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A rare meeting of North Korea's ruling party has opened the way for Kim Jong-il to hand power to his youngest son.
EU finance ministers have backed sanctions for member states that break budget rules, but have not yet agreed on the enforcement mechanism.
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Kim Jong-un is the elder Kim's third and youngest son and had already been identified as the most likely successor to the Communist dynasty started by Kim Il-sung in 1948.
The nomination has been approved by President Basescu.
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The ministers' meeting on Monday was chaired by European Council President Herman Van Rompuy, who has set up his own taskforce to tighten budget scrutiny in the EU.
Indian preacher Sant Ramanand, 57, was shot dead and more than a dozen others wounded, including another preacher.