Clear victory, uncertain future
Overview
THE result of Romania’s parliamentary elections on December 9th was as expected: the Social Liberal ruling alliance (USL) scored a clear victory. This means that Victor Ponta, the prime minister, is likely to be re-appointed to his job. And the bitter trench warfare between Traian Basescu, the president, and Mr Ponta will probably continue, distracting policymakers from urgently needed reforms of the economy. The coalition of social democrats, liberals and conservatives, run by Mr Ponta and Crin Antonescu, his close ally, gained over 58 % of the votes. The centre-right Right Romania Alliance (ARD) of Mr Basescu managed to get only 16% of the vote. Two more parties passed the minimum 5% threshold required to enter parliament. The People’s Party (PP-DD) got around 14 % of the votes. Its boss is the populist multi-millionaire Dan Diaconescu, who drives a white Rolls Royce and is on trial for blackmail as well as being investigated for fraud in a privatisation deal. The Democratic Alliance of Hungarians in Romania (UDMR), a party representing the Hungarian minority, got just over 5%. Details...

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