Romania’s coalition government shattered after 14 months in power as the Liberal Party withdrew and forced Socialist Prime Minister Victor Ponta to shore up a ruling majority to back a new cabinet by March 4.
Samir Weslati has taken down the wooden door of his Tunisian home and fitted an iron replacement along with three locks, just to make sure no one can force their way in. Inside, he’s stockpiled food, diapers and milk.
Poland’s central bank Governor Marek Belka is keeping mum about the future path of interest rates, seeking to prevent traders from prematurely betting on higher borrowing costs and squeezing the nascent economic recovery.
Poland’s central bank has plenty of time to plot its next move after pledging to keep borrowing costs at a record low until mid-2014 as the economy recovers without stoking inflation pressure, Governor Marek Belka said.