monitored companies

Romanian authorities and the International Monetary Fund have agreed to increase to 18 from 10 previously the number of companies monitored under a EUR3.5 billion follow-up deal with the international institution, according to the country’s technical memorandum of understanding.

Romania's Government has committed in an additional letter of intent to its International Monetary Fund deal to limit to 4 billion lei (EUR1=RON4.2821) the losses of ten of the biggest money-bleeding companies in 2010.