IMF
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IMF: Romania Must Rethink Options Regarding CFR Marfa If Restructuring, Privatization Fail
The International Monetary Fund would appreciate it if Romania completed the privatization of state-run freight railway carrier CFR Marfa before deadline, set for mid-2015, an IMF official s...
IMF: Romania To Take Steps To Boost Revenues, Accommodate Wider Deficit
Romania has committed to a series of economic and fiscal measures to increase revenues and accommodate a wider-than-expected budget deficit in 2014, an official of the International Monetary...
IMF Official: Lowering Social Security Contributions Not Included In Draft Budget For 2014
Lowering social security contributions in Romania has not been considered in draft budget for 2014 as wages, pensions and public investments represent a priority and any fiscal relaxation on...
IMF: Romania 2013 GDP Growth Forecast Revised Slightly Up
The International Monetary Fund has revised slightly up its forecast on Romania’s economic growth to 2.2% in 2013, from 2% previously, citing a good harvest and better contribution from expo...
Former IMF Head Of Post-Communist Era Is The Special Guest At The ZF 15-Year Gala
Respected French economist Michel Camdessus, who ran the International Monetary Fund for 13 years, will this month be the special guest at ZF’s Gala that will mark the newspaper’s 15-year an...
Romania Pledges To Select Private Managers At Hidroelectrica By End-November
Romania will select private managers at state-run hydropower producer Hidroelectrica by the end of November, Finance Minister Daniel Chitoiu said Monday.
Romania Economy Expected To Grow 2.2% In 2014
Romania’s economy is expected to grow by 2.2% in 2014, slightly better than a 1.9% increase estimated for this year, Prime Minister Victor Ponta told reporters after a meeting with officials...
Romania To Increase Excise Duties Considering Inflation As Of 2014
Romania will increase excise duties as of January 1, 2014 in ratio with inflation and not the currency exchange rate, Prime Minister Victor Ponta said Monday, confirming information publishe...
Romania, IMF Agree On Raising Wages For Resident Doctors, Novice Teachers In 2014
Romania’s government and the International Monetary Fund agreed on increasing the wage fund for resident physicians and teachers at the beginning of their career by 3% to 4% in 2014, people...