Bucharest


BUCHAREST, Romania - MAL Rt., the Hungarian Aluminum Production and Trade Company, is a privately held company founded in 1995 as Hungary began to sell off state assets after the 1989 fall of communism.

BUCHAREST, Romania - The Romanian government was in an uproar Monday over austerity protests - the interior minister resigned, the opposition demanded the prime minister go as well and top police officials held emergency talks with the president.

BUCHAREST, Romania - Romania needs to borrow almost euro6 billions ($7.9 billion) next year to cover its budget deficit and plans to sign a new deal with the International Monetary Fund in 2011 to shore up the ailing economy, the president said.

BUCHAREST, Romania - Romania's unpopular government was in turmoil Thursday after the prime minister fired five Cabinet ministers, with the economy minister also saying he will quit.

BUCHAREST - In a bid to cut administrative costs, the Romanian government has decided to lay off 60,000 public sector employees.
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