Home > News > World
Monday March 3, 2014 MYT 11:30:02 PM
Monday March 3, 2014 MYT 11:31:13 PM
BUCHAREST (Reuters) - Romania's Prime Minister Victor Ponta on Monday picked one of his economic advisers as the country's new finance minister, as he announced his ministers in his newly formed government following the departure of his main coalition ally last week.
Ioana Petrescu is an assistant professor on temporary leave from the University of Maryland. She has a PhD in Economics from Harvard University and has been an adviser to Ponta for the past six months.
"Romania needs a stable government, given that there will be two rounds of elections this year," Ponta told reporters. The government faces a confidence vote on Tuesday.
The finance minister is less powerful in Romania than in other countries, as the job's responsibilities were diluted in 2012 with the creation of a separate budget ministry.
Ponta also said he would keep Liviu Voinea, 38, as the budget minister.
(Reporting by Radu Marinas; editing by Matthias Williams)
Japan accepts US' challege for first giant robot showdown
Merkel says Greek proposals must be put on the table this week
HSBC fires six staff in London for mock IS execution video
ECB keeps tight leash on Greece ahead of euro leaders' summit
Ebola-stricken nations need $700 million to rebuild healthcare
The 3 unexpected life events that leave us in debt
Evidence mounting that Wawrinka belongs to elite
Rise to oral health challenge
Beating a path to Lagong Peak
Copyright © 1995-2015 Star Media Group Berhad (ROC 10894D)(Formerly known as Star Publications (Malaysia) Berhad)