IMF
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Authorities Take Electrica Off Private Management List
Authorities and the International Monetary Fund agreed to remove electricity distributor Electrica SA from the list of companies to receive private management.
UniCredit: Romania May Draw IMF Money In 2012
Romania is likely to draw funds from its precautionary loan agreement with the International Monetary Fund in 2012 because of scarce capital inflows, while other countries in central and eas...
IMF Concerned About Renewed Pressure On Romanian Leu Exchange Rate
The Romanian central bank should pursue a cautious monetary policy to fend off possible pressures on the leu and renewed capital outflows, an official of the International Monetary Fund told...
IMF: Romanian Banks Not In Danger Of Collapsing
Romanian banking system remains rather balanced, despite some deleveraging from parent banks, and it is highly unlikely that one of the lenders should collapse, an official of the Internatio...
IMF Sees Romania's Structural Deficit At 0.1% Of GDP In 2012
Romania's structural deficit will drop from 2.8% of the gross domestic product this year, to 0.1% of the GDP in 2012, thus respecting the 0.5% limit established in the latest European summit...
IMF: Romania Central Bank Should Keep Reserve Requirements Unchanged
Romania's central bank should not lower its minimum reserve requirements imposed on commercial lenders in the following period to make sure it has sufficient buffer against potential difficu...
IMF: Romania Economy On Track, But Risks Increased ‘Considerably’
Romania has made “good progress” under a EUR3.6 billion loan agreement signed with the International Monetary Fund and is on track to meet its 2011 fiscal targets, but the escalation of the...
Tanasescu, IMF: I Don’t See Any Risks Of Romania Having To Draw Money From Precautionary Arrangement
Securing additional budget revenues through a chain of swaps with state-run companies that are indebted both to one another and to the state budget will be one of the three major sources of...
Romania Extends List Of Companies That May Alter Deficit
Romania and the International Monetary Fund have agreed to raise to 27 from 10 previously the number of public companies whose financial results must be included next year in budget deficit...