European Commission: We hope to finish the second evaluation of the Romanian agreement by end of January

The European Commission hopes to finish by the end of January the second evaluation of the financial agreement signed with Romania, which enforces the 1 billion euro installment for Romania, a EC press release reads. This position comes after a common EC and IMF delegation came in Bucharest on December 14-16 to continue talks regarding the multilateral assistance program. The mission acknowledged real progresses in terms of accomplishing the budgetary deficit set of 7.3% of GDP in 2009. ...

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