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Romania will fail to conclude a new IMF agreement before 2016 elections

Romania will not manage to conclude a new agreement with the International Monetary Fund (IMF) ahead of next year elections as desired by the authorities, given the history of Fund’s poor evaluations and increase of the budget deficit next year, ...

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IMF’s Tolosa: “Romania must ask the Fund to negotiate a new deal and then to discuss the options

First, Romania has to ask the International Monetary Fund (IMF) to negotiate a new agreement, if desired, and then it will analyze the type of agreement which can be concluded, Guillermo Tolosa, the Washington-based Fund’s resident representative said on Thursday ...

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