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If the 40% pension increase were to pass, the RON / EUR exchange rate would weaken immediately



The exchange rate for the leu-euro would immediately deteriorate if the budget adjustment law passed by parliament by amending the pension increase by 40% were to pass, says Finance Minister Florin Cîţu.

“The write-down of the national currency began when (PSD, no.) Announced the motion of censure and announced that they wanted to return to the budget repair. a depreciation of the exchange rate, which also means inflation.I would then ask Ciolacu and his gang to adopt a write-down of the national currency.If the exchange rate exceeds 5 lei I say they must come and go, because they are directly responsible for what “We will not allow such a thing and we will take all measures to avoid getting there,” the minister told Realitatea Plus, quoted by Agerpres.

Parliament’s plenary session on Tuesday adopted the budget adjustment for 2020, with the PSD amendment regarding the 40% increase in pension points.

There were 242 votes in favor, 147 against and 11 abstentions.

MEPs decided on the PSD’s proposal to repeal the article according to which the pension score is increased by 14% and thus remain in force the law in the public pension system which provides for an increase of 40%.

PNL has announced that they will question the law in the Constitutional Court.

Editor: MB


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