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Basescu: Even I Would Be In Trouble If Gas Prices Were Deregulated Tomorrow
Romanian President Traian Basescu met Tuesday with officials from the IMF, World Bank and European Commission, and made it plain that even he would have difficulty paying his bills, were the...
Ruling Coalition Intensifies Populist Pressure To Raise Wages. Prime Minister Talks About “Slight Increases”
The Government is caught in the middle of electoral pressure, street protests and forecasts of an economic growth slowdown. Monday morning, with the International Monetary Fund breathing dow...
IMF: Romania's Economic Growth Not Enough To Improve Living Standards
Romania’s economy expanded by 2.5% in the last three months of 2011, the fourth consecutive quarterly growth, but the recovery is not enough to make a lasting imprint on the quality of life...
Romanian PM, IMF To Negotiate Raising Public Wages, Pensions As Of April
Romanian Prime Minister Emil Boc will negotiate a potential raise in public wages and pensions with the International Monetary Fund, leaders of the country’s ruling coalition decided Monday.
IMF Cuts Romania’s Economic Growth Forecast To 1.3%
The International Monetary Fund (IMF), which currently has one of the most optimistic forecasts for Romania’s economic growth this year, 1.8% to 2.3%, is getting ready to lower its estimates...
IMF Team To Visit Romania January 25 - February 6
A delegation of the International Monetary Fund will visit Romania between January 25 and February 6 for the fourth review of a EUR3.5 billion precautionary agreement signed last spring.
Finance Ministry Has More Than EUR12B To Roll Over In 2012
A EUR700 million eurobond, almost EUR800 million worth of bonds issued on the domestic market, as well as the first larger installment on the giant loan from the International Monetary Fund...
A Look Back On The First Year Of The IMF Precautionary Agreement
Romania sealed another two-year arrangement with the International Monetary Fund this spring, which it has so far treated as precautionary, as it has not drawn money from the amounts made av...
Romania Extends Bidding Deadline For Brokering Romgaz Public Offer
Romania’s Economy Ministry has extended until January 16 the deadline by which companies can bid to broker the floating of a 15% stake in state-owned natural gas producer Romgaz.