01.19.2015

The government wants to end well Romania's current agreement with the International Monetary Fund and will decide in fall whether to take on a new agreement and what type of agreement it would be, more

12.09.2014

Romania’s government reached an agreement with the International Monetary Fund and the European Commission on next year’s budget, which includes a potential increase of the estimated deficit to more

12.05.2014

The International Monetary Fund and the European Commission asked the Romanian government to bring next year the budget deficit to 0.9% of the gross domestic product, but the local authorities are more

12.03.2014

The price of natural gas produced domestically and delivered to household consumers will not be raised until July 1, 2015, the Department for Energy said in a press release Wednesday. more

12.03.2014

Romanian Prime Minister Victor Ponta on Wednesday stated he would never understand the opinion of the Fiscal Council regarding this year’s third budget revision, adding that the International more

11.30.2014

Romanian government will negotiate with the representatives of the International Monetary Fund and European Commission a deficit of 2-2.1% of the GDP for 2015, while the additional 0.6-0.7% percentage more

11.19.2014

A joint delegation of the International Monetary Fund and the European Commission will visit Romania at the start of December to discuss with the local authorities the draft of the country’s budget more

11.19.2014

A new loan agreement between Romania and the International Monetary Fund would send investors a message of confidence and engagement regarding fiscal discipline and reform, Romanian investment fund more

10.24.2014

The central bank and the Finance Ministry have only EUR2.2 billion left to repay of the loan Romania took from the International Monetary Fund in 2009, with the former repaying most of this amount, more

10.07.2014

The International Monetary Fund revised downwards its forecast on Romania’s economic growth to 2.4% in 2014, versus a 2.8% increase seen in June, according to the World Economic Outlook report more

09.11.2014

Representatives of the Romanian government and central bank will go next week to Brussels for the next review of the loan agreement with the International Monetary Fund, marking the first time when more

07.17.2014

Romania’s planned social security tax cut is poised to help reduce the burden on labor and stimulate employment, but the authorities should present a clear set of measures aimed at offsetting the more

06.12.2014

The International Monetary Fund will likely delay until the fall its report on Romania’s progress under a EUR2 billion precautionary loan deal, after the fund’s review mission and the government more

06.12.2014

The Romanian Government and the International Monetary Fund (IMF) have failed to reach an agreement on the lowering of the social security contributions by five percentage points as of July 1, people more

05.29.2014

Romania’s economy is on its way to match the pre-crisis growth levels, but the recovery pace has been slower compared with other countries and the authorities should speed up the privatization of more

05.27.2014

A delegation of the International Monetary Fund will arrive in Romania next week to review the country’s progress under a EUR2 billion precautionary agreement signed last year. more

05.22.2014

Romanian meat producers and processors have sent an open letter to the International Monetary Fund (IMF), asking it to agree to Romania’s lowering the value added tax on meat and meat products to more

05.08.2014

Romania has made sufficient progress to sustain economic growth without further help from its international creditors, central bank governor Mugur Isarescu said Thursday. more

04.01.2014

The Romanian government is facing mounting pressures to relax fiscal policies and slow down reforms ahead of the presidential elections in November, the International Monetary Fund said in a report more

04.01.2014

The International Monetary Fund on Tuesday said Romania should probably wait at least until next year to lower the level of social security contributions, but expressed its openness to earlier more

04.01.2014

Romania’s planned exemption on its recently introduced excise tax on fuels must be compensated by “strong measures” that will offset the resulting fiscal gap, an official with the International more

03.26.2014

The International Monetary Fund has completed the first two reviews of Romania’s economic performance under a two-year precautionary loan agreement, enabling the disbursement of an additional amount more

03.09.2014

Romania’s Government is hoping hydropower producer Hidroelectrica will exit insolvency quickly in order to sell 15% in the company within the initial deadline set for the end of June 2014, according more

03.05.2014

Romanian President Traian Basescu Wednesday said he approved the memorandum concerning a EUR4 billion loan program with the International Monetary Fund (IMF) and the European Union (EU). more

02.26.2014

Romanian Government approved the letter of intent to a EUR4 billion loan program with the International Monetary Fund and the European Union and will send the document to President Traian Basescu for more