imf

Romania Plans To Borrow EUR19B From EU, IMF – Sources

15:18, 10 Mart. 2009
The Romanian Government intends to borrow EUR19 billion from the European Commission and the International Monetary Fund, following an evaluation made by the Finance Ministry and the central bank, government sources told MEDIAFAX.

Romania Should Borrow Over EUR10 Billion – Analysts

20:52, 09 Mart. 2009
Romania could conclude a deal with the International Monetary Fund by the end of April. The deal should be valid through 2010 and the financing package from the European Union and the other international financial institutions should be larger than EUR10 billion, analysts said Monday.

IMF Mission Visits Romania For Discussions On Potential Program

19:13, 09 Mart. 2009
An International Monetary Fund mission will visit Romania later this month to hold discussions on a potential IMF program for Romania, the institution said Monday in a statement.

Romania Needs External Loan As „Safety Belt” – President

17:38, 09 Mart. 2009
Romania needs a foreign loan as a “safety belt” for the private sector and the current account deficit, not to finance its public debt and budget deficit, Romanian President Traian Basescu said Monday in the Parliament.

Romanian Former PM Believes Romania Does Not Need IMF Deal

16:17, 09 Mart. 2009
Former Romanian Prime Minister Calin Popescu Tariceanu said Monday that debating the agreement with the International Monetary Fund in Parliament is unnecessary and that the Parliament may not give the Government carte blanche, but that the official request for a loan must come from the Government.

IMF Comes To Romania For Periodical Information – Deputy PM

13:43, 09 Mart. 2009
Romanian deputy prime minister Dan Nica said Monday that the delegation of the International Monetary Fund is coming to Romania to assess the economic situation and the effects of the crisis, as well as the steps to be taken for better regulations in the financial-banking system.

Romanian Social Democrat Head Sees IMF’ Presence In Bucharest Next Wk

15:30, 07 Mart. 2009
Social democrat leader Mircea Geoana said on Saturday he has information regarding the International Monetary Fund’s “presence in Bucharest” next week for “exploratory” talks in the light of an agreement.

Romania Tests Loan Conditions With IMF, EC – Fin Min

13:32, 04 Mart. 2009
Romania is discussing with both the European Commission and the International Monetary Fund to see the structure, the value and the conditions of an eventual loan, Finance Minister Gheorghe Pogea said Wednesday.

Romanian Delegation Talks With IMF On Potential Agreement – Sources

17:58, 02 Mart. 2009
A Romanian delegation including central bank deputy governor Cristian Popa and Finance Ministry secretary of state Bogdan Dragoi is currently in Washington to discuss with the International Monetary Fund a potential agreement, official sources told MEDIAFAX.

Romania May Take A Decision On IMF Loan In 2 Wks

13:14, 13 Feb. 2009
Romania might take a decision regarding an agreement with the International Monetary Fund, or IMF, in two weeks at most, the country’s Finance Minister Gheorghe Pogea said Friday.

IMF Advises Romania To Further Cut Budget Spending

18:56, 04 Feb. 2009
The International Monetary Fund, or IMF, advised the Romanian authorities to harshen fiscal policy by significantly cuts in public spending, as revenues for 2009 are unpredictable and grounded on a too optimistic economic growth forecast, governmental sources told MEDIAFAX.

IMF: Romanian Economy May Shrink In ‘09

17:37, 04 Feb. 2009
The International Monetary Fund, or IMF, said Wednesday that Romania’s economy might shrink in 2009, due to a severe weakening in all economic areas.

Romanian Govt May Ask IMF, EC For A Loan – PM

21:07, 29 Ian. 2009
Romania has indeed problems with the external deficit financing, but has several options such as taking a loan from the European Commission or the International Monetary Fund, none of the solutions being excluded, Prime Minister Emil Boc said Thursday.

Romanian Pres Says He Has Not Met IMF Experts At Fin Ministry

18:09, 28 Ian. 2009
Romanian President Traian Basescu said Wednesday that he did not meet the International Monetary Fund experts at the Finance Ministry headquarters during the day.

