News tagged "international monetary fund"
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IMF, EU trim Romania's growth forecast
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 ...
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IMF official in Romania rejects criticism
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 ...
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Romania, IMF Agree on $664 Million Tranche as Balkan Nation?s Growth Slows
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.
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IMF to Romania: Cap wage increases to help growth
An International Monetary Fund official says Romania's economy will grow slightly this year.
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Unions rally, tell Romanian PM to quit
BUCHAREST (Reuters) - Thousands of Romanians rallied in Bucharest on Tuesday to demand the government resigns over its tough austerity measures, the latest in a wave of protests that have led to some concessions but no change in policy. The hardship caused by austerity measures passed in 2010 to keep a 20-billion-euro International Monetary Fund-led bailout on track has until recently provoked ...
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Romania's anti-austerity protests
In 2009, Romania took a two-year $27.5 billion loan from the International Monetary Fund, the European Union and the World Bank as its economy shrank by 7.1 percent. It imposed harsh austerity measures under the agreement, reducing public wages by 25 percent and increasing taxes. Anger has mounted over the wage cuts, slashed benefits, higher taxes and widespread corruption. Ongoing protests for ...
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Romania budget deficit edges down in Jan-Oct
Romania, which has a 5 billion euro (S$8.7) aid deal led by the International Monetary Fund. -Reuters
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Romania opposition commits to IMF deal
BUCHAREST (Reuters) - Romania's opposition centre-left alliance, with a strong lead in opinion polls, would stick to the terms of an IMF bailout if it wins a 2012 general election, its leader said on Thursday. The current centrist government of Prime Minister Emil Boc slashed salaries and raised value added tax to conclude a 20 billion International Monetary Fund-led bailout earlier this year ...
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IMF revises Romania's economy growth forecast
An International Monetary Fund official has revised down Romania's economic growth forecast for 2012 because of economic difficulties in Europe.
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IMF revises Romania's economy growth forecast
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 ...
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Romania budget deficit go below 3pc
BUCHAREST : Romania 's government should build the country's 2012 budget on a deficit much lower than the targeted 3 percent of gross domestic product, a level agreed the International Monetary Fund, President Traian Basescu said on Monday.
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IMF, EU to conduct new evaluation mission in Romania
(BUCHAREST ) - The International Monetary Fund and the European Union will conduct a new evaluation mission in Romania from October 25 to November 7 to look at the Balkan country's economy.
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IMF warns Romania to speed up reforms
An official of the International Monetary Fund has warned that reforms are slowing in Romania ahead of a general election.
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Romania's 2011 GDP revised upwards
BUCHAREST : Romania 's economy will likely grow 1.7 percent this year boosted by a better-than-expected harvest, above a 1.5 percent government and International Monetary Fund forecast, the head of the national forecast committee was quoted as saying.
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Romanian minister nixes IMF hopes of wage hikes
Romania's labor minister says it would be foolish to increase public sector wages, days after an International Monetary Fund official said the country could afford to do so, as the economy rebounds.
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Romania May Need to Raise Interest Rates Later in Year, IMF?s Frank Says
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.
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IMF: Romania's economy growing again
(08-01) 04:14 PDT BUCHAREST, Romania (AP) -- An International Monetary Fund official on Monday praised Romania for sticking to austerity measures, saying the East European nation can afford to increase public sector...
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IMF: Romania's economy growing again
share: digg facebook twitter BUCHAREST, Romania (AP) ? An International Monetary Fund official on Monday praised Romania for sticking to austerity measures, saying the East European nation can afford to increase public sector wages as the economy rebounds. [...] the good news is tempered by the fact that wages will still remain lower than in 2010 when the government began tough austerity ...
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IMF says Romania's economy growing again; public sector wages may be increased
BUCHAREST, Romania - An International Monetary Fund official says Romania can afford to increase public sector wages as the economy rebounds.
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Hometownstations.com-WLIO- Lima, OH News Weather SportsIMF: Romania's economy growing again
BUCHAREST, Romania (AP) - An International Monetary Fund official says Romania can afford to increase public sector wages as the economy rebounds.
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