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Isarescu: Decision of CCR on unconstitutionality of Swiss franc loans conversion is correct

mugur isarescu

The decision of the Constitutional Court on the unconstitutionality of the draft law regarding the conversion of Swiss franc loans is correct, said on Tuesday the Governor of the National Bank of Romania (BNR) Mugur Isarescu, in a press conference. "It is a correct decision. It should be put into practice and I think that concerning those who have Swiss franc loans the solution is provided in the Civil Code, in the chapter of unpredictability. There can be found solutions through bilateral negotiations, same as, in the last years the BNR also suggested as being the feasible way for reaching a solution of sharing the burden," Isarescu said.

The Constitutional Court of Romania (CCR) decided on Tuesday that the draft law regarding the conversion of Swiss franc loans is unconstitutional. "The Court admitted the exception of unconstitutionality and admitted that the law is unconstitutional for at least two major reasons. The first one is the serious violation of the principle of bicameralism, in the sense that since the legislative draft that started at the Senate and up to the act adopted by the decision-making Chamber there is a consistent difference. The Senate adopted the law in the formula drew up by the initiators, and the Chamber of Deputies changed basically almost all the legislative solutions, all the articles. Or, according to our constant practice, when (...) consistent solutions are changed, it is deemed that the principle of bicameralism is violated," the head of the CCR, Valer Dorneanu, announced after the sitting on Tuesday.

According to him, the fact that the second Chamber is decision-making body does not mean that it can adopt the law "only in its own way," being also necessary to take into account the expression of the adopted texts in the first Chamber.

Agerpres

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