Political and Economic Consequences of the COVID-19 Pandemic in Romania
Political and Economic Consequences of the COVID-19 Pandemic in Romania
Author(s): Jakub Pieńkowski
Subject(s): Politics, National Economy, Economic policy, International relations/trade, Welfare systems, Health and medicine and law
Published by: PISM Polski Instytut Spraw Międzynarodowych
Keywords: Romania; COVID-19; pandemic; politics; policy; economy; consequences;
Summary/Abstract: On 16 June, a Romania’s “state of alarm” was prolonged for a month by the Ludovic Orban minority government. The pandemic has prevented his National Liberal Party (PNL) from holding early parliamentary elections, which, given the popularity of the formation, would be expected to allow it majority rule. The largest opposition force, the Social Democratic Party (PSD), could build a coalition in the current parliament but refuses to take power during the crisis. The government has provided temporary support for Romanian companies and announced an economic reconstruction programme that may incorporate aspects of the European Commission’s Next Generation EU initiative. The consequences of the pandemic will hamper Romania’s adoption of the euro.
Series: PISM Bulletin
- Page Count: 2
- Publication Year: 2020
- Language: English
- Content File-PDF