Macro Analysis /

Romania: CCR reportedly says no-confidence motion against govt must proceed

    28 September 2021
    • Parliament should decide today on motion's debate and vote date
    • Opposition PSD submits own motion today, probably to have new excuse not to back USR-Plus motion
    • PSD's motion to be presented next week and voted 3 days after presentation
    • PSD and USR-Plus likely to leave disagreements behind and back each other, otherwise motion won't pass
    • Early election is less likely, we see minority ruling of new Citu cabinet as more probable scenario