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Thursday, 1 October 2009 - Romanian leftists quit coalition government | International |
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    Read more with google mobile : Romanian leftists quit coalition government | International |

    My Profile    Top News Reuters top ten news stories delivered to your inbox each day. Subscribe You are here: Home > News > International > Article Home Business & Finance News U.S. Politics International Technology Entertainment Sports Lifestyle Oddly Enough Health Science Special Coverage Video Pictures Your View The Great Debate Blogs Weather Reader Feedback Do More With Reuters RSS Widgets Mobile Podcasts Newsletters Your View Make Reuters My Homepage Partner Services CareerBuilder Affiliate Network Professional Products Support (Customer Zone) Reuters Media Financial Products About Thomson Reuters Romanian leftists quit coalition government Thu Oct 1, 2009 7:28am EDT   Email | Print | Share | Reprints | Single Page [-] Text [+] By Radu Marinas BUCHAREST (Reuters) - Romania's Social Democrats quit the coalition government on Thursday in protest at the sacking of a minister, raising the risk of the country failing to meet IMF conditions for aid. The centrist Democrat-Liberals (PD-L), the Social Democrats' coalition partners, can rule alone for a few weeks but will have to seek parliament's approval for new ministers and their survival will depend on support from the opposition. The center-left coalition went into crisis this week after Prime Minister Emil Boc suddenly sacked interior minister Dan Nica and proposed a replacement from his own PD-L party before a November 22 presidential election. On Thursday President Traian Basescu, who has links to the PD-L, approved Nica's dismissal. "All PSD ministers, supporting Dan Nica, are announcing their resignation from government," PSD leader Mircea Geoana told reporters after an emergency party meeting. "The president succeeded in triggering a political crisis." Economists said the break-up of the coalition put in question Romania's ability to meet fiscal targets set by the IMF in return for the 20 billion euro aid package it led for Romania this year. "It's still very early days and one should be careful in jumping to conclusions. But of course one needs to see how a minority government, if that's what we do get, can continue to adhere to the IMF programme. That's key," said Koon Chow, strategist at Barclays Capital. "The worst that could happen is that the next tranche will be delayed for a few months, I don't think the next government will walk out of the programme," said Raffaella Tenconi of Wood & Co in Prague. Observers said the political standoff reflected tactical maneuvering by the two ruling parties before the presidential ballot, rather than policy differences. Boc's PD-L and their leftist partners have ruled since they took power in December, sparring over cost-cutting reforms and trading blame for economic woes. "The crisis is theirs now," Nica told reporters. The presidential election pits incumbent Basescu against PSD leader Geoana. (Writing by Justyna Pawlak; Editing by Charles Dick) © Thomson Reuters 2009 All rights reserved   Share: Del.icio.us Digg Mixx Yahoo! Facebook LinkedIn     Next Article: Philippines braces for second stronger typhoon     Your View Send us your pictures Were you there when the tsunami struck? Upload your photos or video now to share what you've witnessed.  Full Coverage  More International News Thousands feared dead after Indonesia quake   |  Video China marks 60 years with spectacle of power   |  Video U.S., Iran meet at six-power nuclear talks   |  Video Provide details on Taliban, Pakistan tells U.S. Philippines braces for second stronger typhoon   |  Video More International News... Related News FACTBOX: Rifts leading to Romania coalition collapse 6:37am EDT Editor's Choice Slideshow  A selection of our best photos from the past 24 hours.  Slideshow  Most Popular on Reuters Articles Video Many swine flu deaths linked with second infection Olympics-2016 Games could be the last, says Tokyo governor China marks 60 years with spectacle of power  |  Video Samoa quake exposes tsunami warning limitations Thousands feared dead after Indonesia quake  |  Video French support softens for Polanski, Hollywood divided Israel rethinks anti-Iran warnings New media upends TV ratings system U.S. senators vote to encourage healthy behavior  |  Video Philippines raises alert for new super typhoon Most Popular Articles RSS Feed Video  Counter-insurgency at a crossroads Amateur video captures Samoa flood Healthcare bill setback for Obama Aid heads to Samoan Islands China security tight pre-anniversary Economy key in Greek elections Indonesia rocked by earthquake Tsunami carnage in American Samoa Iran, major powers head to Geneva Samoa survivor recalls tsunami Most Popular Videos RSS Feed analysis Israel rethinks Iran Israel has ramped back its rhetoric on Iran, downplaying the "existential threat" that a nuclear-armed Tehran might pose to the Jewish state. What is behind the change in tone?   Full Article  Blog: Iran, the day-after problem Iran says talks are "test" Factbox: Tougher sanctions option Reuters.com:  Help and Contact Us  |  Advertise With Us  |  Mobile  |  Newsletters  |  RSS  |  Labs  |  Journalism Handbook  |  Archive  |  Site Index  |  Video Index Thomson Reuters Corporate:  Copyright  |  Disclaimer  |  Privacy  |  Professional Products  |  Professional Products Support  |  About Thomson Reuters  |  Careers   International Editions: Africa  |  Arabic  |  Argentina  |  Brazil  |  Canada  |  China  |  France  |  Germany  |  India  |  Italy  |  Japan  |  Latin America  |  Mexico  |  Russia  |  Spain  |  United Kingdom  |  United States   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.

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