After The Presidency
The CDR government's and Constantinescu's presidency were marred by an economic recession. Nevertheless, his presidency is now credited with ending the Mineriads, a reform of the banking system, and with attracting the first major foreign investments in Romania. With dashed expectations of an immediate improvement in daily life, Romanians exhibited strong disillusionment with the major parties and politicians, with the Greater Romania Party gaining the 2nd place in the 2000 elections. A disenchanted Emil Constantinescu, who lost popularity and had failed to fulfill his reformist agenda announced on July 17 that he would not run for a second term. He temporarily withdrew from political life at the end of his term in November 2000. Constantinescu's direction in foreign affairs continued however after the comeback of Ion Iliescu in 2000. Eventually, Romania joined NATO in 2004.
The former President returned to the political scene in 2002 as head of the Acţiunea populară (People's Action) party, which eventually joined the merged into the National Liberal Party in 2008. Constantinescu has occasionally criticized the policies of the 2004-2009 president, Traian Băsescu, accusing him of authoritarian tendencies, and supported Crin Antonescu in the first round of the 2009 presidential elections.
He is a frequent speaker at the Oslo Freedom Forum and in 2010 presented the Oslo Freedom Forum with a presidential medal. He is also a member of the international advisory council of the Victims of Communism Memorial Foundation.
Read more about this topic: Emil Constantinescu
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