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Government To Negotiate With IMF A Deficit Of 2-2.1% Of GDP For Co-financing, Defense
Romanian government will negotiate with the representatives of the International Monetary Fund and European Commission a deficit of 2-2.1% of the GDP for 2015, while the additional 0.6-0.7%...
IMF Team To Arrive In Romania Early December For 2015 Budget Talks
A joint delegation of the International Monetary Fund and the European Commission will visit Romania at the start of December to discuss with the local authorities the draft of the country’s...
Konieczny, FP: A New Loan Agreement With IMF Would Boost Investors’ Confidence
A new loan agreement between Romania and the International Monetary Fund would send investors a message of confidence and engagement regarding fiscal discipline and reform, Romanian investme...
Romania’s Debt To International Lenders Down To EUR9B
The central bank and the Finance Ministry have only EUR2.2 billion left to repay of the loan Romania took from the International Monetary Fund in 2009, with the former repaying most of this...
IMF Cuts Romania's GDP Growth Forecast To 2.4% In 2014
The International Monetary Fund revised downwards its forecast on Romania’s economic growth to 2.4% in 2014, versus a 2.8% increase seen in June, according to the World Economic Outlook repo...
IMF To Review Romania Loan In Brussels Next Week
Representatives of the Romanian government and central bank will go next week to Brussels for the next review of the loan agreement with the International Monetary Fund, marking the first ti...
IMF Says Romania Needs Clear Measures To Offset Social Security Tax Cut
Romania’s planned social security tax cut is poised to help reduce the burden on labor and stimulate employment, but the authorities should present a clear set of measures aimed at offsettin...
IMF Likely To Delay Romania Loan Review Until Fall
The International Monetary Fund will likely delay until the fall its report on Romania’s progress under a EUR2 billion precautionary loan deal, after the fund’s review mission and the govern...
Romania And IMF Fail To Agree On Cutting Social Security Tax As Of July 1-Sources
The Romanian Government and the International Monetary Fund (IMF) have failed to reach an agreement on the lowering of the social security contributions by five percentage points as of July...