Romania – Factors to Watch on Dec 15

BUCHAREST, Dec 15 (BestGrowthStock) – Here are news stories, press
reports and events to watch which may affect Romanian financial
markets on Wednesday.

PENSIONS REFORM

Romania Constitutional Court debates challenges to the
IMF-mandated pension reform recently approved by parliament.
Opposition’s Liberals challenged the bill.

ROMANIA C/A DEFICIT WIDENS 30 PCT Y/Y IN JAN-OCT

Romania’s current account deficit widened 30.3 percent
year-on-year to 4.9 billion euros in the first ten months of the
year, central bank data showed on Tuesday.

[ID:nBCR000103]

ROMANIA TO CUT STAKE IN PLANNED NUCLEAR REACTORS

Romania will lower its participation in two planned nuclear
reactors to a minority stake, the economy minister was quoted as
saying, a decision which will likely delay works on the units.

[ID:nLDE6BD0KD]

ROMANIAN CO2 AUCTION CANCELLED ON LACK OF INTEREST

A Romanian auction of 325,000 European carbon permits on
Tuesday has been cancelled, its organisers said.

[ID:nLDE6BD0MZ]

BORROWING NEEDS

Job cuts and a reduction in social aid costs will continue
in 2011, President Traian Basescu told a news conference on
Tuesday.

Gandul, Page 2

EDUCATION REFORM

Parliament approved an education reform bill on Tuesday. The
opposition said it plans to challenge the bill at the
constitutional court.

Gandul, Page 3

POWER CONSUMPTION

Romania’s power consumption in 2020 will be 26 percent
higher than this year, an estimation by Romanian state-owned
power grid operator Transelectrica (TSEL.BX: ) shows.

Adevarul, Page 21

NOTE- For a diary of forthcoming Romanian events, double

click [RO/DIARY], and a calendar of east European economic
indicators, see [CONV/DIARY].

For other related news, double click on:
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Romania Market Debt [RO-DBT] Romanian forex [RO-FRX]
Romania Market Report [ROL/] Romanian money [RO-M]
Emerging Market Debt [EMRG/DBT] Emerging forex [EMRG/FRX]
All Emerging Markets news [EMRG] CEE indicators [CONV/DIARY]
All East Europe News [EEU] E.Europe equities [.CEE]
TOP NEWS — Emerging markets [TOP/EMRG]
TOP NEWS — Convergence watch [TOP/EAST]
Romanian indicators [RO/ECI]
Main page of Reuters poll (RO/POLL1: )
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Romania – Factors to Watch on Dec 15