“Time has come to resume the surface mining exploitation, whether we talk about the gold or the copper. I don’t support a particular solution. If the Government decides to exploit the gold by making investments, it is fine, it should go for it. If the Government considers fit a partnership with foreign investors, it should do that, but we could no longer remain without job opportunities as the pension fund deficit could only be covered through creating job opportunities,” said Basescu.
Basescu added Romania faces a structural deficit, which is generated by a small number of people on the labor market compared with the high number of retired persons.