Romanian parliament approves IMF-agreed 2014 budget


  • World
  • Wednesday, 04 Dec 2013

BUCHAREST (Reuters) - Romania's parliament overwhelmingly endorsed an IMF-backed deficit-cutting budget for 2014 on Wednesday introducing new taxes and modestly raising public sector wages and pensions in the European Union's second poorest member state.

The bill will be sent to President Traian Basescu to be signed into law but he has said he will reject it because of a new tax on fuels deemed by some as damaging to the fragile economy.

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