Budget

The Romanian Parliament meets today in a joint session to debate and vote on the state budget and the state social insurance budget, supported by the government majority made up of the Social Democratic Party – PSD and the Liberal Party – PNL. The social-democratic PM Marcel Ciolacu argued that the budget for next year is one of development and balance, a budget based on investments and which provides the necessary sums for the promised pension and salary increases. The opposition says that the budget is built on unrealistic figures, which will not ensure economic development.