News » March, 2011 » 25 March 2011
IMF OKs Final Review Of Stand-by Accord, New Deal Terms
25.03.2011, 17:41 | Finance-Banks | 1009 views
The Executive Board of the International Monetary Fund on Friday approved the final review of a EUR13 billion stand-by arrangement with Romania, and the terms of a new, precautionary deal that will start on March 31, an IMF official told Mediafax. "The unanimous opinion was positive on the country's efforts in the past two years. Romania now has some of the best outlooks in the region," said Mihai Tanasescu, Romania's representative at the IMF. Read more on Mediafax.ro
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