Romania govt coalition shatters, IMF reforms at risk


BUCHAREST (Reuters) - Romania's Social Democrats quit the coalition government on Thursday in protest at the sacking of a minister before a November presidential election, jolting markets and raising the risk of failure to meet IMF aid terms.

The centrist Democrat-Liberals (PD-L) can rule alone for a few weeks but need parliamentary approval for new ministers to replace the Social Democrats, making the support of the centrist and ethnic Hungarian opposition key to their survival.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

U.S. stocks close mixed
Italy bans NGO planes from using airports close to migrant routes
Crude futures settle lower
U.S. dollar ticks up
China's Guangxi holds culture, tourism promotion event in Vienna
Death toll from strikes on eastern Congo camps rises to 18
African experts highlight soil degradation, climate impacts on crop yields
Brazil floods death toll rises to 90, dozens still stranded
Ethiopia earns 835 mln USD from coffee export in 9 months
Floods death toll in Kenya rises to 238 as heavy rains continue

Others Also Read