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IMF OKs In Principle Extension Of Romania EUR3.6B Loan Program
The International Monetary Fund has agreed in principle to a two-month extension of Romania’s EUR3.6 billion precautionary loan agreement due for completion in late April, Romanian Prime Min...
Hospital Managers To Be Replaced If They Fail To Rein In Arrears
Romania will amend the contracts of hospital managers so that they can be replaced following quarterly evaluations, if the hospital registers arrears for three consecutive months, according...
Romania To Sell Majority Stake In CFR Marfa By Mid-May
Romania’s government has pledged to sell a majority stake in state-run freight rail company CFR Marfa by mid-May, with the deal to be complete once “all conditions in the sale-purchase agree...
BNR Sees 2013 Inflation Above Target Interval
The Romanian central bank (BNR) informed the International Monetary Fund it will likely miss the inflation target for 2013 as well, after failing in six of the previous eight attempts, offic...
Romania Asks IMF For Extension Of Loan Arrangement
Romanian authorities asked the International Monetary Fund for an extension of the country’s EUR3.6 billion loan arrangement that will expire in April, to get more time to fulfill its commit...
Economy Ministry To Sell Owned Companies By End-April
Romania will privatize and launch initial public offerings targeting companies under the authority of the Economy Ministry by the end of April, the ministry head said Tuesday.
IMF Softens Government Optimism. Budget Now Based On "More Cautious" Growth
Romanian authorities’ enthusiasm regarding the economic growth has been tempered by discussions with the experts from the International Monetary Fund, the European Commission and the World B...
Unionists, IMF To Meet Monday For Talks On Minimum Wage, 2013 State Budget
Romanian unionists and International Monetary Fund representatives will meet Monday evening for talks on the minimum wage and the state budget for 2013, union leader Bogdan Hossu told Mediaf...
Romania Seeks 3-5 Months IMF Waiver On Structural Reforms
Romanian Prime Minister Victor Ponta Monday said his country has fulfilled all fiscal terms under a EUR3.6 billion loan agreement with the International Monetary Fund due for completion this...