Romania


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.

BRUSSELS - France clashed with Germany and the European Central bank on Monday, rejecting any proposal that would punish European Union nations with near-automatic sanctions if they fail to keep their debt and budget deficits within limits.

BRUSSELS - Germany and the European Central Bank backed proposals on Monday to punish European Union nations with near automatic sanctions if they fail to keep their debt and budget deficits within limits.

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.
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