The Government once again sees a pink future and a shiny present. Some analysts do not agree and point at the Tariceanu Cabinet as a right-wing party with a left-wing attitude. Meanwhile, the Consumers' Protection authorities warn that banks may deliberately lie to their clients, offering low interest rates, but with huge commissions. Romanians are not really interested, a thing noted by commercial complexes developers, who will triple the commercial area per capita in less than a year.
"We fulfilled 95% of our commitments", said Prime Minister Calin Popescu Tariceanu on Wednesday, pointing at the pensions' and salaries' growth and the economic growth. analysts reply with the lack of investments in infrastructure, the lack of structural reforms and the poor energy policy. The 16% flat tax is seen indeed as an achievement, but most newspapers note that the taxation was Liberal during the mandate, but the budgetary spending was Social-Democrat. Even more, teachers are quite upset with the pace of salaries growth, claiming that the 9% increase this year is far from ensuring a decent living.
Romania Libera also lists the vulnerabilities that are still visible in the Romanian economy: the volatility of the Romanian national currency, RON, the dropping of stock-exchange listed shares and - the most important - the huge current account deficit. The newspaper estimates that the international financial crisis may end next summer and reminds that Romania is still one of the most attractive investments destination.
Meanwhile, the Government will make a supplementary effort of 1,370 million RON (some 375 million euro) to increase pensions in October, instead of November. In August, the Labor Minister declared that pensions can not grow in October without affecting the Health Care and Education, Gandul reads.
Another important, yet us
