Expats

Romania president cautious on deficit hike [May 06, 2012] (BUCHAREST ) - Romania's president said Sunday he backed a deal with the country's lenders IMF and the EU that allows public servants' wages to be restored but warned that its deficit has to be kept under control. [via YahooNews] More >>

Romania president cautious on pay rise deal with IMF [May 06, 2012] (BUCHAREST ) - Romania's President Traian Basescu said Sunday he would oppose a deal with the IMF and the EU to raise public wages if it meant exceeding the public deficit target set for 2012. [via YahooNews] More >>

Romania's PM-designate to reassure IMF on reforms [Apr 28, 2012] Romania's leftist prime minister-designate Victor Ponta said on Saturday he would reassure the IMF of his intention to continue reforms agreed with the international lender. [via YahooNews] More >>

IMF, EU to conduct new assessment mission in Romania [Apr 12, 2012] (BUCHAREST ) - The International Monetary Fund and the European Union will review economic reforms in Romania during a new audit, from April 24 to May 7, the IMF said on Thursday. [via YahooNews] More >>

The fiscal imbalances that Romania could easily manage during the period of economic boom started to be actually seen ... [Mar 27, 2012] Fiscal factors were the ones that influenced the worsening of the economic crisis in Romania most, Tonny Lybek , IMF representative for Romania and Bulgaria, stated, evz.ro informs. The statement was made yesterday during a conference organized by ?Financial Times? in Bucharest. [via YahooNews] More >>

IMF mission chief meets Romania's new premier [Feb 22, 2012] The International Monetary Fund chief to Romania has held talks with the country's new prime minister, weeks after his predecessor resigned following weeks of protests over IMF-imposed austerity measures. [via YahooNews] More >>

Romania ruling party up in polls after government change [Feb 20, 2012] BUCHAREST (Reuters) - Romania's ruling Democrat-Liberal Party has regained some ground after a government change earlier this month but the main opposition group would still win a parliamentary majority, an opinion poll showed on Monday. Emil Boc resigned as premier on February 6 following weeks of protests against an IMF-approved regime of spending cuts and tax increases and was quickly ... [via YahooNews] More >>

IMF mission chief to Romania to meet new PM [Feb 17, 2012] The International Monetary Fund says it will hold talks with Romania's new prime minister ? weeks after his predecessor resigned following weeks of protests over IMF-imposed austerity measures. [via YahooNews] More >>

Romania's new government wins parliamentary approval [Feb 10, 2012] BUCHAREST (Reuters) - Romania's new prime minister Mihai Razvan Ungureanu won parliamentary approval on Thursday for a government that offers little political change but might ease some austerity measures as an election nears. Four days after Emil Boc resigned as premier following weeks of unrest against an IMF-approved regime of spending cuts and tax increases, Ungureanu and the president ... [via YahooNews] More >>

Romania's new govt wins parliamentary approval [Feb 09, 2012] BUCHAREST (Reuters) - Romania's new prime minister Mihai Razvan Ungureanu won parliamentary approval on Thursday for a government that offers little political change but might ease some austerity measures as an election nears. Four days after Emil Boc resigned as premier following weeks of unrest against an IMF-approved regime of spending cuts and tax increases, Ungureanu and the president ... [via YahooNews] More >>

Romania's new govt wins parliamentary approval [Feb 09, 2012] BUCHAREST (Reuters) - Romania's new prime minister Mihai Razvan Ungureanu won parliamentary approval on Thursday for a government that offers little political change but might ease some austerity measures as an election nears. Four days after Emil Boc resigned as premier following weeks of unrest against an IMF-approved regime of spending cuts and tax increases, Ungureanu and the president ... [via YahooNews] More >>

Romania's new government wins parliamentary approval [Feb 09, 2012] BUCHAREST (Reuters) - Romania's new prime minister, Mihai Razvan Ungureanu, won parliamentary approval on Thursday for a government that offers little political change but might ease some austerity measures as an election nears. Four days after Emil Boc resigned as premier following weeks of sometimes violent street protests against an IMF-approved regime of spending cuts and tax increases ... [via YahooNews] More >>

Anti-cuts protests push Romania PM out [Feb 08, 2012] BUCHAREST (Reuters) - Romanian Prime Minister Emil Boc resigned on Monday, joining a list of European leaders felled by fury at the kind of spending cuts that prompted weeks of mass protests in Bucharest against IMF-backed austerity. Twenty-two years after they overthrew communist dictator Nicolae Ceausescu, Romanians are the second-poorest people in the EU, earning just a fraction of neighbors ... [via YahooNews] More >>

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 >>

UPDATE 1-IMF makes $661 mln available for Romania if needed [Dec 20, 2011] (Adds details, comment) WASHINGTON, Dec 19 (Reuters) - The InternationalMonetary Fund said on Monday that Romania was making goodprogress under an IMF-supported economic program, and it freedup a further ... [via YahooNews] More >>

Romania has agreed to liberalize prices for gas and electricity [Nov 09, 2011] Romania's leadership agreed with the IMF on the privatization of the energy complex and mining industry, as well as the liberalization of prices for gas and electricity. [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 >>

President Basescu: There?s no risk Romania will skid over [Nov 06, 2011] Despite the less than encouraging signals from the European markets, the Romanian president Traian Basescu stated last Thursday after his meeting with the representatives of the IMF, WB and EC joint delegation that he remained optimistic as regards the country?s economic prospects for 2012 and that there was no risk of Romania skidding over, provided the terms agreed upon with the international ... [via YahooNews] More >>

Romanian economy recovering but measures still needed: IMF [Aug 01, 2011] (BUCHAREST ) - Romania's economy is recovering and on track for solid growth in 2012 but authorities must continue efforts to cut back public spending and reform state-owned enterprises, the IMF said Monday. [via YahooNews] More >>

IMF: Romania Meeting Economic Goals [Jun 28, 2011] IMF: Romania Meeting Economic Goals [via YahooNews] More >>