Romanian PM loses second ally after election defeat

December 2, 2014 3:59 PM

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BUCHAREST (Reuters) - Romanian Prime Minister Victor Ponta lost a second ally on Tuesday when a small party led by a media tycoon withdrew its parliamentary support, days after another party quit his ruling coalition, making further exits seem possible.

Ponta lost a presidential election to ethnic German mayor Klaus Iohannis in November. Growing doubts since then over the stability of his government could complicate efforts to spur economic growth in Romania and implement reforms mandated in an aid agreement with the International Monetary Fund.

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