Loan Romania Latest Information

 

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.

IMF Official in Romania Rejects Criticism
IMF official in Romania criticized for attending a party denies any wrongdoing

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 ...

IMF official in Romania criticized for attending a party denies any wrongdoing
BUCHAREST, Romania (AP) — The head of the IMF mission in Romania has 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.

IMF to Romania: Cap wage increases to help growth
An International Monetary Fund official says Romania's economy will grow slightly this year.

Everton striker tipped for Romania
Everton Football Club’s Joao Silva could be leaving England this month. The 21-year-old has been at Goodison Park since 2010, but he has yet to force his way into the first team picture under manager David Moyes.

New anti-government protests in Romania
About 2,000 people demonstrated against Romania's harsh austerity measures in cities across the country on Wednesday and demanded the government's resignation.

Hometownstations.com-WLIO- Lima, OH News Weather SportsIMF official in Romania rejects criticism
BUCHAREST, Romania (AP) - The head of the IMF mission in Romania has 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.

Romania opposition supporters to march Jan 19
Protests continue across Romania, as hundreds call for President’s resignation denouncing the government’s austerity measures.

Romania fires foreign minister for calling protestors “inept and violent slum dwellers."
Brussels — After two weeks of protests, Romania could become Europe’s next crisis hotspot. read more

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