(AFX UK Focus) 2008-11-19 16:47 Romanian govt suspends car tax to protect jobs (Interactive Investor)

BUCHAREST, Nov 19 (Reuters) - The Romanian government has suspended initial car registration tax for a year in a bid to protect jobs in the country's car industry. As the world financial crisis has intensified, concern has grown that Romania's economy is particularly vulnerable to an economic downturn because of a vast external trade deficit and high rates of hard currency borrowing. Bucharest ...