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Image header Agence Europe
Europe Daily Bulletin No. 10138
Contents Publication in full By article 12 / 31
GENERAL NEWS / (eu) eu/economy

Romania needs to reinforce its budgetary consolidation efforts

Brussels, 11/05/2010 (Agence Europe) - A joint European Commission, IMF and World Bank mission was in Romania from 26 April to 10 May to assess implementation of the economic programme adopted as part of the balance of payments support mechanism (which intervenes with €5 billion out of the international financial assistance package of €20 billion). Since activation of the package in April/May 2009, the Romanian currency (RON) has stabilised, inflation has been kept under control and...

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