Sunday, March 22, 2009

Romania asked the IMF and the EU 20 billion euros.

SyuzhetyAntikrizisnye loans MVF17.03.2009Serbiya receive credit for three billion evroRumyniya asked the International Monetary Fund (IMF) and the EU crisis loan of 20 billion euros. The statement was made by President Traian Bashesku (Traian Basescu), reported AFP. These funds are needed for the implementation of the country of government programs to stimulate the economy.
According to Bashesku, in addition to the IMF and the EU, to participate in a loan may also be the World Bank, European Bank for Reconstruction and Development and European Investment Bank. Terms of preliminary agreements, the Romanian Government is planning to publish in the next few days.
According to the Government of Romania, the country's economy in 2009 will grow by 2.5 per cent and fiscal deficit of 2 percent of GDP. Nevertheless, GDP growth could be significantly lower due to the decline in export volumes. According to Bashesku, in January 2009, exports declined by 24 percent, resulting in increased unemployment and lower tax revenues.
The fact that Romania started negotiations with the IMF and the EU on the credit crisis, it was reported March 10, 2009. Then, the Romanian Government expects to be able to get the $ 15 billion from the IMF and the 9 billion dollars from the EU. In total, the country counted on the loan of 24 billion dollars (18.4 billion euros).

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