Gabriel Petrescu

Romania repays over 1.56 bn euros to IMF, EU and WB since start-2015

Romania has repaid, since the start of this year, over 1.567 billion euros to the International Monetary Fund, European Union and World Bank, in the account of the stand-by loan taken out in 2009, according to data released by the Ministry of Public Finance for AGERPRES.

Photo credit: (c) GABRIEL PETRESCU / AGERPRES ARCHIVE

Transit permits expected to help Turkey and Bulgaria

Transit permits expected to help Turkey and Bulgaria

A new liberalised transit permit regime between Bulgaria and Turkey should help businesses and develop the economy in both countries, officials and business owners say.

New liberalised traffic rules between Bulgaria and Turkey are expected to take effect in April. [Gabriel Petrescu/SETimes]