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BUCHAREST, OCTOBER 9, ARMENPRESS. The Minister of Economy of Romania Varujan Vosganian submitted resignation in the evening of October 7. Varujan Vosganian submitted resignation to the Prime Minister of Romania Victor Ponta right after the vast majority of the Romanian Senate rejected the application of the country's Prosecutor General for launching criminal prosecution against him.
Prime Minister Ponta stated that Vosganian's resignation was a political decision prompted by the desire not to harm the government's image.
President Traian Basescu stated that Varujan Vosganian's resignation from the government was a gesture of common-sense.
Born in Craiova to a family of Armenian ethnicity, Vosganian studied at the Alexandru Ioan Cuza High School in Focşani. He then studied Commerce at the Bucharest Academy of Economic Studies (graduated 1982) and Mathematics at the University of Bucharest (graduated 1991), gaining a Ph.D. in economics in 1998.
In 1990, he became president of the Armenians' Union of Romania and he was twice (1990-1992 and 1992-1996) elected a member of the Chamber of Deputies, and twice a Senator (1996-2000 and 2004-2008), on the lists of the National Liberal Party.
Between 1996 and 2003, he was the leader of Uniunea Forţelor de Dreapta, a small right wing liberal party, which was eventually merged into the National Liberal Party.
Vosganian has written several books, especially on economics and politics, but also fiction and poetry. He is a member of the Romanian Writers' Union, and since 2005, he has served as its vice president. Vosganian is also a leading member of the Romanian Humorists' Association.