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PSD shakes down county branches to help pay for multi-million debts

June 2010 - From the Print Edition

To pay off historical debts of eight million Euro, the Social Democratic Party (PSD) is shaking down its county branches to each pay up 12,000 Euro a year. The PSD has paid no rent for its HQ on Soseaua Kiseleff since 2006 and has six million Euro in debts from Mircea Geoana’s time of party president between 2005 and 2010. The remaining two million Euro in debts were accumulated in the 2004 presidential election, which the PSD candidate Adrian Nastase lost. The party’s leadership is now asking for 1,000 Euro per month from each county organisation to help keep up with the PSD’s utility payments.



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