Romania’s coalition government collapsed Thursday after nine ministers from the Social Democrats quit to protest the firing of the interior minister for comments about possible election fraud.Social Democratic Party leader Mircea Geoana said the ministers resigned „in solidarity” with Dan Nica, a party member fired by Prime Minister Emil Boc on Monday over a statement he made about potential fraud in the upcoming Nov. 22 election.
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Werder Bremen go clear in Europa Cup group
German side Werder Bremen moved three points clear at the top of Europa League Group L after seeing off Athletic Bilbao 3-1 despite losing Peter Niemeyer to a red card just five minutes after he appeared as a second-half substitute.
Read MorePSV off the mark thanks to Bakkal
Otman Bakkal’s first-half header was enough for PSV Eindhoven to claim their opening win of this year’s Europa League with a 1-0 success at home to CFR Cluj.Bakkal scored the game’s only goal after nine minutes when the impressive Balazs Dzsudzsak picked him out with a cross, but the hosts had to withstand a Cluj onslaught in the second half as they nervously held on.
Read MoreLazio hit four to beat Levski
Lazio posted a dazzling 4-0 victory at Levski Sofia for their first win in Europa League Group G. Beaten by Red Bull Salzburg in their opening pool game and struggling in Serie A, the Italian side produced a much-improved play against a toothless Levski at the Georgi Asparuchov Stadium.
Read MoreThe Diplomat: Day of the discounters
Discount stores are spreading fast throughout Romania, while local supermarkets are struggling to compete. International discount stores are winning out from the current economic crisis in Romania, while local supermarkets are facing extinction, unless they can innovate fast. Romanians are less willing to buy expensive brands or high-priced products, opting instead for retailers’ own labels, which discounters pile up high and sell off cheap. Due to the purchasing power of international retailers, who can buy in bulk from suppliers on an international level, this is pricing out the local retail competition.
Read MoreGroup K Round-Up
PSV Eindhoven moved to the top of Group K with victory over CFR Cluj-Napoca, while FC Copenhagen overcame Sparta Prague. Dutch titan PSV picked up their first win in the group with a hard-fought 1-0 victory over Romanians CFR Cluj-Napoca.
Read MoreSIFs shares down 0.9 pc upon closing
The quotations of the shares listed on the Bucharest Stock Exchange (BVB) went up at the trading session on Monday, with BET-C composite index rising 0.23 percent.
Read MoreFinanciarul: Finance Ministry sells treasury bills worth 1.04bln lei
The Finance Ministry drew on Monday over 1.04 billion lei by an issue of treasury bills with discount, put up for auction through the National Bank of Romania (BNR). The treasury bonds are due in 6 months and the average yield the issue was bought for is 9.97 percent. The moderate average yield of the rate of discount was of 9.49 percent.
Read MoreJoe Cole set for surprise Chelsea start
Chelsea boss Carlo Ancelotti is ready to hand Joe Cole an unexpected start in their Champions League clash with Apoel Nicosia. The Sun says Ancelotti’s injury-ravaged side arrived here late last night for their match with Apoel.
Read MoreDiarra spells out Bordeaux belief
Midfielder Alou Diarra believes FC Girondins de Bordeaux are thriving on the extra responsibility that comes with being French champions – and will therefore not repeat the errors of last season when they never recovered from a miserable start to the group stage.
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