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Government Shortens List Of Companies That May Alter Deficit
Romania and the International Monetary Fund have agreed to reduce to 10 from 30 previously the number of public companies whose financial results are included in the budget deficit calculati...
Romania To Appoint Private Managers At 9 State Companies In 2011
Romanian government will appoint private managers at nine state-owned companies by the end of 2011, with six more enterprises to follow suit next year, according to the country’s letter of i...
Romanian Government Approves Letter Of Intent To IMF Deal
Romanian government Wednesday approved the final version of its letter of intent to a EUR3.5 billion precautionary loan agreement with the International Monetary Fund, following a review mis...
Oltchim and Hidroelectrica Proposed For Private Management - Sources
Hidroelectrica, Oltchim, Tarom and CFR Marfa are the companies for which Romanian authorities and the International Monetary Fund agreed to appoint private management, with the complete list...
Government Might Approve Letter Of Intent To IMF Next Week
Romania's Government plans to convene a meeting for the beginning of next week, to approve the final draft of the letter of intent agreed upon with the International Monetary Fund, European...
Basescu Asks Parliament To Ratify Precautionary Deal With IMF
Romanian President Traian Basescu on Tuesday signed the decree submitting to the Parliament for ratification the letter of intent to the IMF, signed by Romanian authorities on March 10 and a...
Romania Should Continue Reforming Healthcare System, Eliminate Arrears - IMF
Romania should continue to reform its healthcare sector, reduce state arrears and increase investments, also by attracting European funds, restructuring and selling state companies, Internat...
IMF: Romania May Raise Public Sector Wages After More Job Cuts
Even though the government may consider there is room for public sector wage increases, Romania should only raise them following more job cuts layoffs, Monday said Jeffrey Franks, head of th...
IMF: Romania Inflation Likely To Top 5% In December
Romanian inflation is likely to ease further over the coming months, but the year-end rate will probably come in above the central bank’s forecast of 5%, the International Monetary Fund said...