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
AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e
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
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
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)
Slideshow
Full Focus
Photos of the week
A look at our top images of the past week. See more
Images of June
Follow Reuters
Facebook
Twitter
RSS
YouTube
Read
Romney's adventure abroad begins with stumbles
|
26 Jul 2012
Queen's "Bond girl" stunt crowns majestic rebrand
11:17am EDT
Discussed
105
Penn State hit with $60 million fine, other penalties for Sandusky scandal
97
Obama attacks on taxes and Bain hit Romney ratings
84
Colorado massacre suspect silent in first court hearing
Watched
Philippines' gunsmiths emerge from underground
Sat, Jul 28 2012
Camera system brings new focus to ball sports
9:08am EDT
Refugees flee as Syria clashes worsen
12:00pm EDT
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
Romanian president may keep job on low turnout
Tweet
Share this
Email
Print
Related News
Most vote to impeach Romania president-exit poll
4:21pm EDT
Turnout falls short of threshold in Romania vote
5:45pm EDT
Related Topics
World »
1 of 4. Romania's interim President Crin Antonescu casts his ballot at a polling station in Bucharest July 29, 2012. Romania's unpopular President Traian Basescu may survive an impeachment referendum on Sunday thanks to a requirement that turnout must be more than half for the vote to be valid.
Credit: Reuters/Bogdan Cristel
By Luiza Ilie and Sam Cage
BUCHAREST |
Sun Jul 29, 2012 5:45pm EDT
BUCHAREST (Reuters) - Low turnout on Sunday for a referendum to impeach suspended Romanian President Traian Basescu looked likely to derail the effort by his opponents to oust him from office.
The election bureau said turnout was 37.7 percent by 8 p.m., suggesting Prime Minister Victor Ponta's leftist Social Liberal Union (USL) would find it hard to get half the electorate to vote by the time polls close at 11 p.m.
Unless at least 50 percent of voters cast a ballot, the referendum would be invalid, setting the stage for more clashes between Basescu and his opponents in the government.
Ponta's efforts to unseat Basescu have already brought a stern dressing-down from the European Union, which accused him of undermining the rule of law and intimidating judges.
Ponta, whose government took office in May, has suspended Basescu and held the referendum to seek popular backing for his impeachment for overstepping his powers. The president is unpopular for backing austerity and for perceptions of cronyism.
Opinion polls show some 65 percent of Romanians want to remove the former sea captain from office, but the opposition had called for a boycott of the vote.
Many people were on holiday on referendum day as the temperature hit 39 C (102 F), prompting the government to set up extra polling stations, many of them at seaside restaurants and hotels, to make it easier to vote.
"Even though my wife works in the public sector and Basescu cut her salary, I will not vote and this should tell you how much I distrust the USL," said Ionut Bragan, a professional driver waiting to cross the road in Bucharest's sweltering sun.
The electoral bureau's figures have a margin of error of three percentage points and do not include Romanians voting abroad, so final turnout figures - probably due on Monday - could yet make it a close call.
Basescu initially urged Romanians to vote against what he called a coup d'etat, but this week he changed his mind and he and his allies, the opposition Democrat Liberal Party (PDL), asked supporters to boycott the referendum, citing concern about the possibility of electoral fraud.
"I voted to take him down because he cut my pension and he doesn't deserve to be in power," said Sandu Neacsu, a 66-year-old pensioner from Pantelimon near the capital Bucharest.
EU PRESSURE
Romania has made progress since the 1989 overthrow of communist dictator Nicolae Ceausescu and joined the EU in 2007, but the economy slipped back into recession in the first quarter of this year and pockets of severe poverty remain.
Ponta felt the full weight of EU wrath after his government took on the Constitutional Court, threatening to replace judges and reduce its powers, and ignoring one of its decisions. Brussels said it was concerned about the government's respect for the rule of law, democratic procedures and the judiciary.
The government had tried to make it easier to impeach Basescu by removing the minimum turnout rule, but was forced to back down following harsh EU criticism and a Constitutional Court ruling that a 50 percent turnout was obligatory.
The row over Basescu has delayed policymaking, sent the leu currency plunging to record lows, and pushed up borrowing costs. It also raised concern about the future of Romania's 5 billion euro ($6.2 billion) International Monetary Fund-led aid deal.
The IMF has said it will begin a two-week review of the deal on July 31, a week later than planned because of the impeachment referendum.
Brussels has a wide range of levers with which to put pressure on Romania, whose justice system is under EU monitoring. Romania gets European cash to help it catch up with other members and the bloc contributes to its IMF-led aid deal.
Ponta promised to respect the rule of law and the independence of the judiciary, but Brussels replied that it had yet to see proof of this, for example by the replacement of a USL loyalist with a neutral figure as public ombudsman.
If Basescu is impeached, a presidential election will be held within three months. USL co-leader Crin Antonescu would remain interim president until the vote, which could delay a parliamentary election currently expected in November.
"If the referendum fails and Basescu remains president, political instability is likely to worsen," said James Goundry, analyst with IHS Global Insight.
($1 = 0.8084 euros)
(Additional reporting by Bogdan Cristel; Editing by Sophie Hares)
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.