IMF
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Geoana: Boc Needs Parliament Mandate To Negotiate With IMF
Romanian Senate president Mircea Geoana said Monday that he will write to Prime Minister Emil Boc and ask him to request the Parliament's mandate before negotiating with the IMF, World Bank...
Romania, IMF Talks On 2012 Budget To Start From 2.3%-2.5% GDP Forecast
The talks between Romanian authorities and the stand-by agreement evaluation mission on the 2012 state budget will start from a forecast for economic growth of 2.3-2.5% and a budget deficit...
IMF Delegation To Visit Romania October 25 - November 7
A delegation of the International Monetary Fund will visit Romania between October 25 and November 7 for the third review of a EUR3.5 billion precautionary agreement signed end March.
Romania Needs Additional Budget Cuts With Lower GDP Growth Forecast
Romania’s Finance Ministry is getting ready to redo next year’s budget draft after the International Monetary Fund has announced the halving of the economic growth forecast to about 2%, and...
IMF To Halve Romania’s 2012 GDP Growth Forecast On European Worries
The International Monetary Fund is likely to revise down its growth forecast on Romanian economy to around 2% in 2012, from 3.5% presently, due to deteriorating conditions in European market...
IMF: Political Pressures Could Weaken Romania Reform Process
The pace of reforms in Romania has slowed down in the last three months, particularly regarding the privatization of state-owned companies, and the International Monetary Fund is concerned t...
IMF: Romania To Step Up EU Funds Absorption, State Companies Reform
Romania has made good progress in reaching its economic and financial indicators under a EUR3.5 billion loan agreement with the International Monetary Fund, but further reforms are needed to...
IMF Approves EUR495M Disbursement To Romania
The International Monetary Fund Thursday completed the second review of Romania’s economic performance under a EUR3.5 billion precautionary loan agreement, enabling the disbursement of a new...
Romania's New Energy Cos To Be Privatized By June 2012, Including Layoffs
Romania's new energy companies Oltenia and Hunedoara will be privatized by the end of June 2012, a move which will entail layoffs in some of their component operations, says the Government's...