IMF: Romania Economy On Track, But Risks Increased ‘Considerably’

12.20.2011 By Florentina Dragu

Romania has made “good progress” under a EUR3.6 billion loan agreement signed with the International Monetary Fund and is on track to meet its 2011 fiscal targets, but the escalation of the euro zone crisis is putting increasing pressure on the economic development, an official of the IMF said.

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