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Tuesday, 11 December 2012 - Romanian president weighs options for PM after vote |
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      Edition: U.S. 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 Investing Simplified Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB Dividends World World Home U.S. Brazil China Euro Zone Japan Africa Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home 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 Nader Mousavizadeh Lucy P. 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See the best of Reuters photography.  See more | Photo caption  Syria in ruins Images of a landscape devastated by war.  Slideshow  Gay marriage in America A look at the legal battles and the controversies over gay marriage.  Slideshow  Sponsored Links Romanian president weighs options for PM after vote Tweet Share this Email Print Factbox Factbox: Romanians to elect new parliament on Sunday Sun, Dec 9 2012 Related News Romanian president weighs options for PM after vote 9:05am EST Romania government headed for parliament majority Sun, Dec 9 2012 Romania governing alliance set for majority - exit polls Sun, Dec 9 2012 Romanians vote in poll that may reopen political spat Sun, Dec 9 2012 Analysis & Opinion To see future electorate, look at California voters now Related Topics World » Middle East Turmoil » 1 of 8. Crin Antonescu, one of Romania's Social Liberal Union (USL) leaders and president of National Liberal Party, gestures after first exit polls for parliamentary elections in Bucharest December 9, 2012. Exit polls showed Romania's prime minister won a clear victory in a Sunday election, which may herald another round of a power struggle with the rightist president and complicate talks for a new IMF deal. Victor Ponta's leftist Social Liberal Union won 54-58 percent of votes according to three exit polls and is headed for a majority, but analysts said President Traian Basescu may ask someone else from the USL to form a government. Credit: Reuters/Bogdan Cristel By Luiza Ilie and Ioana Patran BUCHAREST | Mon Dec 10, 2012 2:59pm EST BUCHAREST (Reuters) - Romanian President Traian Basescu weighed his options for a new prime minister on Monday and could seek to split his rival Victor Ponta's leftist alliance, even though it scored a resounding electoral victory. Ponta's Social Liberal Union (USL) won up to 60 percent of votes in Sunday's parliamentary election, results showed. The electoral system could give it an even bigger share of seats in the Balkan country's parliament, putting Ponta in a strong position in a power struggle with the right-wing Basescu. Basescu had said he would not ask Ponta to be prime minister again after the USL failed to impeach him in July. While he has since softened his tone, he could try to split the USL by naming someone else from the alliance of leftists and liberals. Any uncertainty over a new government would delay talks over a new deal with the International Monetary Fund to replace a 5- billion-euro ($6.5-billion) agreement expiring in early 2013. The leu currency and Bucharest stocks were a touch lower and bond yields rose slightly, but dealers said they may rally if a new government is in place quickly. "We may expect any surprise coming from President Traian Basescu in nominating the next prime minister. It may not be Mr. Ponta, but definitely Basescu would have no choice but appoint someone from inside the USL," said Adrian Basaraba, politics professor at the University of Timisoara. On many indicators, Romania trails other ex-communist neighbors like Hungary, Poland and the Czech Republic. Corruption is rife, its roads and rail are outdated and it cannot provide reliable basic services such as running water and electricity to all its 19 million people nearly a quarter of a century after the fall of dictator Nicolae Ceausescu in 1989. Basescu has not yet commented on the election result. Ponta has said he hopes the vote will end the political "civil war". "I'm just waiting for the presidential decree to appoint me," Ponta told television station RTV. Ponta's party has promised to roll back the previous centre-right administration's austerity policies by cutting taxes and raising salaries, though it has limited room to do so given expectations of growth this year of just 0.4 percent. HARSH CRITICISM Romania joined the EU in 2007 but remains the second poorest and effectively a second-tier member, excluded from the passport-free Schengen zone because of corruption concerns, and with its judicial system subject to special monitoring. For its attempt to impeach the president, the USL came in for harsh criticism from the European Union and United States, which accused it of undermining the rule of law. Political analysts say that could discourage it from more radical steps. In Oslo, European Commission President Jose Manuel Barroso told Reuters there would be no difficulty working with Ponta. "There was concern expressed by us regarding some decisions taken in Romania, but I think Prime Minister Ponta addressed our concerns and he has shown his commitment to correct things that were from our point of view inappropriate," Barroso said. In recent weeks the outspoken Basescu has stopped short of saying he would reappoint Ponta - saying only that he would seek someone to act in the country's best interest. Given Sunday's emphatic win, it would be difficult for the former sea captain to name anyone other than Ponta without appearing to undermine the constitution and rule of law himself, which could prompt the USL to try and impeach the president again and another bout of uncertainty. With 96 percent of votes counted, Basescu's Right Romania Alliance (ARD) allies were in second place on 17 percent and populist Dan Diaconescu on 14 percent, the election bureau said. "Our wish is to consider that this day puts an end to a civil war...which has destroyed a large part of Romania, destinies, lives and hopes," Ponta said late on Sunday. An electoral system which tends to favor larger parties could give the USL an even bigger proportion of seats in parliament. With two-thirds of seats it could change the constitution, as Viktor Orban has done in neighboring Hungary. But political analysts said it may prefer not to be too confrontational given the criticism it faced from the EU over the attempt to impeach Basescu, when it was forced to back down on some proposed changes to laws. "Perhaps he will delay things a little, but ultimately I believe the president will nominate Ponta," said Sergiu Miscoiu, an analyst with the CESPRI political think tank. (Additional reporting by Luke Baker and Balazs Koranyi in Oslo; Editing by Michael Roddy) World Middle East Turmoil 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. 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.

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