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IMF: Romania Should Speed Up Privatization, EU Fund Absorption
Romania’s economy is on its way to match the pre-crisis growth levels, but the recovery pace has been slower compared with other countries and the authorities should speed up the privatizati...
IMF Team To Arrive In Romania Next Week
A delegation of the International Monetary Fund will arrive in Romania next week to review the country’s progress under a EUR2 billion precautionary agreement signed last year.
Meat Industry Representatives Call On IMF To Agree With Cutting VAT On Meat To 5%
Romanian meat producers and processors have sent an open letter to the International Monetary Fund (IMF), asking it to agree to Romania’s lowering the value added tax on meat and meat produc...
Romania Economy Ready To Stand On Its Own, Isarescu Says
Romania has made sufficient progress to sustain economic growth without further help from its international creditors, central bank governor Mugur Isarescu said Thursday.
IMF Sees Political Risks To Program Goals In Romania
The Romanian government is facing mounting pressures to relax fiscal policies and slow down reforms ahead of the presidential elections in November, the International Monetary Fund said in a...
Romania Should Wait Until 2015 To Cut Social Security Tax - IMF
The International Monetary Fund on Tuesday said Romania should probably wait at least until next year to lower the level of social security contributions, but expressed its openness to earli...
IMF: Romania Must Apply Strong Measures To Offset Fuel Tax Exemption
Romania’s planned exemption on its recently introduced excise tax on fuels must be compensated by “strong measures” that will offset the resulting fiscal gap, an official with the Internatio...
IMF Approves EUR436.3M Disbursement To Romania
The International Monetary Fund has completed the first two reviews of Romania’s economic performance under a two-year precautionary loan agreement, enabling the disbursement of an additiona...
Romania Still Hopes To List Hidroelectrica By End-June 2014
Romania’s Government is hoping hydropower producer Hidroelectrica will exit insolvency quickly in order to sell 15% in the company within the initial deadline set for the end of June 2014, a...