PM Says Romania Can’t Afford New Political Crisis

Romania’s Prime Minister Victor Ponta pledged to bury his political feud with President Traian Basescu after next month’s parliamentary elections, predicting he will return as premier and turn his full attention to the country’s economic and social challenges.

The 40-year-old Mr. Ponta, one of Europe’s youngest leaders, acknowledged mistakes in his handling of a political crisis this year, during which investors sold off Romanian assets, the economy declined and the European Union and U.S. scolded Mr. Ponta over what they saw as threats to the rule of law.

He said neither he nor Mr. Basescu, 61, want a new political …