Expats

IMF, EU trim Romania's growth forecast [Feb 05, 2012] The head of the International Monetary Fund mission to Romania, Jeffrey Franks, gives a press conference in Bucharest. The IMF and the European Union on Sunday said they had trimmed Romania's 2012 growth ... [via YahooNews] More >>

IMF official in Romania rejects criticism [Feb 05, 2012] ALISON MUTLER Associated Press BUCHAREST, Romania The head of the International Monetary Fund's mission in Romania on Sunday criticized politicians and media for accusing him of misconduct for having attended a party held by government officials at a time of harsh austerity measures. A video of the party that Jeffrey Franks attended last week at a restaurant in a Romanian mountain resort has ... [via YahooNews] More >>

Romania, IMF Agree on $664 Million Tranche as Balkan Nation?s Growth Slows [Feb 05, 2012] Romania and the International Monetary Fund reached a staff-level agreement to unlock about 505 million euros ($664 million) in funds from its standby loan, IMF Mission Chief Jeffrey Franks said. [via YahooNews] More >>

PSD calls on IMF to replace Jeffrey Franks as envoy to Bucharest [Jan 31, 2012] Moving on to another topic, Social-Democrat Party (PSD) vice-president Corina Cretu sent an open letter to the IMF director-general Christine Lagarde, requesting that Jeffrey Franks be relieved of his duties as chief-negotiator for Romania after the latter attended a party ?in a luxury resort? alongside Romanian civil servants, Mediafax reports. [via YahooNews] More >>

IMF revises Romania's economy growth forecast [Nov 07, 2011] The Associated Press The Associated Press BUCHAREST, Romania An International Monetary Fund official has revised down Romania's economic growth forecast for 2012 because of economic difficulties in Europe. Jeffrey Franks says Monday the country's economy should grow by 1.8 to 2.3 percent next year if consumer spending increases and Romania absorbs more European Union funds. The IMF had ... [via YahooNews] More >>

Romania May Need to Raise Interest Rates Later in Year, IMF?s Frank Says [Aug 01, 2011] Romania?s central bank may have to raise interest rates this year to counter possible energy-price increases, said Jeffrey Franks, the International Monetary Fund?s mission chief for the country. [via YahooNews] More >>

Hometownstations.com-WLIO- Lima, OH News Weather SportsForget austerity: Romanians fixate on the IMF shoe [May 10, 2011] BUCHAREST, Romania (AP) - In Romania this week, it's all about the shoe. Romania has borrowed billions from the International Monetary Fund but some are wondering whether IMF envoy Jeffery Franks needs a loan himself after he was seen wearing shoes with a hole to visit President Traian Basescu. [via YahooNews] More >>

Forget austerity: Romanians fixate on the IMF shoe [May 10, 2011] In this picture taken on May 5, 2011 Jeffrey Franks, head of the IMF mission to Romania is seen during a meeting with Romanian President Traian Basescu, not seen, in Bucharest, Romania. In Romania this week, it's all about the shoe. Romania has borrowed billions from the International Monetary Fund but some are wondering whether IMF envoy Jeffrey Franks needs a loan himself after he was seen ... [via YahooNews] More >>

Forget austerity: Romanians fixate on the IMF shoe [May 10, 2011] ALISON MUTLER Associated Press BUCHAREST, Romania In Romania this week, it's all about the shoe. Romania has borrowed billions from the International Monetary Fund but some are wondering whether IMF envoy Jeffrey Franks needs a loan himself after he was seen wearing shoes with a hole on a visit with President Traian Basescu. The image on Saturday has eclipsed any of Franks' comments about public ... [via YahooNews] More >>

Forget austerity: Romanians fixate on the IMF shoe [May 10, 2011] (05-10) 05:42 PDT BUCHAREST, Romania (AP) -- In Romania this week, it's all about the shoe. Romania has borrowed billions from the International Monetary Fund but some are wondering whether IMF envoy Jeffery Franks... [via YahooNews] More >>

Forget budget deficits, inflation, austerity: Romanians obsess over hole in IMF envoy?s shoe [May 10, 2011] BUCHAREST, Romania ? In Romania this week, it?s all about the shoe. Romania has borrowed billions from the International Monetary Fund but some are wondering whether IMF envoy Jeffrey Franks needs a loan himself after he was seen wearing shoes with a hole on a visit with President Traian Basescu. The image on Saturday has eclipsed any of Franks? comments about public spending, layoffs or ... [via YahooNews] More >>

Forget austerity: Romanians fixate on the IMF shoe [May 10, 2011] In Romania this week, it's all about the shoe. Romania has borrowed billions from the International Monetary Fund but some are wondering whether IMF envoy Jeffery Franks needs a loan himself after he was seen wearing shoes with a hole to visit President Traian Basescu. [via YahooNews] More >>

Romanian economy on track but reforms needed: IMF [May 09, 2011] (BUCHAREST ) - Romania's economy is on the right track but the pace of reforms must be maintained in order to avert possible shocks, the IMF head of mission Jeffrey Franks said on Monday. [via YahooNews] More >>

IMF says Romania's economy is stabilizing [Feb 08, 2011] (AP:BUCHAREST, Romania) An International Monetary Fund official says Romania's economy is stabilizing after two years of recession. Jeffrey Franks says Tuesday Romanian unprofitable state-owned companies must be reformed. [via YahooNews] More >>

IMF's Franks Urges Romania's Leaders to Continue With Austerity Measures [Jul 05, 2010] The International Monetary Fund is concerned the Romanian government, which cut wages and raised its sales tax last week amid protests, may be tempted to forgo further austerity measures as it tries to boost the economy, said Jeffrey Franks , the funds mission chief to Romania. [via YahooNews] More >>

IMF `Impressed' With Romanian Government's Deficit Commitment, Franks Says [Jul 03, 2010] The International Monetary Fund was very impressed with the Romanian governments commitment to its bailout agreement after it raised a sales tax to win approval, said Jeffrey Franks , the funds mission chief to the country. [via YahooNews] More >>

Interview with Pierre Martin, General Director of Emporiki Bank Romania. [Apr 19, 2010] The fourth IMF review mission, headed by Jeffrey R. Franks, will be visiting Bucharest as of April 27 throughout May 7. The mission is expected to disseminate its conclusions at the end of its visit, said Tonny Lybek, IMF Regional Resident Representative in Romania and Bulgaria, a press release informs. [via YahooNews] More >>