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Romania PM Boc resigns after protests

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Story Update : Monday, February 06, 2012    11:25 PM

Romania''s Prime Minister Emil Boc resigned on Monday after weeks of nationwide protests against austerity measures and before a parliamentary election due late this year. Boc enforced the cuts, including slashing public salaries by a quarter and raising sales tax, to complete a 20 billion euro ($26.24 billion) International Monetary Fund bailout deal and boost the economy after a deep and bitter recession.

Thousands of Romanians have braved freezing temperatures in the last month to protest against Boc and his ally, President Traian Basescu. “It is the moment for important political decisions. From this point of view, I took the decision to give up the government''s mandate,” Boc said in a speech after a government meeting.

His centrist PDL party scores less than 20 percent in opinion polls, with a parliamentary election due late this year. Victor Ponta, leader of the leftist USL opposition alliance which has more than 50 percent support in opinion polls, told Reuters last week he wanted an early election and was committed to working with the IMF.

“It''s very likely that the next prime minister will be a technocrat, probably from the central bank or even someone from the central intelligence services ,” said political commentator Mircea Marian.

“Boc''s resignation doesn''t mean there will necessarily be a domino effect. But the other ministers will have to make their own decisions on whether they will leave or hold out until the elections in the fall.”
($1 = 0.7621 euros)

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