Sponsored Content
Romania´s President Opposes the IMF
People ♦
Published: January 24, 2014; 21:24 ♦ (Vindobona)

Sponsored Content
Traian Basescu is strictly against imposing an additional tax on fuel. Whether Romania will achieve the budget target is highly uncertain.

In July 2013, Romania´s government has secured a preemptive loan in the amount of € 4.0bn. The loan will be only drawn in case of need. According to the agreement, Romania is obliged to achieve a budget deficit of 2.2% of the GDP.
Now, Romania´s negotiations with the IMF are proving difficult. After a meeting with representatives from the IMF in Romania´s capital Bucharest,…
or Log In
Sponsored Content
Sponsored Content
Sponsored Content
Sponsored Content
Fast News Search
Related News
„Only A Catastrophy Will Bring a Change“ (January 21, 2014)
Citizens from CEE Major Benefit for EU (January 15, 2014)
IMF and EBRD Deeply Concerned Over CESEE (January 14, 2014)
CESEE: Lack in FDI Causes Modest Economic Growth (January 14, 2014)
Romania: Economic Growth not Sustainable Yet (January 11, 2014)
Sponsored Content
Read More
Featured
Sponsored Content