News » January, 2011 » 18 January 2011
World Bank To Join IMF, EU For Romania Follow-Up Deal
18.01.2011, 14:00 | Finance-Banks | 723 views
The World Bank is prepared to offer Romania technical and financial assistance for its planned follow-up deal with the International Monetary Fund and the European Commission, much like it did when the initial bailout package was signed two years ago, a World Bank official said Tuesday. Peter Harrold, Country Director for Central Europe and the Baltic Countries at the World Bank, said the new loan agreement will most likely be signed for two years, but the exact duration will be set after discussions with the authorities in Bucharest. Read more on Mediafax.ro
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