22 February 2011

Romania does not need the last part (one billion €uro) from the running funding plan granted by UE, IMF, Wold Bank and ERDB.
Simultaneously, beginning of negotiations for a new, “precautionary” agreement of two years, intended to sustain the current process of reform. This agreement amounts to five billion €uro ( 3.6 supplied by IMF and 1.4 by UE), but this financing will be requested only in case of a special event, such as a severe regional crisis.