The Romanian Government took responsibility on Monday for the two law drafts already announced, which focus on the cut in public spending (including salaries and pensions) and which aims to eliminate special pensions and privileges in the public pensions' system. Immediately after the PM finished his speech, opposition party PSD submitted a censorship motion to the Parliament against the Boc Cabinet.

Several statements PM Emil Boc made:

We're facing decisions that must be taken responsibility for, to insure the present and future of this country. Because never in Romania the words of Abraham Lincoln sounded more relevant: I firmly believe in the people. If they tell them the truth, they can help you face any national crisis.We are going the most serious economic crisis in the last 60 years. Romania consumes more than it produces and we have to borrow billions. If we don't cut spending, we will get to a 9.1% GDP deficit, which would mean that Romania would have to borrow 11 billion euros. We aim to have a 6.8% budget deficit in 2010.Romania is part of an agreement with the IMF, EC and WB, but the money is not enough o cover the deficit. The programme to cut spending cut is necessary. If we don't do it, this would mean breaking the foreign finance agreement and have it impossible to pay up the deficit. We are now paying for the 2007-2008 irresponsibility.Look what is happening in Europe: Spain came out on the foreign market and failed to get one euro to cover the deficit. Greece has tried for months to get money from the European market. Foreign financers do not pay deficits. Countries that do not have credibility cannot get money to pay for their deficits, meaning what they consume, more than what they produce. You'll ask me why we are not borrowing from the internal market. On the internal market, the level of exposure for the banks is nearing 20%.If