Economics

Romanian Cabinet Wins Confidence Vote, Vows to Keep IMF Deal

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Romanian lawmakers approved a new government as Prime Minister Mihai-Razvan Ungureanu pledged to pursue an international agreement and foster economic growth, a main condition for possible wage and pension increases.

Lawmakers voted 237-2 today in Bucharest in favor of the government’s program, which wants to keep the budget deficit within 3 percent of gross domestic product, Vasile Blaga, the chairman of Romania’s upper Senate house, said. Opposition legislators want to challenge the vote in the Constitutional Court, according to Mediafax. The ruling coalition, with a majority in parliament, faces general elections later this year.