If the Romanian president’s choice for the country’s new prime minister is confirmed it will be a case of second time around for economist Theodor Stolojan. Stolojan was Romania’s second prime minister following the 1989 revolution, and after rioting coalminers helped overthrow his predecesor. To some he is a trusted economist, ideally suited to take up the reins of power and stop his country’s slide into further economic crisis.
But to others he is a blind follower of President Traian Basescu. The new prime minister still needs to find a coalition partner for his PDL party, which won the November 30 elections. The PDL is close to forming a grand-coalition with the rival Social Democrat party and Stolojan has until December 22 for his nomination to be approved by Parliament.
The economic crisis was hghlighted recently when car manufacturer Dacia announced that it had suffered a 50 per cent slump in November sales, which will lead to a reduction in its output in 2009. Stolojan said he has two important missions when in office; the first is to set the 2009 budget, the second is to relaunch economic reforms.