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Significance
The plan includes ambitious reforms and investment projects, but the Commission’s critical first reactions highlight questions around the feasibility of some of these reforms and the state’s capacity to implement them. The Commission will approve or reject the plan by September 30.
Impacts
Power struggles within the National Liberals, the senior coalition party, could weaken government ability to implement planned reforms.
Success is important for the junior coalition party coordinating the plan, USR-PLUS, whose appeal relies on its expertise and competence.
In several eastern EU states, the RRF could further entrench state capture and clientelistic networks.
Keywords:
Romania,
EU,
EUR,
economy,
industry,
international relations,
politics,
social,
debt,
fiscal,
government,
pensions,
reform,
coal,
computers,
decentralisation,
education,
environment,
investment,
opposition,
party,
public sector,
railway,
regional,
road,
wages
© Oxford Analytica 2021. All rights reserved. This content contains general information about geopolitical, macroeconomic and social developments or (where stated) other matters. It does not contain advice or recommendations that may be relied on. Where links to external websites are provided, this does not indicate that Oxford Analytica or Emerald agree with, endorse or have checked for accuracy the contents of said sites.
2021
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