Eugen Teodorovici to be the new Finance minister

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Minister of European Funds minister Eugen Teodorovici will be the new Finance minister, while his portfolio will be taken over by Marius Nica, the incumbent secretary general within the Labour Ministry. The decision came after a meeting between PM Victor Ponta and President Klaus Iohannis on Friday. PM Ponta said the president accepted these nominations.

The Presidential Administration informed in its turn that Teodorovici and Nica would take the oath at Cotroceni Palace on Monday morning.

Teodorovici is a Social Democrat senator who has been minister of European Funds since 2012 when PM Ponta actually set up this ministry.

The Finance minister position is vacant after Darius Valcov, investigated for corruption charges, resigned. A week ago, PM Ponta took over the interim as Finance minister.

Read the latest developments in Valcov’s case here:

Ex-president Basescu slams the nomination

Former President Traian Basescu reminded in a Facebook message on Sunday that Eugen Teodorovici voted against Dan Sova’s arrest during the plenum session on Wednesday, and warned president Klaus Iohannis that, if he had validated Teodorovici as Finance minister, it would have been “a signal” seding him back at Grivco. (editor note: the holding owned by media tycoon Dan Voiculescu, strong opponent of Traian Basescu, currently serving a ten-year jail sentence. Traian Basescu accused Iohannis in the past that he was closed to Voiculescu).

“Mr.President Iohannis, I understand you got along with V.V.Ponta for nominating Eugen Teodorovici as Finance minister. I made mistakes myself. Maybe you didn’t know that Teodorovici opposed the arrest of PSD senator Dan Sova. But today, when you know this (…) before validating Teodorovici, who voted for hiding the truth, it is a signal that send you back to Grivco, in the arms of informer Felix,” Basescu wrote on his Facebook page.

“Please, remain the one of November 16, 2014 for the Romanians. We all need hope, including a former president,” the former head of state added.

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