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Romania, IMF Agree On Main Economic Indicators For 2014 - Sources
Romania and the International Monetary Fund have reached an agreement regarding the country’s main macroeconomic indicators for 2014, including an estimated economic growth of 2.1% and a bud...
Standard & Poor’s Unimpressed By Romania’s Fiscal Consolidation And Low Inflation
The three major rating agencies Standard & Poor’s (S&P), Moody’s and Fitch have not improved their assessment of Romania’s country risk, despite the fact that the country has been praised as...
IMF Mission To Arrive In Romania October 22 For First Review Of New Loan
Joint teams from the International Monetary Fund and the European Commission will arrive in Bucharest on October 22 for the first review of Romania’s progress under a EUR4 billion loan progr...
Government To Consult With IMF, EU On 2014 State Budget
Romania’s Government will consult with experts of the International Monetary Fund and the European Commission on the country’s 2014 state budget, Prime Minister Victor Ponta said Wednesday.
IMF: Romanian Authorities Must Resist Pressure For Populist Measures
Pressure to adopt populist measures is on the rise in Romania after the country exited excessive deficit procedures in June and authorities must resist them to avoid reversing earlier diffic...
IMF: Political Tensions Could Put Romanian Reforms At Risk
Romania could miss some of its targets assumed under a EUR2 billion follow-up agreement with the International Monetary Fund because of political risks, particularly prior to the presidentia...
IMF Approves New EUR2B Loan For Romania
The executive board of the International Monetary Fund on Friday approved a new EUR1.98 billion precautionary credit line for Romania, making this the third financial package the eastern Eur...
Romania Raised State Guarantee Cap To RON8B From RON3B – Minister
State guarantees to stimulate private lending have increased from RON3 billion to RON8 billion for the period July 2013-June 2014, after the Government persuaded the IMF and European Commiss...
Romania’s Public Debt Doubles In Five Years To Over EUR50B
Romania’s domestic and external public debt sped up during the five years since the crisis began, and has now more than doubled compared with the end of 2008, to over 250 billion lei (EUR56...