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Ponta Says Romania Has No Plans To Sell Majority Stakes In State-Run Enterprises
Romania’s new agreement with the International Monetary Fund and the European Commission doesn’t include giving up majority control of any of the state-owned companies, Prime Minister Victor...
Romania To Secure EUR4B Loan From IMF, EU
Romania plans to borrow EUR4 billion from the International Monetary Fund and the European Commission, the head of the IMF mission to Bucharest Andrea Schaechter said Wednesday.
IMF Says Lower Sales Tax On Bread Is Temporary
Romanian authorities will assess the impact of lowering the sales tax on bread from 24% to 9% and the measure is temporary, depending on the results it produces in fighting tax evasion in th...
IMF Ups Romania GDP Growth Forecast To 2% In 2013
The International Monetary Fund has revised upward its growth estimate on Romania’s economy to 2% in 2013 from 1.6% previously, saying it expects better contributions from agriculture and ex...
IMF: Romania Must Continue Reforms In Healthcare, Energy And Transport
Romania must push ahead with structural reforms in key sectors such as healthcare, energy and transportation, the head of the International Monetary Fund’s mission to Romania said Tuesday.
BNR: Follow-up Deal With IMF Should Shelter Romania’s Banks Against Abusive Claims
Romania’s planned follow-up agreement with the International Monetary Fund should include a series of stipulations regarding the personal insolvency law that would limit bank exposure to dam...
Basescu: Romania Wants Guarantee Fund To Support SME Lending
Romania will discuss with the International Monetary Fund setting up a government guaranteed fund to support lending to small and medium-sized enterprises (SMEs), President Traian Basescu sa...
Romania 2013 GDP Growth Forecast Revised Up To 1.9%
Romania and the International Monetary Fund estimate an economic growth in the eastern European country of 1.9% in 2013, a slightly faster pace than the 1.6% increase previously expected, pe...
Romania To Sign "Discipline Program" With IMF, Says Lagarde
Romania’s next loan deal with the International Monetary Fund will be a precautionary arrangement aiming to consolidate macroeconomic stability and control policies, the fund’s managing dire...