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IMF: Political Pressures Could Weaken Romania Reform Process
Macroeconomics

IMF: Political Pressures Could Weaken Romania Reform Process

The pace of reforms in Romania has slowed down in the last three months, particularly regarding the privatization of state-owned companies, and the International Monetary Fund is concerned t...

Florentina Dragu · 30.09.2011 · 12:12 · 1 min
Franks: Romanian Healthcare Clawback System Hasn't Worked, Copayment Needed
Social/Politics

Franks: Romanian Healthcare Clawback System Hasn't Worked, Copayment Needed

Romania's Government should replace the clawback tax in the healthcare system with a new version and implement the proposal for co-payment as soon as possible, Jeffrey Franks, head of the IM...

Radu Bostan · 01.08.2011 · 19:49 · 1 min
Social/Politics

Franks: Romania’s Government Has To Set Its Top Priority

Romania’s Government has to choose between raising public sector wages, allotting more funds for investments and reducing social security contributions, Jeffrey Franks, head of the Internati...

Ioana Tudor · 01.08.2011 · 16:45 · 2 min
Franks: Romania To Put 15 Companies Under Private Management
Macroeconomics

Franks: Romania To Put 15 Companies Under Private Management

Romania and the International Monetary Fund have agreed on a list of 15 state-owned companies which will be run by private managers, IMF mission head Jeffrey Franks said Monday.

Florentina Dragu · 01.08.2011 · 11:55 · 1 min
IMF: Romania Inflation Likely To Top 5% In December
Macroeconomics

IMF: Romania Inflation Likely To Top 5% In December

Romanian inflation is likely to ease further over the coming months, but the year-end rate will probably come in above the central bank’s forecast of 5%, the International Monetary Fund said...

Florentina Dragu · 01.08.2011 · 11:03 · 1 min
Franks: Romania May Accelerate Economic Growth With Good Reforms, Solid Investments
Macroeconomics

Franks: Romania May Accelerate Economic Growth With Good Reforms, Solid Investments

Romania's economic growth will continue this year and may even accelerate next year, but only through continued and "satisfactory" reforms, improved absorption of EU funds and solid investme...

Radu Bostan · 30.07.2011 · 15:18 · 1 min
A Monetary Policy Change Likely Later In The Year - Franks
Banks-Insurance

A Monetary Policy Change Likely Later In The Year - Franks

A potential change in the monetary policy is a decision that can be made later this year, not necessarily in Wednesday's board meeting of the central bank, said Jeffrey Franks, the head of t...

Andrei Cîrchelan · 28.06.2011 · 16:48 · 2 min
Concerns About Greece Raised Romania’s Risk Premium In Last Few Days- Franks
Banks-Insurance

Concerns About Greece Raised Romania’s Risk Premium In Last Few Days- Franks

Greece woes have resulted in the increase of risk premium for Romania in the last few days, but it will be some time before it can be determined whether the situation is a long-term one and...

Andrei Cîrchelan · 28.06.2011 · 16:04 · 1 min
Analysis

IMF: Romania’s Economic Growth Potential At 3% On Medium Term

Romania has an economic growth potential of 3% on medium term, but it needs to raise local production for a sustainable growth, according to Jeffrey Franks, head of the International Monetar...

Bogdan Neagu · 10.05.2011 · 15:16 · 1 min