Results 326 - 350 from 428 for "imf"
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Tanasescu, IMF: I Don’t See Any Risks Of Romania Having To Draw Money From Precautionary Arrangement
12.12.2011
Securing additional budget revenues through a chain of swaps with state-run companies that are indebted both to one another and to the state budget will be one of the three major sources of boosting more
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Romania Extends List Of Companies That May Alter Deficit
12.11.2011
Romania and the International Monetary Fund have agreed to raise to 27 from 10 previously the number of public companies whose financial results must be included next year in budget deficit more
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IMF Calls On Romanian Government To Eliminate Requirements For Opening Hypermarkets
12.10.2011
The International Monetary Fund and the European Commission called on the Romanian Government again to eliminate restrictions for opening large retail stores, as the country failed to observe a more
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Basescu: Romania Doesn’t Have To Pitch In To Raise IMF Resources, But It Sure Could Have
12.09.2011
Romania doesn’t need to join the other EU states in a common effort to increase the financial resources of the International Monetary Fund, but it would have been “more than able” to do so if more
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Government Wants More Flexible Approach To Regulation Freezing Public Sector Hiring
12.09.2011
Romania’s Government wants a more flexible approach to the rule whereby only one in seven vacant public sector positions may be filled next year, with a view to applying it at a higher level, and more
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IMF Urges Romania To Privatize Main Thermal Power Producer
12.09.2011
The International Monetary Fund has asked Romania’s Government to transfer thermal power producer Electrocentrale Bucuresti (ELCEN) to the Economy Ministry and begin privatization procedures in an more
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Government Postpones Oltchim Privatization Until April 2012
12.08.2011
The International Monetary Fund has agreed to a four-month extension until April 2012 of the privatization deadline of Romanian state-run chemical plant Oltchim (OLT.RO), the government said in its more
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Govt Delays Selling Energy Companies Oltenia, Hunedoara Until End-2012
12.08.2011
Romania and the International Monetary Fund have agreed to delay by six months until the end of 2012 the privatization of the country’s planned energy companies Oltenia and Hunedoara, according to more
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Electrica To Transfer Supply Business To Electrica Furnizare
12.08.2011
Romanian government has decided power company Electrica SA is to transfer its supply business to its unit Electrica Furnizare and to privatize the latter by end-October 2012, according to the more
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Romania To Continue Layoffs In Railway Sector, Close Lines For Which Auctions Failed
12.08.2011
The Romanian Government will continue layoffs in the railway sector next year and will carry on auctions to lease 1,600 kilometers of extended railway, according to a letter of intent agreed with the more
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Romania To Put 2 New Firms Under Private Admin, Removes CFR Marfa From List
12.07.2011
Romania's government has taken out freight railway operator CFR Marfa from a list of state-owned companies to be run by private managers, while adding two new enterprises, according to the country’s more
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Senate Approves Two Letters Of Intent To IMF
11.29.2011
Romania's Senate on Tuesday approved two letters of intent from the Government to the International Monetary Fund, signed on December 22, 2010 and March 1, 2011, respectively. more
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Government, IMF In Negotiations To Raise Minimum Wage To RON700
11.25.2011
Romania's Government is in negotiations with the International Monetary Fund (IMF) to raise the gross minimum wage to 700 lei (EUR160) from RON670, said Finance Minister Gheorghe Ialomitianu on more
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Franks: Romania Might Raise Pensions, Wages By 3-4% Next Year, If Economy Permits
11.13.2011
Pensions and salaries will remain fixed in the first half of next year, but might be raised slightly in the second half, by 3-4%, if the economy permits, said Jeffrey Franks, head of the IMF more
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Government Wants To Reduce State Enterprise Arrears By RON5-6B In 2012
11.12.2011
Romania's Government estimates that restructuring the state-owned enterprises monitored through the agreement with the IMF will reduce their arrears by 5-6 billion lei (EUR1.15-1.38 billion) next more
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Romania To Raise Contribution To IMF By Almost EUR900M
11.08.2011
Romania will raise its contribution to the International Monetary Fund by SDR 781.2 million (about EUR900 million), from SDR 1.03 billion to SDR 1.81 billion, with three quarters of the raise to be more
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IMF: Investments, Healthcare, Arrears Remain Main Challenges For Romanian Authorities
11.07.2011
Carrying out public investments, reforming the healthcare system and reducing arrears are the Romanian authorities' main challenges, said IMF mission chief Jeffrey Franks on Monday. more
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Romania Unable To Use IMF Money To Fix Decline In Number Of Jobs
11.07.2011
Romania has been unable to “fix” the effects of the crisis with the International Monetary Fund money in four years as its economy lost 630,000 jobs. more
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Basescu: 2012 Budget Targets Deficit Of 1.9% In Cash Terms
11.03.2011
Romanian President Traian Basescu said Thursday, after a meeting with the IMF, World Bank and European Commission delegation, that next year's budget will be built on a deficit of 1.9% of the GDP in more
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Government Extends List Of Priority EU Projects To 100
11.03.2011
Romania's Government and the IMF agreed Wednesday evening to extend the list of priority EU-funded projects, from 60 to 100, but only by adding projects in need of low financing, less than EUR1 more
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Government Has IMF Consent To Maybe Raise Salaries In 2012
11.02.2011
The IMF agrees with salary and pension raises in the second half of 2012, budget resources allowing, but this does not guarantee such a decision would be made by Romania's Government, people close to more
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IMF Wants Romania To Privatize Electrica - Economy Ministry Official
10.31.2011
The International Monetary Fund is not highly interested in replacing low-efficiency thermal power producers with new units through privatization, but there is “pressure” to sell electricity more
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Pharma Industry Asks IMF To Push For Changes To Clawback System
10.28.2011
Pharmaceutical companies have asked the International Monetary Fund to urge Romania's Government to reduce the clawback tax to zero for generic drugs, allow at least 210 days for its payment and no more
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Franks, IMF: Romania Made Insufficient Progress In Dealing With Money-Losing Companies
10.26.2011
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 more
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IMF: Romania Must Shield Itself From Financial Turmoil
10.26.2011
Romania doesn’t need a full body armor against the international financial turmoil, but it should insulate itself well enough so it doesn’t become the next victim of the markets, an official of more