09 December 2012

ROMANIA : 17 Dec. UPDATE: Basescu Reappoints PM Ponta...After Parliamentary Vote Win.

                         http://www.dw.de/romanian-president-reappoints-ponta-as-pm/a-16459116
        IST LINK CHANGE

     Despite an ugly battle of egos...between President Traian Basescu...and PM Viktor Ponta...Basescu has  reappointed Ponta as PM.
     Last Sunday...Ponta's supporters beat out bitter enemy Basescu's...with 60% of the parliamentary vote.
     PM Ponta began the ugliness when he tried to impeach the president in July.
     President Basecu had threatened not to re-appoint Ponta as PM.
     They will have to share power until 2014.
     Bucharest needs a new IMF loan in early 2013...but continued political unrest between the two men was unnerving the IMF...and threatened to delay...or kill even the much needed loan.