Romanian Pres, PM, Fin Min Did Not Take Part In Fin Ministry Talks With IMF Mission

16:42, 28 Ian. 2009
The International Monetary Fund mission in Romania had regular talks with experts within the Finance Ministry on Wednesday, and Romania's President Traian Basescu, Prime Minister Emil Boc and finance minister Gheorghe Pogea did not take part in the discussion, the Finance Ministry stated.

Romanian May Take Up To EUR7 Billion Loan From EU, Under IMF Supervision – President

15:05, 27 Ian. 2009
Romanian President Traian Basescu said Tuesday he announced the European Commission that Romania plans to take a EUR6-7 billion loan from the EU, under the supervision of the International Monetary Fund.

IMF Says Romania Not Asked For A Program

17:49, 23 Ian. 2009
Romania has not requested an agreement with the International Monetary Fund, and the institution is not pressing Romanian government to request such a program, IMF stated Friday in a press release.

Romanian Pres: A Loan From IMF Is “The Last Thing To Do”

12:46, 16 Ian. 2009
Romanian President Traian Basescu said Friday that “the last thing Romania would do” is take a loan from the International Monetary Fund, or IMF.

IMF Mission Visits Romania End January

13:47, 09 Ian. 2009
A mission of the International Monetary Fund will visit Romania end-January to evaluate the economic situation and discuss the new government’s policies, IMF representative in Romania Juan Fernandez-Ansola told MEDIAFAX Friday.

IMF Cuts Romania’s ’09 Econ Growth Forecast To 3.5%, From 4.8%

13:21, 26 Nov. 2008
The International Monetary Fund forecasts Romania’s economy will grow by 3.5% in 2009, below the 4.8% growth rate seen in October, as the global turmoil affected local banks’ ability to get funds from abroad, which limits investments and consumption, and also due to a severe slowdown in exports.

Ctrl Bker: Romania Does Not Need IMF Financing

18:33, 28 Oct. 2008
Romanian central bank's deputy governor Cristian Popa said Tuesday that Romania does not need a financing from the International Monetary Fund, or IMF, and that the country does not face financial problems.

Intl Oil, Food Prices Rise To Add 0.6 Pp To Romania’s Curr Acct Def To 13.6% Of GDP

17:16, 01 Iul. 2008
The combined rise in prices for oil and food products is seen adding 0.6 percentage points to Romania’s 2008 current account deficit, which is seen at 13.6% of gross domestic product, the IMF said in a report Tuesday.

Romania Still Vulnerable To International Financial Mkt Turmoil – IMF

15:14, 28 Iun. 2008
World financial market tensions contributed to a sharp nominal depreciation of the Romanian leu, and Romania remains vulnerable to additional adverse spillovers from events in global markets, the International Monetary Fund, or IMF, said Saturday.

IMF Urges Romania To Oppose VAT Cut For Food, Earlier Pension Hikes

15:58, 04 Mai 2008
The International Monetary Fund, or IMF, urged Romanian authorities to strongly oppose a reduction in value added tax (VAT), moving up pension increases and advises cautiousness not to overrun the public sector wage bill.

IMF: Romania’s Wage Policy Lacks Transparency

18:45, 23 Apr. 2008
Romania’s public wage policy is not entirely transparent, given the bonuses granted to employees that add to base salaries, the International Monetary Fund said Wednesday.

IMF Sees Romania’s GDP Growth Slowing To 4.7% In 09

14:01, 22 Apr. 2008
Romania’s economic growth is seen slowing to 4.7% in 2009 and possibly to harsher levels, on likely spillovers from global financial market turmoil, the International Monetary Fund said Tuesday.

Romanian Ctrl Bk Should Further Tighten Monetary Policy-IMF

12:06, 22 Apr. 2008
Romania should see more monetary policy tightening measures to hold back country’s peaking inflation, the International Monetary Fund said Tuesday.

IMF Sees Romania’s Inflation Slowing To 6.3% In ’08

17:52, 09 Apr. 2008
Romania’s 2008 consumer price index is seen rising by 6.3% at the end of the year, a slowdown compared with 6.57% in December 2007, the International Monetary Fund, or IMF, said in a report.

Real Estate Prices In Romania To Keep Rising – IMF

16:25, 14 Nov. 2007
Real estate prices in Romania will continue to rise as foreign capital inflows have not saturated the market, Juha Kahkonen, senior consultant with the International Monetary Fund said Wednesday in Warsaw.