News » January, 2011 » 24 January 2011
Romania’s Follow-Up Deal With IMF May Not Include Bank Exposures - Sources
24.01.2011, 16:25 | Finance-Banks | 1917 views
Romania’s planned follow-up deal with the International Monetary Fund might not include a new agreement with the parent banks of the country’s top largest lenders, as the mother banks are maintaining their exposure at sufficiently high levels, people familiar with the negotiations said Monday. Early 2009, Romania secured a EUR20 billion aid package from the IMF, the European Commission and other international lenders to cushion the effects of the recession. Read more on Mediafax.ro
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