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Parties in the Romanian Parliament failed in negotiations to form a new government (Photo: Wikipedia)

Political deadlock delays Romania's IMF loan

Two of the major political parties in Romania refused to join talks on forming a new government on Sunday (8 November), even after international lenders warned that they would not release a payment of €1 billion as long as no real cabinet is in place.

The attempt to form a government in Bucharest is now likely to unravel yet again, one month after the Social Democrats quit a grand coalition in protest over the sacking of one of their ministers.

Romanian prime minister-designate Li...

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Parties in the Romanian Parliament failed in negotiations to form a new government (Photo: Wikipedia)

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