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Finance Ministry says defrauded by staffer The Dutch Finance Ministry Thursday acknowledged it was defrauded out of more than 160,000 euros ($204,800) earlier this year by an employee of the ministry unit that handles the state's financing needs. Finance with Rebecca Hyam The latest finance news here and abroad with Rebecca Hyam. Romanian Finance Minister Says He Will Be Replaced in `Political' Decision Romanian Finance Minister Sebastian Vladescu said he will be replaced as part of a ?political? decision, he said in a phone interview today after meeting with Prime Minister Emil Boc. Finance shake-up - after $8b wiped out The biggest shake-up of the finance sector in 35 years is under way in a bid to restore shattered confidence, but it will be too late for most of those who invested more than $8 billion in finance companies that then failed. Finance Ministry trying to revive Tel Aviv light rail plan Deputy Finance Minister Yitzhak Cohen is attempting to strike a compromise between the state and the MTS consortium that was awarded the franchise to build the light rail network in the Tel Aviv area.