EURACTIV.com with Reuters Est. 4min 30-07-2012 (updated: 14-08-2012 ) Traian B?sescu and Victor Ponta Euractiv is part of the Trust Project >>> Languages: FrançaisPrint Email Facebook X LinkedIn WhatsApp Telegram Romanian President Traian Basescu survived a referendum on his impeachment on Sunday after the voter turnout fell short of the required level and derailed an effort by his opponents to oust him from office. Socialist Prime Minister Victor Ponta's efforts to unseat the conservative Basescu have brought criticism from the European Union, which accused him of undermining the rule of law and intimidating judges. The row over Basescu has delayed policymaking, sent the leu currency plunging to record lows, and pushed up borrowing costs. It also raised concern about the future of Romania's €5 billion ($6.2 billion) International Monetary Fund-led aid deal. The election bureau said the voter turnout was 46%, below the 50% threshold Ponta's leftist Social Liberal Union (USL) needed to make the referendum valid. Exit polls showed more than 80% of those who went to the ballot box had voted to remove the president. "The flame of democracy has remained alight. Romanians have rejected the coup d'etat," Basescu said. Ponta says government will respect outcome Ponta, whose government took office in May, suspended Basescu and held the referendum to seek popular backing for the impeachment for overstepping his powers. The president is unpopular for backing austerity and for perceptions of cronyism. The electoral bureau's figures have a margin of error of three percentage points and do not include Romanians voting abroad, but it is now almost certain that final figures – likely to appear today (30 July) – will show turnout was under 50%. Opinion polls had shown some 65% of Romanians wanted to remove the former sea captain from office, but the opposition had called for a boycott of the vote and many people were on holiday. The president's most important power is nominating the prime minister, which could be crucial after a November election that may leave a split parliament. The president also appoints the chief prosecutor and some judges, including to the Constitutional Court. That court, which previously said the threshold had to be observed, will make the decision on the vote's validity this week. "The Romanian government will respect all decisions of the Constitutional Court and will act as a factor of stability in the next period, regardless of whether the referendum is validated or not," Ponta said. Ponta wanted minimum turnout rule scrapped Romania has made progress since the 1989 overthrow of communist dictator Nicolae Ceausescu and joined the EU in 2007, but the economy slipped back into recession in the first quarter of this year and pockets of severe poverty remain. Ponta felt the full weight of EU wrath after his government took on the Constitutional Court, threatening to replace judges and reduce its powers, and ignoring one of its decisions. Brussels said it was concerned about the government's respect for the rule of law, democratic procedures and the judiciary. The government had tried to make it easier to impeach Basescu by removing the minimum turnout rule, but was forced to back down following harsh EU criticism and a Constitutional Court ruling that a 50 percent turnout was obligatory. Basescu initially urged Romanians to vote against what he called a coup d'etat, but this week he changed his mind and he and his allies, the opposition Democrat Liberal Party (PDL), asked supporters to boycott the referendum, citing concern about the possibility of electoral fraud. Read more with Euractiv [VIDEO] Barroso: Romania has shaken EU trustJosé Manuel Barroso, President of the European Commission, has expressed worries about the political infighting in Romania. The EU Executive has used unprecedented language in its report on Romania’s progress under the monitoring mechanism of judicial reform and fight against corruption, published on Wednesday (18 July) Subscribe now to our newsletter EU Elections Decoded Email Address * Politics Newsletters BackgroundThe European Commission expressed deep worries about the ongoing political infighting in Romania in its progress report on judicial reform and the fight against corruption in Romania. The 18 July report questions the country’s ability to comply with the EU’s fundamental principles and the sustainability and irreversibility of reform. Commission President José Manuel Barroso said that recent events in Romania had “shaken EU’s trust”. Barroso had met with Ponta the previous week and presented him with a 11-point to-do list aimed at restoring the status quo following what critics said was an attempted coup d’état and an assault on democratic values. Ponta reportedly committed to following Brussels’ advice. Further Reading EURACTIV Romania: Verdictul Oficial al Consiliului National de Etica din subordinea Ministerului Educatiei: Victor Ponta NU a plagiat EURACTIV Romania: Deutsche Welle: "Una transmite Victor Ponta la Bruxelles, altul este discursul sau la Bucuresti" Ziare.com: USL cere urmarirea penala a lui Basescu si a mai multor lideri PDL Ziarul National: USL a depus plangere penala impotriva PDL pentru “denigrarea tarii” Romania Libera: USL a depus PLÂNGERE PENAL? împotriva lui Traian B?sescu Gandul : PDL atac? la Curtea Constitu?ional? prelungirea programului de vot la referendum Jurnalul: Parlamentul, în ?edin?? extraordinar?. Senatul decide: p?streaz? pragul de prezen??, referendumul se desf??oar? între 07:00 ?i 23:00 Evenimentul Zilei: Ordonan?a privind func?ionarea CCR, adoptat? de Parlament.CCR poate judeca doar hot?rârile Paralmentului ce ?in de constitu?ionalitate BlogActiv, Reuniting Europe: Is the EU losing Bulgaria and Romania?