Progress Report on Fiscal Policies August 16 - 22, 2016
The past week saw the Ordinances for the budget rectification published in the Official Gazette. The two Ordinances are to be voted in Parliament, and there is a solid chance that the Social Democrats & ALDE to challenge the legislation given the electoral stakes involved.


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Weekly Policy and Political Report, August 16 - 22, 2016
Weeks before the end of the Parliamentary summer recess, clashes between the Cabinet and political parties picked up steam. Although having lost the majority in Parliament, the Social Democrats, backed-up by Călin Popescu-Tăriceanu’s ALDE, have taken issue with the Cabinet’s intention of amending the Tax Code and with the EU funds absorption rate. In his turn, Cioloș accused Ponta Government of the low absorption rates invoked by PSD.


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Weekly Policy and Political Report August 8-15, 2016
During the August 10 sitting, the Government passed a series of normative acts and strategies designed to have a long-term impact on national policy. The first budget rectification, the 2016-2020 National Anticorruption Strategy, and the 2016-2018 National Action Plan for Open Government were adopted during Wednesday's Government Sitting.


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Progress Report on Fiscal Policies, August 8 - 15, 2016
During the Government Sitting of Wednesday, August 10, the Government adopted the budgetary revision, with Education and Healthcare receiving higher budgets. The budget revision coincided with reports about Romania's GDP growth, the 3% budget deficit and the alarming trade deficit. As the National Institute of Statistics (INS) confirms a spectacular economic growth of 6% during Q2, analysts claim that the spike is a delayed effect of the VAT decrease. The deficit increase caused by higher spending with social security services has also contributed to a consumption-based economic growth. 


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Weekly Policy and Political Report August 1 – 8, 2016
The past week witnessed what may be qualified as the first political argument between PM Dacian Cioloș and Social Democrats’ leader Liviu Dragnea, which might rekindle speculations over a second term for Dacian Cioloș as Prime Minister at the general elections. The heated exchange of opinions between the two was caused by Liviu Dragnea accusing the Government of attempting to strip veterans of their rights, as the Government issued a Resolution modifying the Enforcement Guidelines of the Fiscal Code.


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