Franks, IMF: Romania Made Insufficient Progress In Dealing With Money-Losing Companies

10.26.2011 By Florentina Dragu

Romania has fallen behind in honoring its commitments to reorganize the state-owned companies and these have begun to behave like a lead ball, pulling down the economy, an official of the International Monetary Fund said Wednesday.

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Keywords:
FRANKS
, IMF
, STATE COMPANIES

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