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Lese-Ansicht

Romanian Inflation Stagnates as Impact From Tax Hikes Lingers

Romanian inflation stagnated last month as a raft of tax hikes and austerity measures to narrow a budget deficit that’s become the widest in the European Union continues to impact prices.

Romanian consumer prices rose 9.8% from a year earlier in November. Photographer: Andrei Pungovschi/Bloomberg
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Romanian Premier-Backed Candidate Wins Mayoral Race in Bucharest

The candidate of Romania’s Liberal party won the mayoral race for Bucharest, strengthening the position of Prime Minister Ilie Bolojan inside the ruling coalition as he pushes through a package of austerity measures to trim the European Union’s widest budget deficit.

A polling station for the mayoral election in Bucharest on Dec. 7. Photographer: Anadolu/Anadolu Agency
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