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2012-05-20
Presidents Obama And Karzai Outline Post-2014 Afghanistan Vision At NATO Summit

Montana Wins States' Backing Over Citizens United Legal Fight

'Life Over War': U.S. Veterans Return Medals At NATO Summit

Euro-Zone Crisis: U.K. Prime Minister Cameron's Warning To Greek Voters

Chen Guangcheng's Family And Friends 'Still At Risk' In China

Nationalist Wins Serb Presidential Run-Off Election

Convicted Lockerbie Bomber, Abdelbaset al-Megrahi, Dies

Update: Italy Earthquake Kills 5 And Destroys Centuries Of History

President Obama Touts 'Emerging Consensus' On Reviving Europe

Presidents Obama, Hollande Help Tilt G-8's Balance To Stimulus

The Age Of Extreme Oil - 'This Used To Be A Forest?'

Germany Isolated Over Euro Crisis At G-8 Meeting In Chicago

Scientist Who Championed 'Gay Cure' Admits He Was Wrong

At Least 3 Dead As 5.9 Magnitude Earthquake Rocks Northern Italy

Protesters Set Stockades Ablaze In Busy Montreal Streets

2012-05-19
G-8 Leaders End Summit With Pledge To Keep Greece In Euro Zone

President Obama Takes Republicans To Task Over 'Battle' Against Wall Street Reform

Prosecutors: Three NATO Protesters Planned Attack On President Obama's Campaign Headquarters

1 Girl Killed, 7 Injured In Bomb Attack On Italian School

Syrian Car Bomb Kills Nine, Injures Hundreds

Chen Guangcheng Arrives In U.S. But Fears For Family's Safety

SpaceX Dragon To Launch This Morning At 04:55am EDT

Iran, Syria Among Top Issues For G-8 And NATO

Millennia-Old Microbes Found Alive In Deep Ocean Muck

Chen Guangcheng Says He And Family Are Set To Leave For U.S.

ScienceWonkblog - Radioactive Smuggling

Secrecyblog: NSA Declassifies Secret Document After Publishing It Online

Canada's Harper Government Shuts Down Green Business Advisory Agency

Annular Solar Eclipse Viewable From U.S. On Sunday

Unemployment Update - May 2012


Romanian Prime Minister And Cabinet Resign En Masse
2012-02-06 15:54:44 (15 weeks ago)
Posted By: Intellpuke

The Romanian prime minister and his cabinet have resigned after weeks of sometimes violent protests over widespread corruption and austerity measures.

Emil Boc said on Monday he was quitting "to release the tension in the country's political and social situation".

During his three-year rule, salaries of state employees were cut by a quarter and VAT (value added tax) increased by five percentage points, while the European debt crisis hit Romania's exports hard.

It was a toxic combination in a country that was already the second poorest in the E.U., better off only than Bulgaria, which also joined the union in 2007.

The collapse of Boc's cabinet marks the fall of yet another E.U. government since the euro crisis started to bite. Since 2009, governments in Slovakia, Slovenia, Greece, Italy, Latvia, Ireland and the Czech Republic have imploded before scheduled elections, with economic woes playing a significant role in each demise. Voters in Hungary, Spain and Portugal also signaled their unhappiness with the fiscal policies of their governments, plumping for new leaders at the ballot box.

(story continues below)




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