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Romania Parliament Extends Government Rule Over Economy

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Reuters

Parliament empowered the Romanian government Monday to rule the economy by decree and speed up reforms aimed at building a free-market system after four decades of communism.

Both chambers of Parliament voted by an overwhelming majority to give Prime Minister Petre Roman special powers. Roman had requested them in a report on the economic reforms he presented to Parliament Oct. 18.

He had demanded a free hand to declare emergency economic measures over the next six months.

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This includes the power to change taxes and duties and to negotiate foreign credits without referring to Parliament.

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