Former premier Ciolacu blames Bolojan government for Romania's economic decline

Marcel Ciolacu used a Facebook message to launch a harsh attack on the administration led by Ilie Bolojan, asserting that the country slipped from the EU's second-place growth ranking to the top spot for economic contraction. He argued that the government's austerity policies have eroded the buying power of retirees and salaried workers, suppressed consumer spending, deterred foreign investors and pushed youth unemployment to the highest level in Europe.

Ciolacu pointed to a rise in the euro's value against the leu, from 5.03 in May 2026 to 5.34 currently, and to an increase in public debt and its share of GDP. He said these trends are confirmed by official Eurostat, INS and BNR figures, and warned that without urgent policy change Romania's economic future is at risk.