Socialist Party of Labour

The Socialist Party of Labour (Romanian: Partidul Socialist al Muncii, PSM) was a left wing-nationalist political party in Romania. The party was labelled as neo-communist. It was founded on 16 November 1990. The chairman of the party was Ilie Verdeţ, former Communist Prime Minister between 1979 and 1982, under Secretary General Nicolae Ceaușescu.^[1]

Socialist Party of Labour Partidul Socialist al Muncii
Abbreviation	PSM
Chairperson	Ilie Verdeț
Founded	16 November 1990
Dissolved	July 2003
Preceded by	Romanian Communist Party
Merged into	PSD (faction)
Succeeded by	PSR (faction)
Ideology	Neo-communism Left-wing nationalism Democratic socialism
Political position	Left-wing to far-left
National affiliation	National Bloc (senate) Red Quadrilateral
Politics of Romania Political parties Elections

At the 1992 general election, the party obtained roughly 3% of votes and thus entered the parliament. Together with the Greater Romania Party (PRM), the PSM formed the "National Bloc" faction in the Romanian Senate. The PSM participated in the so-called Red Quadrilateral coalition that included Iliescu's Democratic National Salvation Front (FDSN), the Greater Romania Party (PRM; at that time national communist), the Agrarian Democracy Party (PDAR), and the nationalist Romanian National Unity Party (PUNR).^[2]

Later, the Socialist Party of Labour (PSM) gradually lost its influence. In July 2003, the party fused with the Social Democratic Party (PSD); members who objected to the fusion formed a splinter group, called the Socialist Alliance Party (PSR).