“We have to survive” interview. The man proposed by gold last year as Minister of Economy says what would be the first emergency of the future government / who sends them to Romanians with savings in lei

The leader of the senators gold, Petrișor Peiu, proposed last year as Minister of Economy in a possible Golden Government says that “the decrease of the budget deficit by reducing the expenses is the first emergency, the most important, for now we have to survive, after which we will implement the other measures we propose”.

• The leader of the senators gold, Petrișor Peiu, explained on Thursday, May 8, in an interview with HotNews.ro, who considers that they were the reasons for the depreciation of the lion in front of the euro, but also what immediate measures should be taken by the future government.
• Last week, the Euro had three consecutive days of growth, after the threshold of 5 lei for one euro was exceeded for the first time. On Friday, May 9, was the first day when the lion appreciated.
• This tendency to appreciate the leu continued on Monday, May 12, when the NBR displayed a rate of 5,0993 lei for one euro, decreasing by 0.0172 lei (0.34 %) compared to Friday, when it was 5,1165 lei.

HotNews.ro: Mr. Senator Peiu, how do you see the depreciation of the lion in front of the euro? What were the reasons?
Petrișor Piu: The answer is on two levels. First of all, the market is vulnerable, because all financial indicators place Romania in the last place in the EU, we have the largest budget deficit, we have the largest current account deficit, the largest commercial deficit in the trade in goods, the fastest growth of public debt and the highest inflation.

This has created a vulnerability situation that some speculative investors speculated, that is why they are speculative, and the National Bank shrugged, it was made. It is true that the NBR has been announces for some time that it will give up the defense position of the threshold of under 5 lei for one euro, but it is curious the time it has chosen.

Because I remember the episode of October 2008, the same speculative intervention at Leo, the NBR then intervened with all the weapons, and even removed from the banking market and Lucian Isar and Florin Cîțu, who were treasurers at the three banks that then made the respective speculative attack.

– But the result of the elections with this change with George Simion and Nicușor Dan in round 2 affected the course?
-What is change? This result was expected, all the polls looked. What's so awful? Do you want to say that a small opposition party that has 20% is guilty of all these figures, but the Government that created them has no guilt? I can't believe that.

-The PSD Minister of the Economy recently said that the lion was depreciated in Pandemic, on the day of the War in Ukraine, in November 2024 and now …
–Then the BNR intervened, now it has not intervened.

-What would you advise Romanians who have savings in lei?
-Do not panic. To wait for May 19th. No matter who wins, the course will start to fall.

-there are fears about gold and an uncertainty regarding the support of Russia …
-No nasty. We have nothing to do with Russia, we have no matter of course, we do not want to make any international movement in the sense of leaving the current paradigm. It is not a fear or uncertainty, it is a rumor launched by our political opponents. As the press eats from the government, it still spreads this, simple.

-The interim prime minister Predoiu said that will call on Parliament In order to approve any possible documents necessary for the PNR, in the context in which the interim government cannot adopt draft law and GEO.
–They have a majority, I can do what they want.

-We ask if you will support such laws of gold as a senator.
-Let's see what those bills assume.

-From an economic point of view, what do you think should be straightened, what measures should be taken immediately after the Gold Government is installed at the Victoria Palace?
-First of all, let's see what government. It will be a government program. So we said: decreased budget deficit by reducing expenses is the first emergency, the most important, for the moment we have to survive, after which we will implement the other measures we propose. In February 2025 I presented an alternative budget project, it is public and there you will find answers to these questions.