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IMF: Top-40 State-Owned Companies To Hire Private Managers
Romania’s largest 30 to 40 state-owned companies will have private management, and the government will employ an internationally acknowledged head hunting firm for executive selection, accor...
IMF’s Franks: BNR Could Tighten Monetary Policy As Inflation Stays High
Romania’s central bank BNR might tighten the monetary policy in the coming months as the inflation will stay between 8% and 8.5% until July, Tuesday said Jeffrey Franks, chief of the Interna...
IMF: Romanian Industrial Gas Prices To Rise Under New Calculation Formula
The price of gas delivered to corporate clients is set to rise since the Romanian government has pledged to change the tariff calculation formula, aligning it with international evolutions,...
Romania To Sell More Than 10% In Nuclearelectrica, Hidroelectrica
Romania will sell more than 10% in state-owned energy producers Nuclearelectrica and Hidroelectrica, an International Monetary Fund official told MEDIAFAX in an interview.
IMF Says Tax Cuts In Romania Not Possible On Short-Term
Romania can’t afford to reduce its main taxes in the coming years, because the measure would entail substantial spending cuts in the public system, an official of the International Monetary...
IMF: Romania To Launch 1st International MTN Issue By Mid-Year
Romania's Finance Ministry will launch a first international bond issue of its EUR7 billion medium term notes (MTNs) program by the second half of 2011, an official of the International Mone...
IMF: Romania Central Bank May Need To Adjust Monetary Policy
The Romanian central bank may need to adjust its monetary policies to tackle rising food and fuel prices and reach its inflation target for 2012, an official of the International Monetary Fu...
Romania Unlikely To Tap Into IMF Funds In 2011 - Mission Head
Romania is highly unlikely to access the funds made available through a EUR5 billion precautionary deal from the International Monetary Fund and the European Union in 2011, IMF mission chief...
IMF: Romania To Step Up EU Fund Absorption Or Face Repays
Romania could be forced to refund up to EUR1.5 billion in European money this year unless it accelerates structural fund absorption, an official of the International Monetary Fund said Monda...