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Pro-EU moderate Nicu葯or Dan wins Romanian presidential election stunnerBucharest mayor fends off challenge from hard-right firebrand George Simion, who conceded defeat after <a href=www.cup-stanley.de>stanley becher</a> initially declaring himself the winner.Copy LinkCopiedShare via emailShare on XShare on WhatsAppShare on LinkedInThe mild-mannered mayor of Bucharest, Nicu葯or Dan, gained a decisive 8-point advantage over his rival, the firebrand George Simion. | Alex Nicodim/Anadolu via Getty ImagesMay 18, 20258:03 pm CETBy Tim Ross,Carmen Paun andAndrei PopoviciuBUCHAREST 鈥?Romania elected a centrist president in a major surprise after an intense campaign in which voters looked likely to propel another hard-right populist to lead a large European country.Despite coming a distant second in the first round two weeks ago, the moderate mayor of Bucharest, Nicu葯or Dan, won b <a href=www.cups-stanley.ca>stanley canada</a> y a decisive 8-point majority over his radical rival, George Simion, who conceded defeat early Monday after initially declaring himself the winner.With 99.8 percent of polling stations counted by 1:50 a.m. local time Monday, Dan had won 53.8 percent to 46.2 percent for Simion. Turnout was 65 percent, the highest since 1996.AdvertisementAdvertisement Elections are about communities 鈥?and in todays e <a href=www.stanley1913.com.es>vaso stanley</a> lections a community of Romanians who want a profound change in Romania won, Dan said. Its a moment of hope. This is your victory, Dan told his ecstatic supporters, many of whom stayed into the early hours of Monday, dancing on the pavement outside his campa Oqot At least 18 dead after Mali hotel attack
Restructuring plan for DexiaCommission plan requires the bank to focus on its core banking activities and traditional markets. Copy LinkCopiedShare via emailShare on XShare on WhatsAppShare on LinkedInMarch 1, 20101:45 pm CETBy Jim BrunsdenThe European Commission todayimposed restructuring measures on Franco-Belgian bank Dexia to prevent aid it received during the financial crisis from distorting competition.The restructuring plan adopted by the Commission requires the bank to focus on core banking activities and on its traditional markets of Belgium, France and Luxembourg. The bank must also cease proprietary trading, and respect a set of liquidity ratios that are supposed to prevent it from becoming excessively exposed to risk.Joaqu铆n Almunia, the European commissioner for competition, said that the restructuring measures would restore Dexias long-term viability, in particular thanks to more stable financial resources .AdvertisementAdvertisementThe restructuring plan was negotiated between the Commission and the gover <a href=www.cup-stanley.es>stanley spain</a> nments of Belgium, France and Luxembourg, which all provided state aid to Dexia during the financial crisis.The aid, which was provide <a href=www.cups-stanley-cups.ca>stanley tumblers</a> d in November 2008, consisted of a capital injection of 鈧? billion, a 鈧?50bn guarantee on liabilities, emergency liquidity support from the Belgian National Bank, and <a href=www.cup-stanley-cup.ca>stanley canada</a> a guarantee on impaired assets. The Commission could have forced the bank to pay back the aid, had it been unable to reach an agreement with the three governments