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Traian Basescu

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  • Romanian government collapses amid public outrage over austerity

     
    The Romanian government collapsed Monday after weeks of protests over biting cuts meant to keep outside funding flowing to the troubled nation. Prime Minister Emil Boc said he and his Cabinet were resigning “to defuse political and social tension.”
  • Romanian government is latest victim of EU austerity

     
    Romania's government fell after a no-confidence vote and the leadership of the Czech Republic narrowly survived a similar challenge Friday in the latest challenges to European efforts to heal the Continent's debt crisis with tough spending cuts and higher...

    Romania parliament defies president, IMF, to approve tax cut

    BUCHAREST (Reuters) - The Romanian parliament's lower house approved a cut in employment taxes on Tuesday, going against the advice of the president and the IMF two months before a presidential election in the EU's second-poorest state. The leftist...

    EU readying for a fresh round of sanctions against Russia

    MOSCOW and MILAN The European Union was mulling tougher sanctions against Russia on Friday, following reports that Moscow had sent hundreds of regular troops to eastern Ukraine to support the separatist militias there. EU leaders could task experts...

    Romania allows local party-swapping, critics see threat to democracy

    BUCHAREST (Reuters) - Romania's government approved a temporary emergency ordinance on Thursday to let local administrations change political affiliations in a pre-election move it says will unblock policymaking but which critics say threatens democracy....