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Marcel Ciolacu, the PSD leader, explained what can happen to Romanians’ salaries and social benefits due to loans granted by the Ministry of Finance.
Marcel Ciolacu explained live in interviews DC News TV what will happen to the salaries of Romanians, given that the Ministry of Finance borrowed more than 20,000 million euros, money on which Florin Cîțu refused to explain.
“The Law is very clear! We leave an external debt of 37%. When you reach an external debt of 50%, in 7 months, of GDP, at that moment the law forces you not to increase any salary, and everything is capped. There is a law. If you have reached 55% debt, enter and reduce social benefits. So the chief economist of the National Bank said these things. The man was telling the truth. Friends, stop. You have reached a public debt of 47 %. You owed Romania 25 billion euros. Romania will pay one billion euros in interest next year. Romania has borrowed more than 1,000 euros per second. No capital insertion was made. In the last rectification, we cut 4.1 billion euros. I read the investments and now he distributes electoral gifts from the prime minister’s reserve fund, ”said Marcel Ciolacu.
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