BUCHAREST (Reuters) - Romanian President Traian Basescu sought to soothe investors on Wednesday by throwing his weight behind a 4 billion-euro aid deal with the International Monetary Fund that has looked under threat from a split in the ruling coalition.
Basescu had previously refused to ratify the latest review of the deal, which is key to the economic credibility of the European Union's second-poorest state. He objected to proposals for a new fuel tax and a bank loan-support scheme.
