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Thursday, July 07, 2005
Business in Romania blog
The Romanian Prime Minister, Mr. Calin-Popescu Tariceanu, announced today that the Romanian Government will resign, due to the recent decision of the Constitutional Court to question and to ask for the changes of some of the legal initiatives proposed by the Government.

Mr. Tariceanu announced all the ministers that they have to end their missions and wait for new elections in the near future.

Mr. Tariceanu said he wants to start the legal procedures for forcing new elections in the near future. He also said he will inform Mr. Basescu about his decision today.

The news is quite shocking, specially after the main reactions of yesterday. Yesterday, when the Constitutional Court announced that some of the proposed laws would be un-constitutional, everybody who was interviewed said the chances are quite minor and no-one could anticipate such a crisis. But is seems it was just the top of the iceberg and actually the problems are much more important.

The Constitutional Court’s ruling yesterday delays critical justice reforms that were requested by the Euroean Union, which Romania wants to join in 2007. The court, which is packed with people who are close to former president Ion Iliescu, declared certain parts of the justice laws to be unconstitutional.

The EU has warned Romania that its admission to the union would be delayed by a year if it fails to reform its inefficient justice system and enforce anti-trust rules.

We will keep you posted with the aftermath of this decision.

Posted by Mihai Botea : 7/07/2005 06:29:00 pm Romanian Government resigns
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