The Government might fail to meet the deadline set by PresidentTraian Basescu for state spending cuts for mid June, even thoughPremier Emil Boc will choose the fastest legislative procedure:undertaking of responsibility by the government for a law toinclude every arrangement made with the International MonetaryFund.
Yet the Government's attention seems to be focusing on somethingelse: over the last three days the top members of the Cabinet havebeen providing explanations about the terms of the negotiationswith the IMF, given that the Fund's Managing DirectorDominique-Strauss Kahn told a French TV station that it was solelythe Romanian Government's decision to cut budget paid employees'wages by 25% and pensions by 15% instead of hiking taxes assuggested by the IMF's mission.
The Romanian officials, among which Prime Minister Emil Boc,Finance Minister Sebastian Vladescu and presidential advisorSebastian Lazarescu said the representatives of the Fund insistedon tax hikes and the IMF's managing director, a former socialistEconomy Minister, made such statements before a French audiencebecause he wanted to get into the presidential race of 2012 againstNicholas Sarkozy.
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