Austerity is hazardous for a politican's heatlh.
"Romania's right-leaning government became the latest political causality of Europe's austerity drive when it unexpectedly lost a parliamentary confidence vote Friday, calling into question the willingness of politicians to stick with the painful measures intended to shore up state finances."
Wall Steet Journal, April 28-29 Weekend edition, pg. A9.
"Romanian President Traian Basescu designated left-wing opposition leader Victor Ponta as new prime minister."
"I have tasked Victor Ponta with forming the new government," Mr Basescu said, according to AFP news agency.
"Earlier, Mr Ponta welcomed the no-confidence vote, saying it marked the end of "an abusive system that uses any weapon possible."
"Today there was justice," he said.
It's not exactly clear exactly what the changes Pinto will make. While he reportedly is an admire of Che Guevera he has said that he will honor agreements with the EU and IMF. Yet he also promises to end an "abusive system." How he can do both at once remains to be seen. But is another happy sign that the people of Europe are making their preferences clear. With the predicted victory of Hollande over Sarkozy in France, the recent fall of a Center-Right government in Holland, the fall of Papandrou in Greece, it is clear that austerity is not only very bad for a nation's economy but for the health of a politicians career. In Czechoslavkia a Center-Right government barely held on, but it was very close.
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