InfoAnda - Romania PM demands president resign, row persists |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Oscar-winning film-makers deny 'Japan-bashing' | 8 March 2010
Palm hires advisers, explores options: source | 13 April 2010
Baghdad blasts kill 35, destroy seven buildings | 7 April 2010

A Minute With: Eat Pray Love director Ryan Murphy | | 13 August 2010

Forum Views () Forum Replies ()

Read more with google mobile : Romania PM demands president resign, row persists |

Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Social Pulse Business Video The Freeland File Aerospace & Defense Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Campaign Polling Tales from the Trail Political Punchlines Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Bernd Debusmann Nader Mousavizadeh Lucy P. Marcus David Cay Johnston Bethany McLean Anatole Kaletsky Edward Hadas Hugo Dixon Ian Bremmer Lawrence Summers Susan Glasser The Great Debate Steven Brill Jack & Suzy Welch Frederick Kempe Christopher Papagianis Mark Leonard Breakingviews Equities Credit Private Equity M&A Macro & Markets Politics Breakingviews Video Money Money Home Tax Break Lipper Awards 2012 Global Investing MuniLand Unstructured Finance Linda Stern Mark Miller John Wasik James Saft Analyst Research Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Money Clip Investing 201 Life Olympics Health Sports Arts Faithworld Business Traveler Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Full Focus Video Reuters TV Reuters News Article Comments (0) Full Focus Editor's choice Our best photos from the last 24 hours. See more Images of June Follow Reuters Facebook Twitter RSS YouTube Read Olympics-Swimming-Medallist Lu hits out at Chinese training regimes 29 Jul 2012 Ticket backlash overshadows Games 29 Jul 2012 Colorado shooting suspect faces formal charges in court 9:11am EDT German renewables output hits record high in H1 26 Jul 2012 Euro zone crisis heads for September crunch 29 Jul 2012 Discussed 97 Obama attacks on taxes and Bain hit Romney ratings 84 Colorado massacre suspect silent in first court hearing 79 Romney backs Israel if needs to strike Iran: aide says Sponsored Links Pictures Reuters Photojournalism Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography. See more | Photo caption London's opening Highlights from the Opening Ceremony of the London 2012 Olympic Games. Slideshow The Olympic Village Where the athletes will live during the London Olympics. Slideshow Romania PM demands president resign, row persists Tweet Share this Email Print Related News Romanian president survives impeachment referendum Sun, Jul 29 2012 Romanians vote on impeaching president, he urges boycott Sun, Jul 29 2012 Romanian president tries to evade impeachment Sat, Jul 28 2012 Romania's suspended president asks voters to boycott vote Fri, Jul 27 2012 Romanian PM tests limits of EU's patience Wed, Jul 25 2012 Analysis & Opinion Let 17-year-olds vote Get me to the court on time Related Topics World » Romania's Prime Minister Victor Ponta casts his ballot at a voting station in Bucharest, during a referendum on Romania's President Traian Basescu's impeachment, July 29, 2012. Credit: Reuters/Bogdan Cristel By Luiza Ilie and Sam Cage BUCHAREST | Mon Jul 30, 2012 10:45am EDT BUCHAREST (Reuters) - Romanian Prime Minister Victor Ponta demanded the president resign on Monday, saying he had lost all credibility, but Traian Basescu refused, indicating Sunday's referendum had not ended a feud which has delayed vital economic reforms. The election bureau said turnout in the referendum, called by Ponta to seek support for Basescu's impeachment, was 46 percent - below the 50 percent needed to make it valid - though 88 percent of those who did vote, backed Basescu's removal. The result - still to be confirmed by the Constitutional Court - lifted the leu currency, but meant the unresolved feud could dominate parliamentary elections in November and slow reforms linked to an aid deal backed by the International Monetary Fund. "He (Basescu) will probably stay in Cotroceni (presidential palace), will have cars, villas and some profiteers around him who will continue to advise and praise him," Ponta said. "But for the Romanian people he stopped being a leader last night." Basescu, a conservative whose perceived cronyism and support for economic austerity has made him unpopular, said he would not quit because the vote had shown that more than half of Romanians did not want to remove him. He had called for a boycott of the referendum. The 88 percent vote for his