EU Funds in Jeopardy as Romania's Political Struggle Intensifies
Resignation deprived Bolojan of a parliamentary majority.
Clashes over budget cuts, particularly EU deficit reduction, caused the crisis.
PSD plans no-confidence motion against Bolojan, possibly with opposition.
Bolojan refuses to resign, appointing interim Cabinet replacements for 45 days.
Crisis threatens 27 billion euros in EU funds.
Political scientist Miscoiu warns of stability risks from nationalism and Russia.
2 days ago