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)
Ex-CIA chief Petraeus to plead guilty, admits giving mistress secrets
Western leaders hint at more Russian sanctions over Ukraine
China says 2015 defence budget to rise about 10 percent this year
Iran calls Obama's 10-year nuclear demand 'unacceptable'
Malaysians abroad share how they celebrate our local festivals
8 Incredible food and wine adventures you can do in Australia!
Olympiakos chief Marinakis fines players for poor displays
Jennifer Lawrence to star in Steven Spielberg film
Travellers’ Choice Beaches for 2015
Copyright © 1995-2015 Star Publications (M) Bhd (Co No 10894-D)