impeachment, even on a low turnout, undermined Basescu's authority, but the result also reflected badly on Ponta's leftist Social Liberal Union (USL), the ruling party, analysts said. "The political class was slapped by Romanians yesterday and it's time ... it understood that it can't go on without a minimum shred of consensus," said Sergiu Miscoiu of the political think tank CESPRI. "Ponta's comments suggest he will continue with his belligerent attitude, which he may have learnt from Basescu," said Miscoiu. "There is a need for reconciliation if we want to clean up Romania's image and have somewhat functional institutions." Basescu's role - he can block legislation once before being over-ruled by parliament, controls foreign policy and appoints the chief prosecutor and some judges - means he can delay but not stop reforms such as privatizations and health reforms. CONCERN OVER REFORM DELAYS The IMF will start a review of Romania's 5 billion euro aid deal this week, having delayed it until after the referendum, and may raise concerns over delays in cutting the budget deficit and carrying out longer-term reforms. The European Commission had no immediate comment on the referendum result. Brussels had accused Ponta of undermining the rule of law and intimidating judges in his drive to remove Basescu, and had insisted he respect the Constitutional Court's ruling that the referendum's validity depended on a 50 percent turnout. The election bureau said it would send its final count to the Constitutional Court on Wednesday. "(Ponta's) USL has the chance to repair some of the damage in the relationship with the EU by accepting the decision of the Constitutional Court without pushing for the removal of the president," said Otilia Simkova, analyst with Eurasia Group. Brussels has had more success with Romania than with neighboring Hungary, where Prime Minister Viktor Orban has often been at loggerheads with the bloc over issues like the independence of the central bank and the judiciary. "Sadly those 8 million people (against Basescu) don't seem to matter. On the other hand, Ponta managed to do exactly the same thing as Basescu, split the country into two," said Iulian Manolescu, a 38-year-old economist. The failed impeachment may damage the popularity of the USL, which remains favorite to win the parliamentary election in November, but may now be unable to secure an outright majority. Basescu's survival eased some market concerns, because if he had lost there would have been two elections - presidential and parliamentary - in the next few months. The leu rose 1 percent in early trading, moving away from record lows against the euro, though dealers said gains could be short-lived. (Additional reporting by Ioana Patran and Andreea Birsan, editing by Tim Pearce) World Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter Facebook LinkedIn RSS Podcast Newsletters Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Monday, 30 July 2012
Romanian president may keep job on low turnout |
Greyjing? Air pollution fouls Beijing's name |
First Pisa, now Rome's Colosseum
Don't tweet if you want TV, London fans told |
Olympics soundtrack races into British charts |
Hollywood extends slow turnaround in home video sales |
Syria says it recaptures Aleppo district after battle |
Iran's Khamenei: reliance on oil sales a trap |
China paper blames poor government decisions for violent protest |
Russia's Pussy Riot on trial for cathedral protest |
Yemen vows to track down kidnappers of Italian embassy officer |
Eight dead after Polish train hits bus |
Mali interim president announces new posts in transition shake-up |
Japan's Hitachi Q1 operating profit beats market consensus |
NBC gets Twitter backlash over Olympics, but record TV audience |
Russia's Pussy Riot on trial for cathedral protest |
Pakistan to push for intel share at U.S. talks |
Iran says to keep Hormuz open as long as it serves its interests |
Assange's mother says WikiLeaks founder under stress |
Indonesia challenges EU over duties at WTO |
Slovaks want Hungary to extradite war crimes suspect |
Daylight shoot-out rocks Kazakh financial capital |
Yemeni gunmen vacate Interior Ministry after protest |
Romania PM demands president resign, row persists |
Oracle to buy software maker Xsigo |
Analysis: Critics assail 1980s-era hacking law as out of step |
Taiwan university sues Apple over speech recognition patents |
Mexico's Cemex signs 10-yr outsourcing deal with IBM |
Hungary's Sziget festival gets boost from Glastonbury founder |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01