The referendum on whether to oust suspended President Traian Basescu or not is scheduled for July 29 and the delegation will visit Romania in the week following this date, Ponta said.
On July 4, Finance Minister Florin Georgescu announced that a joint team of the International Monetary Fund, the European Commission and the World Bank would come to Bucharest on July 24 or July 25 for a new review of a precautionary agreement signed in the spring of 2011.
In April 2011, Romania and the IMF signed a two-year precautionary loan agreement, successor to a EUR20 billion bailout package received during 2009-2011. The new deal also includes EUR1.4 billion financing from the European Union and a EUR400 million loan from the World Bank.