News tagged "bucharest"
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Romania parliament set to back new leftist government
BUCHAREST (Reuters) - Romania's new prime minister said he was condident his leftist government would win parliamentary approval on Monday and finalise a deal with international lenders to restore public wages to their previous levels. Romania's left-leaning opposition ousted Prime Minister Mihai Razvan Ungureanu's cabinet last month after a wave of public anger against plans for spending cuts ...
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Romania seals deal with IMF to raise public wages
BUCHAREST (Reuters) - Romania has sealed an agreement with international lenders to restore public wages to their previous levels, a senior official said, as part of the government's efforts to ease an unpopular austerity program. The International Monetary Fund (IMF) has said Romania has some space to ease austerity, which included a 25 percent cut in public sector salaries in 2010. Some have ...
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Analysis: Central Europe walks austerity tightrope
BUCHAREST (Reuters) - When Romania's government cut salaries by a quarter in 1931, it collapsed and the country ran through 22 different cabinets in a decade and slid into dictatorship and war. Eight decades later, another government introduced a similar austerity measure under an International Monetary Fund-led bailout. It fell and parliament threw out its successor after just two months ...
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Howls Of Derision In Bucharest As Romania Statue Unveiled
A statue representing the birth of the Romanian nation has been greeted with derision by the public and critics. The sculpture, unveiled outside Bucharest's National History Museum, portrays a naked Roman emperor Trajan carrying a wolf.
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Romania's junior party says to back new government
BUCHAREST (Reuters) - A former ally of Romania's toppled government said on Sunday it would back a new left-led alliance in a confidence vote expected in the next 10 days, saying political stability was crucial as the country seeks to emerge from an economic crisis.
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Ally of ousted cabinet to back new Romania government
BUCHAREST (Reuters) - A former ally of Romania's toppled government said on Sunday it would back a new left-led alliance in a confidence vote expected in the next 10 days, saying political stability was crucial as the country seeks to emerge from an economic crisis.
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Romania's junior party says to back new government
BUCHAREST (Reuters) - A former ally of Romania's toppled government said on Sunday it would back a new left-led alliance in a confidence vote expected in the next 10 days, saying political stability was crucial as the country seeks to emerge from an economic crisis.
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Romania Won?t Cut Rates as Political Turmoil Sinks Leu
Romania?s central bank will probably refrain from cutting its benchmark interest rate for a fifth consecutive meeting after the government collapsed for a second time this year, weakening the leu, analysts from London to Bucharest said.
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Ally of ousted cabinet to back new Romania government
BUCHAREST (Reuters) - A former ally of Romania's toppled government said on Sunday it would back a new left-led alliance in a confidence vote expected in the next 10 days, saying political stability was crucial as the country seeks to emerge from an economic crisis. Eugen Nicolicea, vice president in the National Union for Romania Progress (UNPR), said his party had attached no strings to its ...
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Ally of ousted cabinet to back new Romania government
BUCHAREST (Reuters) - A former ally of Romania's toppled government said on Sunday it would back a new left-led alliance in a confidence vote expected in the next 10 days, saying political stability was crucial as the country seeks to emerge from an economic crisis. Eugen Nicolicea, vice president in the National Union for Romania Progress (UNPR), said his party had attached no strings to its ...
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Romania's junior party says to back new government
BUCHAREST (Reuters) - A former ally of Romania's toppled government said on Sunday it would back a new left-led alliance in a confidence vote expected in the next 10 days, saying political stability was crucial as the country seeks to emerge from an economic crisis. Eugen Nicolicea, vice president in the National Union for Romania Progress (UNPR), said his party had attached no strings to its ...
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Ally of ousted cabinet to back new Romania government
BUCHAREST (Reuters) - A former ally of Romania's toppled government said on Sunday it would back a new left-led alliance in a confidence vote expected in the next 10 days, saying political stability was crucial as the country seeks to emerge from an economic crisis. Related Stories French journalist missing after Colombia FARC battle Sarkozy says Socialists using Gaddafi as distraction Saleh to ...
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Ally of ousted cabinet to back new Romania government
BUCHAREST (Reuters) - A former ally of Romania's toppled government said on Sunday it would back a new left-led alliance in a confidence vote expected in the next 10 days, saying political stability was crucial as the country seeks to emerge from an economic crisis. Eugen Nicolicea, vice president in the National Union for Romania Progress (UNPR), said his party had attached no strings to its ...
More >>
Romania's junior party says to back new government
BUCHAREST (Reuters) - A former ally of Romania's toppled government said on Sunday it would back a new left-led alliance in a confidence vote expected in the next 10 days, saying political stability was crucial as the country seeks to emerge from an economic crisis. Eugen Nicolicea, vice president in the National Union for Romania Progress (UNPR), said his party had attached no strings to its ...
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Romania left-wing opposition leader named PM
BUCHAREST (AFP) - Romanian President Traian Basescu wasted no time Friday naming a left-wing opposition leader to succeed the toppled centre-right prime minister in a bid to reassure financial markets.
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Romanian government toppled, Czechs face test too
BUCHAREST/PRAGUE (Reuters) - Romania's opposition torpedoed the centre-right cabinet in a confidence vote on Friday, raising the prospect of months of political turmoil and questions over a belt-tightening campaign that has caused a wave of protests against IMF-backed reforms. Prime Minister Mihai Razvan Ungureanu's two-month-old government is the latest in a string of austerity-minded ruling ...
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Romania left-wing opposition leader named PM
BUCHAREST (AFP) - Romanian President Traian Basescu wasted no time Friday naming a left-wing opposition leader to succeed the toppled centre-right prime minister in a bid to reassure financial markets.
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Romanian government toppled, Czechs face test too
BUCHAREST/PRAGUE (Reuters) - Romania's opposition torpedoed the centre-right cabinet in a confidence vote on Friday, raising the prospect of months of political turmoil and questions over a belt-tightening campaign that has caused a wave of protests against IMF-backed reforms.
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Romania president nominates opposition leader as PM
BUCHAREST (Reuters) - Romania's President Traian Basescu nominated leftist opposition leader Victor Ponta as new prime minister on Friday, to form a government after parliament torpedoed a two-month old centre-right cabinet in a no-confidence vote. "Victor Ponta is the prime minister designate. He was the only proposition made by three political parties," Basescu told a news briefing. "I do hope ...
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Instant View: Confidence vote topples Romania government
BUCHAREST (Reuters) - Romania's government lost a confidence vote on Friday just two months after it took office, raising the prospect of months of political turmoil and questions over its austerity programme. Here is some reaction to the news: MARKET REACTION Romania's leu hit an all-time low at 4.4010 per euro after the news and traded 0.4 percent lower on the day. DAN BUCSA, UNICREDIT TIRIAC ...
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