Romania's President Traian Basescu addresses the Parliament in Bucharest March 12, 2013. REUTERS/Bogdan Cristel
BUCHAREST (Reuters) - Romania's president and his arch rival the prime minister must reach a compromise by next week over a proposed fuel tax backed by the International Monetary Fund, to keep a 4 billion euro aid deal on track for the European Union's second poorest country.
The spat between Traian Basescu and Prime Minister Victor Ponta could harm five years of deficit-cutting and market-oriented reforms that Bucharest has implemented under aid packages since 2009.
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