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Georgescu: Romania, IMF To Discuss Follow-Up Deal In January
Romania and the International Monetary Fund will discuss the terms of a potential follow-up loan agreement at the fund’s next review mission in January 2013, Finance Minister Florin Georgesc...
Romania Wants New Deal With IMF In 2013
Romanian President Traian Basescu Thursday said his country plans to obtain a new loan agreement with the International Monetary Fund once the existing one ends in April 2013.
IMF: Romania Made Good Progress On Budget Deficit
Romania has made good progress on lowering its budget deficit toward 3% of the gross domestic product in 2012, which will create the premises for a ”normalization of the fiscal policies” sta...
Government Set To Resume Talks With IMF To Lower VAT On Food
Romania’s Government will resume talks with the International Monetary Fund on lowering VAT on basic food items to 9% instead of the current 24%, as soon as the Agriculture and Finance minis...
IMF: Government Should Decide Which Companies To Keep And Sell Or Close The Rest
The Government must decide which companies it keeps and privatize or liquidate the remaining ones because the Romanian sector of state-run enterprises is still oversized even when considered...
Romania May Have To Increase Healthcare Contribution Rates To Ensure System’s Sustainability
Romania should widen the contribution base and increase contribution rates in the healthcare sector, and even increase VAT rates and the flat tax to ensure the sustainability of the public h...
IMF Warns Of Serious Risk For Romania Economy
An escalation of the eurozone debt crisis would pose serious risk to the Romanian economy, which could shrink by up to 5% if the threat materializes, the International Monetary Fund said in...
IMF Staff Team Visits Romania Between Nov 6-14
A staff team from the International Monetary Fund will visit Romania between November 6 and 14 to discuss the country’s progress under a EUR3.6 billion precautionary loan agreement, the fund...
Tanasescu, EIB: Romania Needs A Third, More Flexible, Agreement With IMF And EU
Romania will need a new and more advanced agreement with the International Monetary Fund and the European Commission next year and, by accelerating the reforms agreed upon with its external...