Oct 13, 2009

Romanian Parliament Dismisses Government

According to YahooNews, today, the Romanian Parliament voted to dismiss the government, because it had failed to improve the economy. This is the first time Parliament has dimissed a government since the fall of communism in 1989.

Romania has been hit by the global downturn and it secured a $17.1 billion International Monetary Fund loan, which was needed to help the country balance the books this year so it can keep paying public salaries and pensions. The unemployment rate is about 7 percent, up from 4 percent a year ago. The economy is expected to contract by 8 percent this year, following three years of an annual economic growth of 8 percent.

Question: can all countries dismiss their own governments because the economy sucks? How have other countries' governments not been dismissed in this global economic crisis?

1 comment:

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