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01. 05. 12. - 14:00

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01. 05. 12. - 14:00

Central Bank deputy governor Florin Georgescu likely next finance minister

Michael Leidig

Florin Georgescu, the deputy governor of the National Bank of Romania is likely to be nominated the next finance minister tonight (Tue) when the PM designate will present his new Cabinet, local press informs.

Georgescu, 58,  a former finance ministry (1992-1996) might take over the job for the next six months, until the legislative elections due in late November.

By appointing Florin Georgescu, Ponta seeks to make sure that the financial stability will be kept under close watch, irrespective of the temptations to give in to populist demands under the electoral context.

The deputy governor is known for his stubbornness and powerful character, and if appointed, he would be the most experienced minister, also likely to reassure Romania’s creditors and investors by his presence in the Cabinet.

Ponta is due to present his cabinet tonight, at 9 pm, local time. The only nomination he confirmed so far is Daniel Constantin, the leader of the Conservatives, part of the Social Liberal Union that toppled the cabinet last Friday.

Tragic Ski Girl Dies
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Peak Performance
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Chinese Fakeaway
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Austrian children help Romanian kids
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Mother kills disabled daughter because she couldnt take care of her any longer
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Policeman accused of sex with the son of his girlfriend
A Policeman from Vulcan, Western Romania is currently being investigated for having sex with a minor, the son of his girlfriend, Cancan newspaper informs today (Thurs).

Serial killer survivor walks away alive after fall
An 85 year-old woman who survived the most cruel and notorious serial killer in Romania some 40 years ago, recently fell from the first floor of her apartment building and she walked away safe and sound, Cancan newspaper reports today (Thurs).

The son of Qatar Airlines BA beaten up in Romania
The son of the Board of Administration of Qatar Airlines Akbar Al Baker, was beaten up over the weekend at the launching party of a posh club in Mamaia, at the Romanian Black Sea shore, Cancan newspaper reports.

Majority starts president’s suspension procedures
A day after the Social Liberal Union (USL) legislators dismissed with a large majority of votes the two Speakers of the Parliament, the Union started today the procedures for the suspension and possible impeachment of President Traian Basescu. This is the second time when the Parliament asks for Basescu’s suspension.

Some 177 Roma repatriated by French authorities to Romania
Some 177 Romanian citizens of Roma origin were repatriated on Tuesday night from Lille, France, Romania TV news channel informs today (Weds).