allocation

The International Monetary Fund on Thursday said it will allocate Romania some $1.4 billion as part of a larger program to inject $250 billion into member states’ foreign exchange reserves to boost liquidity.

Unionists from Romanian National Railroad Company CFR request the allocation of at least 500 million lei (EUR1 = RON4.2390) for infrastructure, the application of the RON600 minimum wage and the maintaining of jobs in the railway sector, union leader Gheorghe Popa told MEDIAFAX.