Romania president re-appoints his rival Ponta as PM

BUCHAREST | Mon Dec 17, 2012 5:07am EST

BUCHAREST Dec 17 (Reuters) - Romanian President Traian Basescu re-appointed leftist Victor Ponta as prime minister on Monday, the president said in a statement.

The move gives Basescu's rival a mandate to conclude a new deal with the International Monetary Fund to reassure investors.

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