Prima pagină » English » Romanian Democrat Liberal VP Urges Caution In Public Spending

Romanian Democrat Liberal VP Urges Caution In Public Spending

Theodor Stolojan, vice-president of Romania’s Democratic Liberal Party (PDL) said Saturday that Romania could be affected by the international financial crises unless prudential measures are taken in this respect.
Romanian Democrat Liberal VP Urges Caution In Public Spending
18 oct. 2008, 15:49, English

 Stolojan recommended caution in public spending to avoid facing a local financial crisis, stressing the country must stop wasting so much money uselessly, especially hwne it comes to state instittions.

"The country has a pile of government-run agencies and institutions whose employees earn incredibly high salaries. These employees get bonuses just for waking up in the morning, getting to work and even for breathing, therefore, a lot of money is being wasted," Stolojan said.

He also pointed out that the government is incapable to take any concrete measures in this respect, as it does not have a majority in Parliament to support it and also lacks credibility.