Macroeconomics
Romania Posts EUR54M Current Account Surplus In January-April
Romania's current account balance posted a surplus of EUR54 million in the first four months versus a deficit of EUR1.54 billion in the year-ago period, central bank data showed Monday.
Ponta Says Romania Wont’s Apply For IMF Waivers, As Everything Is On Schedule
Prime Minister Victor Ponta said Romania will not apply for IMF waivers, although the country’s latest letter of intent to the IMF says the government and the central bank requested a three-...
IMF’s Lagarde To Visit Bucharest, Ponta Says
International Monetary Fund Managing Director Christine Lagarde will come to Bucharest, said Romanian Prime Minister Victor Ponta, and people close to the matter added authorities will discu...
EBRD President Visits Romania June 17-18
Sir Suma Chakrabarti, the President of the European Bank for Reconstruction and Development, visits Romania on June 17 and 18 for talks with senior officials, business partners and civil soc...
Basescu Thinks IMF Board Will Validate A New Loan Agreement With Romania
Romanian President Traian Basescu said he thinks the IMF board will conclude that Romania has achieved most of the goals assumed under its two-year EUR3.6 billion loan agreement and will val...
Romania Posts Highest Annual Inflation In EU In May
Romania posted the highest annual inflation in the European Union in May, official data showed Friday.
IMF Formally Announces Guillermo Tolosa As New Resident Representative To Romania
The International Monetary Fund Friday said Guillermo Tolosa will be the institution’s new resident representative in Romania and Bulgaria, effective July 1.
Romania Pledges To Select Buyer For CFR Marfa On June 21; Deal Completion Conditional On Meeting All Contract Requirements
Romania pledges to select a buyer for a majority stake in state-owned freight railway carrier CFR Marfa on June 21, while highlighting that the completion of the transaction depends on meeti...
Romania Misses Over Half Of IMF Loan Targets; Applies For Waivers
Romania has missed over half of its goals assumed under a two-year EUR3.6 billion loan with the International Monetary Fund due for completion in late June, including a long-overdue reductio...