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Romania On Track To Meet IMF Goals, Says Finance Minister
Romania is on track to achieve its targets assumed under a EUR3.6 billion loan with the International Monetary Fund, including the privatization of state-run freight rail company CFR Marfa,...
Finance Ministry Prepares To Borrow EUR1.5B From External Market
The Romanian Finance Ministry is preparing its first eurobond issue this year, in a hurry to take advantage of the current favorable market circumstances ahead of the conclusion of the arran...
IMF To Review Romania Stand-By Agreement On June 26
The Executive Board of the International Monetary Fund will review Romania’s performance under a EUR3.6 billion stand-by agreement on June 26, people close to the matter told Mediafax Wednes...
IMF, Romania Seek Solutions For CFR Marfa Sale
The International Monetary Fund is discussing with Romanian authorities on the steps to be taken after none of the investors interested in state-owned freight railway carrier CFR Marfa prequ...
Romanian President Pleads For New IMF Agreement To Speed Up Convergence Program
Romanian President Traian Basescu said the completion of Romania’s current agreement with the International Monetary Fund, EU, and World Bank is crucial for the country’s credibility and a n...
IMF Cuts Romania’s Economic Growth Forecast To 1.6% From 2.5%
The International Monetary Fund (IMF) now expects economic growth of 1.6% for Romania in 2013, down from a 2.5% rise predicted in the autumn of 2012.
IMF Approves Three-Month Extension Of Romania Stand-By Loan
The International Monetary Fund approved a three-month extension of the EUR3.6 billion stand-by loan for Romania until the end of June, the fund said in a statement Wednesday.
Voinea: Romania To Pay Higher Interests If IMF Deal Halted
Romania would be exposed to increased financial risks and would pay higher interests if it were to cut short its EUR5 billion loan agreement with the International Monetary Fund and the EU,...
Romania Wants New IMF Loan Deal, Asks For Extension Of Current Agreement
Romania’s Government decided Wednesday it will ask the International Monetary Fund to extend by three months the country’s EUR3.6 billion precautionary loan agreement and start discussions f...