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Romanian government falls on confidence vote
Agda1
4/27/2012 10:29:38 AM  |  | 123 reads  | Post #30993060
 

http://news.yahoo.com/romanian-government-falls-confidence-vote-125424091.html

BUCHAREST (Reuters) - Romania's centre-right government collapsed on Friday when it lost a vote of confidence two months after taking office, raising the prospect of months of political turmoil and casting doubts on an austerity programme.

[...]

President Traian Basescu, a close ally of Ungureanu, must nominate a new prime minister who will have to gain parliament's backing. It could be a complicated process due to the split of parties and it may be months before a new government is in place.

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Pacific North West Capital Corp. (TSX: PFN; OTCQX: PAWEF; Frankfurt: P7J) is a mineral exploration company focused on the discovery, exploration and development of PGM and nickel-copper sulphide deposits in geologically prospective regions in North America, particularly Canada. The Company's key asset is its 100% owned River Valley PGM Project in the Sudbury region of northern Ontario. The River Valley Project is one of North America's most advanced primary PGM deposits...