News » January, 2011 » 7 January 2011
IMF will release the seventh installment of about 900 million euro
07.01.2011, 23:13 | Finance-Banks | 810 views
IMF board approved on Friday the sixth evaluation of the agreement with Romania and its supplementary letter so that the institution will release the seventh installment worth about 900 million euro that will be delivered most probably on Monday in the account of the Romanian National Bank, Romanian news agency Mediafax reads. The information was confirmed by Romania’s representative to the IMF, Mihai Tanasescu. A common IMF/EC mission was in October in Bucharest to revise the agreement with Romania and evaluate whether all criteria were fulfilled for the end of September. Read more on Hotnews.ro
|
Latest news in category Finance-Banks
NBR governor Mugur Isărescu apparently ignores the fact that banks are refusing to negotiate with their customers and insists, after the passing of the law of giving in payment, that the parties of the loan agreement should negotiate: "Negotiation is the basis of the functioning of the market economy, in the European Union, because that is where we are living. Romania was and has been a loyal partner to the European project and we should not forget that". read more...
The European Central Bank (ECB) pursues its mandate and defends its independence, according to statements of the president of the institution, Mario Draghi, who responded yesterday, to some criticisms coming from several German officials concerning the lax monetary policy of the ECB. read more...
The British pound yesterday saw the biggest decline against the dollar since March 2009, after London mayor Boris Johnson, one of the most popular politicians in the country, said he would start a campaign in favor of the United Kingdom leaving the European Union (Brexit) in the referendum scheduled in June. read more...
|
|
