IMF
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Offers of EUR2bn, promised to the Bourse in the next two years. How many will materialize?
Under IMF pressure, the Economy Ministry is making further promises and says it is going to float stakes of 15% in Hidroelectrica and Nuclearelectrica each next year. However, the experience of the past two years shows that it takes years before promises mater...
IMF sees Government organising tenders "on TV" to recruit private managers
The Government is set to conduct transparent international tenders based on the "TV model" to select consultancies that will handle the recruitment of independent professional managers for a...
IMF: We have clear signs growth is resuming. Consumption will rise as well
The IMF says the probability of recession returning to Romania this year is very low and expects economic results will confirm the return of growth
Social security contributions will not be cut, economic growth forecast revised down for 2012, kept at 1.5% for 2011
The IMF and the Government are today presenting the results of the first review of the new precautionary arrangement with the IMF, after last week the two parties had yet to reach final agre...
IMF says economy is starting to recover, which also carries the risk of reforms being dropped
IMF says the Romanian economy is starting to rebound, exports continue to increase and consumer and investor confidence, although low, is showing signs of recovery, yet warns that there is a...
New arrangement with IMF precautionary only in its intention
The Government and the NBR asked the IMF that the current funding arrangement approved at the end of March to be stand-by, the same as the one signed in 2009, with the only distinction being...
New 3.5bn-euro IMF arrangement has been approved
The new two-year precautionary arrangement with Romania, which starts on March 31st, has received the green light from Washington on Friday, and is set to focus on stimulating the economy by...
Romania ends arrangement with IMF on Friday with a bill of 11.9bn euros plus interest
The stand-by arrangement with the IMF whereby Romania took out the record-high 12.9 billion-euro loan two years ago, ends Friday March 25, when the board of the financial institution based i...
Franks, IMF: The big disappointment is the economy has not returned to growth
The IMF's big disappointment after two years of arrangement with Romania is that the economy has yet to return to growth, says Jeffrey Franks, the head of the mission negotiating and managin...