Ponta, on individual insolvency: PSD is in favour of legislation protecting debtors

Prime Minister Victor Ponta on Monday said that the Social Democrats are in favour of a draft law on individual insolvency that should 'protect debtors.'

Photo credit: (c) Alex TUDOR / AGERPRES PHOTO

He insisted on pointing out that, concerning the draft law on individual insolvency, the position of the parties in the ruling coalition differs, as the Liberal Reformist Party (PLR) and the Conservative Party (PC) representatives support the business environment more.

'[The IMF proposals concerning the individual insolvency law] were sent to the legal committee of the Deputies' Chamber and to the coalition. Here, our opinions do not coincide. The Social Democratic Party is in favour of a legislation protecting the natural persons, as we are a left-wing party. The PLR and the PC, as right-wing parties, do not quite agree with something like this and a vote must be cast in Parliament. (...) It is also a matter of ideology. We, as a left-wing party, find it natural to back the debtors more. The right-wing parties are expected to be in favour of the business environment and banks,' Ponta pointed out on Monday evening, at the end of the ruling coalition meeting, having taken place in Parliament.

Victor Ponta criticised the National Liberal Party (PNL) position concerning this law, saying that the Liberals have even an extreme left-wing position in report with the PSD.

'Here, by far, the PNL has the most inexplicable position, as it is a right-wing party and has an extreme left position in report with us [PSD]. But our MPs, we have discussed and we shall discuss again in the parliamentary group, are in favour of a law protecting debtors (...) and regulating the protection of natural persons,' Ponta added.

At the same time, the...