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Romania Cancels Selling Stake in Energy Firm

Poor market conditions force Bucharest to change plans to sell a minority stake in the Transgaz gas companyRomania is to cancel plans to sell a 15-per-cent stake in the gas pipeline operator, Transgaz, as agreed with the International Monetary Fund, citing poor conditions on the stock market. “The stock market …

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Greek PM to reshuffle cabinet after new loan tranche: sources

Greek Prime Minister Antonis Samaras will reshuffle his cabinet once he secures a vital loan tranche to make his government more effective in a new wave of austerity measures demanded by international lenders, government officials said on Monday. Samaras will hold separate meetings with his two coalition partners, Socialist PASOK …

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Bulgarian Right-Wingers to Form Anti-Nuclear Plant Committee

Bulgaria’s right-wing Democrats for Strong Bulgaria party (DSB) is to establish an initiative committee against the development of nuclear energy in the country through the construction of the Belene nuclear power plant project. DSB will thus take part in the ongoing debate surrounding the upcoming referendum that will decide the …

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