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(AFX UK Focus) 2010-06-25 09:52 INSTANT VIEW 1-Romania court rules some cuts illegal [Jun 25, 2010] BUCHAREST, June 25 (Reuters) - Romania's Constitutional Court rejected some parts of a key austerity package related to pensions on Friday, endangering a vital IMF-led aid deal, local news agency Agerpres reported, citing judicial sources. The court said an official announcement would follow shortly. [via YahooNews] More >>

(AFX UK Focus) 2010-06-25 09:49 Romania leu, stocks fall after austerity decision [Jun 25, 2010] BUCHAREST, June 25 (Reuters) - Romania's leu and blue-chip stocks fell on Friday after local press reported the country's top court rejected some of the government's austerity measures related to pensions. The leu was down 0.5 percent on the day at 4.26 per euro by 0931 GMT and the blue-chip BET index was 2.1 percent lower at 5,029.51 points. [via YahooNews] More >>

(AFX UK Focus) 2010-06-25 09:40 Romania court rules some cuts illegal - agency [Jun 25, 2010] BUCHAREST, June 25 (Reuters) - Romania's Constitutional Court rejected some parts of a key austerity package related to pensions on Friday, endangering a vital IMF-led aid deal, local news agency Agerpres reported, citing judicial sources. The court said an official announcement would follow shortly. Disbursement of about 2 billion euros in aid from the International Monetary Fund and the ... [via YahooNews] More >>

Nine O'Clock [Jun 07, 2010] Income cuts will not be enforced as of June 1, but only after austerity laws come in effect. Opposition filed no-confidence vote immediately after Bocs Parliament test. Street protests raged forth both in Bucharest and elsewhere across the country. [via YahooNews] More >>

Despite intimidations, public sector employees go on general strike [Jun 01, 2010] Hundreds of thousands of public workers went on general strike throughout Romania against the Governments austerity plan. Administration ground to a halt, most hospitals handled only emergency cases and six border crossing points were blocked. [via YahooNews] More >>

Nine O'Clock [May 31, 2010] Hundreds of thousands of public workers went on general strike throughout Romania against the Governments austerity plan. Administration ground to a halt, most hospitals handled only emergency cases and six border crossing points were blocked. [via YahooNews] More >>

President Basescu slams opponents of austerity measures [May 27, 2010] After he met parliamentary groups of the ruling coalitions parties on Tuesday evening, President Traian Basescu came out with new explanations for the austerity measures. The head of state reiterated that although they are very harsh, these measures are necessary. [via YahooNews] More >>

Romania Passes Lustration Act amidst Mass Protest in Bucharest [May 19, 2010] Tens of thousands of demonstrators gathered Wednesday in the Romanian capital Bucharest to protest against the cabinet's austerity measures. According to different reports the crowd includes anywhere between 20 000 and 50 000 people. [via YahooNews] More >>

Market Commentary and Intraday News [May 17, 2010] (AP:BUCHAREST, Romania) Romanian unions on Monday rejected a government austerity plan to cut public wages by one-fourth and pensions by 15 percent, calling for a compromise to prevent strikes in the public sector. [via YahooNews] More >>

Market Commentary and Intraday News [May 17, 2010] (AP:BUCHAREST, Romania) Romanian unions on Monday rejected a government austerity plan to cut public wages by one-fourth and pensions by 15 percent, calling for a compromise to prevent strikes in the public sector. [via YahooNews] More >>

Romania: IMF will unblock aid when austerity cuts effective [May 10, 2010] (BUCHAREST ) - The IMF board will unblock a new disbursement of its aid package to Romania when austerity measures announced by the government are effective, an IMF representative said Monday. [via YahooNews] More >>

Romania awaits IMF money after austerity plan [May 07, 2010] (BUCHAREST ) - Romania awaited a crucial IMF loan on Friday after announcing drastic austerity cuts, while trade unions threatened to stage massive protests and the opposition branded the plan "social genocide." [via YahooNews] More >>

Romania?s Rating Outlook Raised to Stable at S&P (Correct) (Bloomberg) [Mar 10, 2010] (Corrects fifth paragraph to show zloty is best performer.) March 10 (Bloomberg) -- Romania?s credit rating outlook was raised to stable at Standard & Poor?s after the International Monetary Fund resumed a bailout loan to the country and the government passed an austerity budget. [via YahooNews] More >>

Romania?s Rating Outlook Raised to Stable at S&P (Update1) (Bloomberg) [Mar 10, 2010] March 10 (Bloomberg) -- Romania?s credit rating outlook was raised to stable at Standard & Poor?s after the International Monetary Fund resumed a bailout loan to the country and the government passed an austerity budget. [via YahooNews] More >>