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)
Peru's Humala abruptly replaces his finance minister with key adviser
Polish president nominates Kopacz as new prime minister
Polish ruling party chieftain says finance minister may be changed
Outgoing Swedish Finance minister Borg says to leave politics
Poland's president to nominate Kopacz as new PM on Monday
Arab Bank never backed Hamas, lawyer tells U.S. jury
U.S. Congress approves arming Syrian rebels, funding government
France rules out military action in Syria, prepares Iraq strikes
West tells Iran it must address nuclear bomb fears
Bahrain releases prominent human rights activist awaiting trial
Ukraine president secures U.S. military aid but not weapons
Learning without boundaries through online courses
TripAdvisor reveals Asia’s top restaurants for local cuisines
Brandao given six-month ban for Thiago Motta headbutt
Copyright © 1995-2014 Star Publications (M) Bhd (Co No 10894-D)