11.09.2012

Romania and the International Monetary Fund will discuss the terms of a potential follow-up loan agreement at the fund’s next review mission in January 2013, Finance Minister Florin Georgescu said more

10.15.2012

Romania will need a new and more advanced agreement with the International Monetary Fund and the European Commission next year and, by accelerating the reforms agreed upon with its external partners, more

08.14.2012

The International Monetary Fund Tuesday said its approval of the latest quarterly review of Romania’s progress under a multilateral loan program is conditional upon the implementation of four key more

07.26.2012

The announcement by Finance Minister Florin Georgescu on Wednesday that Romania will seek another two-year precautionary agreement with the IMF is a clear attempt to calm suspicions of foreign more

07.16.2012

Ukrainian state-run oil and gas company Naftogaz Monday said it has signed a cooperation agreement with Romanian oil group Rompetrol with a view to set up a joint venture in Ukraine that will run up more

07.09.2012

Persistent political uncertainty in Romania could endanger the country’s EUR5 billion loan agreement with the International Monetary Fund and the EU, but the eastern European nation would likely more

07.05.2012

Romania and the United States of America Thursday signed a protocol which extends for seven more years a bilateral agreement signed on March 30, 1998 regarding cooperation in preventing the more

04.19.2012

Romanian President Traian Basescu on Thursday passed the law ratifying the Stability and Association Agreement between the European Union and Serbia, the Presidency said in a press release. more

03.28.2012

Bucharest bourse operator (BVB.RO) and the London Stock Exchange Group, or LSEG, concluded Wednesday an agreement for collaboration in five key areas of business, the companies said in a joint news more

02.08.2012

Romania shouldn’t seek a new financial agreement with the International Monetary Fund once the current one ends in 2013, because it would send a negative signal to the markets, central bank governor more

02.05.2012

The International Monetary Fund's evaluation mission in Romania will recommend to the board approving the next tranche, worth EUR505 million, of the precautionary agreement, mission chief Jeffrey more

12.28.2011

Romania sealed another two-year arrangement with the International Monetary Fund this spring, which it has so far treated as precautionary, as it has not drawn money from the amounts made available by more

12.23.2011

The agreement between the United States and Romania on the deployment of a U.S. ballistic missile defense system in southern Romania has taken effect Friday, December 23, the Romanian Foreign Affairs more

12.20.2011

The World Bank could provide new aid to Romania in 2012 under a precautionary loan agreement to be accessed in case of emergency, similar to a financial program signed with the International Monetary more

12.20.2011

Romania has made “good progress” under a EUR3.6 billion loan agreement signed with the International Monetary Fund and is on track to meet its 2011 fiscal targets, but the escalation of the euro more

12.15.2011

Romanian President Traian Basescu said Thursday he passed the law ratifying the U.S.-Romanian agreement on the deployment of a U.S. ballistic missile defense system in the East European country. more

12.13.2011

The European Investment Fund and Romania’s UniCredit Tiriac Bank have signed a guarantee agreement under the Joint European Resources for Micro to Medium Enterprises (JEREMIE) initiative, allowing more

12.12.2011

Romanian Transport Ministry state secretary Alexandru Nazare and Bulgarian Transport Minister Ivailo Moskovski signed an agreement in Brussels to set up a functional airspace block through which more

12.12.2011

Securing additional budget revenues through a chain of swaps with state-run companies that are indebted both to one another and to the state budget will be one of the three major sources of boosting more

11.07.2011

Romania’s flexible agreement with the parent banks of the top nine local lenders could pose some risks pertaining to capital levels, but the central bank has the means to monitor as well as control more

11.02.2011

The government approved a new exploration, development and drilling agreement between local mineral resources manager ANRM and Irish Moesia Oil and Gas, for a block spanning over some 1,000 square more

10.31.2011

The International Monetary Fund is not highly interested in replacing low-efficiency thermal power producers with new units through privatization, but there is “pressure” to sell electricity more

10.28.2011

Nine of the ten foreign banks that control local top ten lenders need billions of euros to recapitalize. Out of the ten-hour talks conducted by the leaders of the euro zone on Wednesday night, Romania more

10.25.2011

Threatened by a new wave of recession, Romania is faced with the real danger of foreign banks halting financing; the leaders of the euro zone should find a solution resembling the former Vienna more

10.12.2011

Romania and Bulgaria on Wednesday signed an agreement regarding cooperation in police education, training and qualification, following the meeting between Interior Minister Traian Igas and Veselin, more