September 28, 2012
June 22, 2012
March 21, 2012
December 19, 2011
September 29, 2011
Article IV Staff Reports
Financial Sector Assessment Program
Projected % Change
Source: World Economic Outlook (April 2013)
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Romania: Financial Position in the Fund
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|Romania and the IMF|
Updated April 20, 2013
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|IMF Survey Online|
|April 15, 2011 -- IMF Survey: IMF Support Helping Restore Growth but Key Risks Ahead|
A new study finds that countries which sought financial support from the IMF in late 2008, after the failure of Lehman Brothers, are experiencing a return to growth. IMF financing helped countries stabilize their economies when their access to financial markets was seriously curtailed.
|March 25, 2011 -- IMF Survey: Romania Poised For Growth|
The IMF’s Executive Board approved March 25 the final review of Romania’s IMF-supported program, and agreed to the country’s request for a new €3.6 billion Stand-By Arrangement, which will be precautionary in nature. As was the case with the expiring program, this new program will be supplemented by funds from the European Union (EU) and the World Bank.
|May 11, 2010 -- IMF Survey: Romania: Delayed Recovery Now Expected|
IMF Romania mission chief Jeffrey Franks discusses the impact of Greece’s debt crisis on Romania’s economy and its banking sector, the new austerity measures announced by the government, and needed steps to improve competitiveness. Recent European financial turmoil has heightened risks, Franks says.
|March 31, 2010 -- IMF Survey: More Integration and Cooperation Is Way Forward for Europe, IMF Chief Says|
The benefits of European integration are beyond doubt in terms of the democracy, prosperity, and increases in living standards that it has delivered for ordinary people, IMF Managing Director told Romania's parliament on March 30 on the final leg of his European trip.
|March 26, 2010 -- IMF Survey: Difficult Choices Ahead for Europe's Policymakers|
The IMF's Managing Director Dominique Strauss-Kahn returns to Europe this week to visit Poland and Romania, as the world economy emerges from the crisis and the European Union is faced with a host of new challenges.
|December 28, 2009 -- IMF Survey: Multi-Speed Recovery Seen for Europe|
As 2009 draws to a close, IMF European Department Director Marek Belka says that what is striking about Europe is how differently countries fared during the global crisis. These different points of departure will also make for a multi-speed recovery, Belka argues.
|December 04, 2009 -- IMF Survey: Reforms Should Follow Stabilization in EU's New Members|
European Union countries in central and eastern Europe worst hit by the global financial crisis have successfully stabilized their economies and now should focus on reforms to put them back on the road to convergence with other EU members.
|October 28, 2009 -- IMF Survey: Agreement with Banks Limits Crisis in Emerging Europe|
In an interview, Erik Berglöf (European Bank for Reconstruction and Development) and Anne-Marie Gulde (IMF) discuss the impact of the European Bank Coordination Initiative, which has played a key role in helping emerging Europe avert systemic crisis.
|May 04, 2009 -- IMF Survey: Romania Receives Support from IMF to Counter Crisis|
After several years of strong growth, Romania was hit hard last year by the global economic downturn and approached the IMF for a loan. IMF mission chief Jeffrey Franks talks about Romania’s economic challenges and the goals of its IMF-supported program.
|March 25, 2009 -- IMF Survey: IMF Outlines Plan to Lend $17.5 Billion to Romania|
The IMF announces plans to lend about $17.5 billion to Romania to help the country cushion the effects of a sharp drop in private capital inflows. The loan program would include measures to address external and fiscal imbalances and to strengthen the financial sector.