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Following marathon talks with Romania?s international creditors, incoming Finance Minister Florin Georgescu said the ... [May 06, 2012] The talks with the International Monetary Fund, the World Bank and the European Commission, talks that started in force on Friday at the National Bank of Romania (BNR) headquarters, were successfully wrapped up some 12 hours later, the Romanian side and the representatives of international institutions establishing on Saturday the terms of the new letter of intent to the ongoing precautionary ... [via YahooNews] More >>

Romania's anti-austerity protests [Jan 19, 2012] 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 ... [via YahooNews] More >>

Romania May Use Stronger Leu to Contain Prices, World Bank Official Says [Apr 21, 2011] Romania?s central bank may allow its currency strengthen to help bring the inflation rate within its target this year, the World Bank ?s economist to the country said. [via YahooNews] More >>

World Bank sees Romania leading E.Europe growth [Apr 19, 2011] world-bank BUCHAREST: Romania's economy will lead growth among the European Union's 10 emerging eastern states next year as its public finances improve and domestic demand recovers, the World Bank said on Tuesday. [via YahooNews] More >>

Romania May Get $486 Million World Bank Payment in January, Rantrua Says [Dec 14, 2010] Romania may receive a 360 million- euro ($485 million) loan payment from the World Bank in January if a high court upholds changes to the pension system that include raising the retirement age, the bank?s country manager said. [via YahooNews] More >>

Romania Agrees With Lenders of Conditions for $3.3 Billion Disbursement [Nov 01, 2010] Romania agreed to terms that may release 2.4 billion euros ($3.3 billion) of bailout loans from the European Union, International Monetary Fund and World Bank as it seeks to recover from the deepest recession on record. [via YahooNews] More >>

Romania May Get 360 Million-Euro Loan Payment From World Bank by End-Oct. [Sep 06, 2010] Romania may receive a 360 million- euro ($464 million) payment from the World Bank as part of its international bailout loan by the end of October, the bank?s country manager, Francois Rantrua said. [via YahooNews] More >>

Statement by IMF Mission Chief for Romania [May 11, 2010] A joint mission from the International Monetary Fund (IMF), the European Commission (EC), and World Bank (WB) visited Bucharest from April 27 to May 10 to review Romanias program. [via YahooNews] More >>