IMF
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IMF pushes for CEC privatisation
The delays occurred in the privatisation of SNP (National Oil Company) Petrom and the lack of a strategic investor for BCR (Romanian Commercial Bank) have resurrected an older problem: the p...
IMF pushes for current account deficit cut
The International Monetary Fund feels that Romania cannot afford a current account deficit exceeding 5.2% of the Gross Domestic Product in 2004, given this year's estimated record of 6.5%. T...
IMF worried about rise in NPL
The main risk source for Romanian banks is the credit risk derived from fluctuations of the ROL exchange rate and of the interest rate to which the corporate sector is subjected, as shown in...
IMF clueless about thermal power distribution in Romania
The thermal power distribution system in Romania needs an improvement of the fiscal discipline in the sector, speeding up the installation of meters in individual households and firmer steps...
More IMF negotiations to follow next year
Talks between Government officials and the International Monetary Fund (IMF) delegation over a new one-year agreement will resume early next year. IMF's chief-negotiator, Neven Mates ends hi...
More IMF negotiations to follow next year
Talks between Government officials and the International Monetary Fund (IMF) delegation over a new one-year agreement will resume early next year. IMF's chief-negotiator, Neven Mates ends hi...
IMF: There is no room for slippages
The business climate in Romania may substantially deteriorate in 2004, and impact on the economic growth, if the market gets the idea that the Government is unable to cope with the electoral...
IMF: There is no room for slippages
The business climate in Romania may substantially deteriorate in 2004, and impact on the economic growth, if the market gets the idea that the Government is unable to cope with the electoral...
IMF wants single social tax rather thenb income tax
The International Monetary Fund (IMF) is not giving up the project it submitted to the Romanian authorities last year, which entails "gathering" all four social security contributions (socia...