IMF
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IMF Gives CFR Deadlines To Upgrade Bucharest Main Station, Repair Old Line
Romania's state-owned railway administrator CFR has until the end of June to make a deal with Belgian constructor Eurostation for the modernization of Bucharest's main station, and will have...
Isarescu Says Another IMF Deal May Send The Wrong Message
Romania shouldn’t seek a new financial agreement with the International Monetary Fund once the current one ends in 2013, because it would send a negative signal to the markets, central bank...
IMF Mission To Recommend Approving New Loan Tranche For Romania
The International Monetary Fund's evaluation mission in Romania will recommend to the board approving the next tranche, worth EUR505 million, of the precautionary agreement, mission chief Je...
IMF, EC Concerned About Romania's Infrastructure Development Program
Romania's National Infrastructure Development Program does not abide by good fiscal practices and may be a liability for the 2012 budget, say International Monetary Fund and European Commiss...
IMF: Romanian Healthcare System Must Be Reformed, Public Concern Is Understandable
Romania's healthcare system is defective and needs significant reforms, although the public's concern about such changes is understandable, said Jeffrey Franks, head of the IMF agreement eva...
IMF Lowers Romania's 2012 Economic Growth Forecast To 1.5-2%
The International Monetary Fund has revised the forecast for Romania's economic growth this year downward slightly, from 1.8-2.3% to 1.5-2%, but does not rule out the GDP increasing by more...
Government, IMF Keep Open Possibility Of Wage, Pension Raises
Romanian Prime Minister Emil Boc and the IMF delegation have agreed that the new letter of intent would retain the possibility of raising public sector salaries and pensions this year, the e...
Borbely: IMF Voiced Doubt About Privatizing Romanian Health Insurance Houses
The International Monetary Fund expressed doubt about the privatization of Romanian health insurance houses, arguing that this system has not proved very successful in some of the countries...
Hungarian Minority Party Asks IMF To Approve Wage, Pension Hikes In 2012
The Hungarian minority party UDMR, part of Romania’s ruling coalition, will ask the International Monetary Fund (IMF) to approve public wage and pension hikes in 2012 and oppose the enforcem...