fact that the national currency, the RON, has shown a constant downward trend in exchange rates against the Euro and the US dollar.

The document also calls for the finance minister’s resignation.

The motion is non-binding, meaning that the minister is not forced to resign should it pass. It will be voted only in the Senate.

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