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Tuesday, 21 August 2012 - Court seen reinstating Romanian president in referendum ruling |
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      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 Political Punchlines Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion 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 Health Sports Arts Faithworld Business Traveler Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Video Reuters TV Reuters News Article Comments (0) Pictures Editor's choice Our best photos from the last 24 hours.  Slideshow  Follow Reuters Facebook Twitter RSS YouTube Read Clues sought to explain British filmmaker Tony Scott's suicide | 5:16pm EDT China's Gu Kailai gets suspended death sentence | 8:42am EDT Assange berates United States from Ecuador Embassy balcony | 19 Aug 2012 Augusta, home of the Masters, admits first women members 3:18pm EDT India: Text message threats, rumors came from Pakistan | 18 Aug 2012 Discussed 138 Obama’s lead over Romney grows despite voters’ pessimism 122 Romney to announce vice presidential choice Saturday 94 Analysis: Are Israelis tough enough for a long war with Iran? 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  Seeing double A look at the world of twins.  Slideshow  Suicides in China A look at attempted suicides in China and their aftermath.  Slideshow  Court seen reinstating Romanian president in referendum ruling Tweet Share this Email Print Related News Romania out of recession, Czechs, Hungary fall deeper Tue, Aug 14 2012 Romanian court moves referendum on president's impeachment Tue, Aug 14 2012 UPDATE 2-Romania court delays impeachment ruling, prolongs agony Thu, Aug 2 2012 Romania PM demands president resign, row persists Mon, Jul 30 2012 Romanian president survives impeachment referendum Sun, Jul 29 2012 Analysis & Opinion Hedge funds dodge Morrison in state-court case against Porsche India, a hawk among central bank doves Related Topics World » By Radu Marinas BUCHAREST | Mon Aug 20, 2012 4:58pm EDT BUCHAREST (Reuters) - Romania's Constitutional Court is expected to rule on Tuesday that a referendum on whether to impeach suspended President Traian Basescu is invalid - a decision that would return him to office and probably prolong his power struggle with the prime minister. The battle pitting Basescu against Prime Minister Victor Ponta, who has led a campaign to unseat the president, is testing democracy in Romania two decades after the overthrow of communist leader Nicolae Ceausescu. The crisis has stalled policymaking, sent the leu currency to record lows and raised concern in the European Union, which accused Ponta of undermining the rule of law and intimidating judges. Parliament suspended Basescu in a decision backed by Ponta's Social Liberal Union (USL) last month. In the July 29 referendum, 88 percent of those who cast ballots voted to impeach Basescu, but only 46 percent of registered voters took part, fewer than the required threshold of 50 percent of the electorate. The Constitutional Court has to validate the outcome in a politically-charged decision that was originally due on August 2 but has since been postponed. The court has asked to see revised voter lists after coming under pressure by the government, which says turnout may have been sufficient if data from a 2011 census were used and people who have died or live abroad were taken off the lists. Many political analysts say they expect the court to reject the government's argument. "I see a majority of judges voting for the invalidation of the impeachment referendum," said Sergiu Miscoiu, the director of the CESPRI Centre For Political Studies think-tank. "The government may further try to push with its validation drive and to try to further keep Basescu out of the post but it would be very difficult." Ponta, who took over three months ago to become Europe's youngest prime minister at 39, has accused Basescu of blocking government policies and turning a blind eye to graft. Ponta said he hoped the political impasse would end. "I wish a decision is taken tomorrow and this will practically help close any talk about the political crisis," he said on Monday. The Council of Europe said the court had come under "shocking" political pressure ahead of its ruling and had appealed to the council for protection. "I've lost my trust in the Constitutional Court because each and every member is placed there based on various political interests," said Alexandru Mirica, a 62-year-old pensioner In Bucharest. "If we had laws in place we wouldn't need those people anymore. I'm pretty sure that Basescu will return." POWER STRUGGLE TO LAST Basescu, a former oil tanker captain and president since 2004, has grown unpopular due to wage cuts and tax hikes he backed under two financing deals with the International Monetary Fund, signed in 2009 and 2011. The country of 19.5 million, the EU's second-poorest member, briefly dipped into a recession in the first quarter and the political turmoil has further hurt investor confidence. The IMF has said the government needs to take a string of austerity and privatization measures by the end of September to keep a 5 billion euro stand-by loan deal on course. Ponta said he would accept a decision made by at least six members of the nine-strong court, but did not elaborate on other possible scenarios. "If six decide to declare the referendum invalid ... then Basescu returns to his post," he said. However, analysts said the court is more likely to make a 5-4 decision in Basescu's favor. A decision to reinstate Basescu may end the immediate impasse but the power struggle may last until parliamentary elections in November. Most analysts expect Ponta's leftist USL alliance to win the vote. Basescu, a conservative, accused the USL of trying to stage a coup and take control of independent institutions. Basescu and anti-graft experts say Ponta's campaign to drive the president out of power may be linked to a string of corruption investigations, including the conviction of Adrian Nastase, a former prime minister and mentor to Ponta. (Addtional reporting by Andreea Birsan; Writing by Jan Lopatka; Editing by Alessandra Rizzo) World Related Quotes and News Company Price Related News 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.

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