International Monetary Fund

FinMin Teodorovici: Romania, a safe country for investors, with sustainable economy, growth potential

Romania is a safe country for investors, as the country is registering progresses regarding the stability of its institutional framework and budgetary strengthening, the Public Finance Minister Eugen Teodorovici asserted during his meetings on Saturday in Washington, with the officials of the rating agencies and with Poul Thomsen, Director of the European Department at the International Monetar Teodorovici: We support the adequate financing of the International Monetary Fund

The International Monetary Fund (IMF) is and has to remain a quotas-based institution and we are prepared to support even their increase, taking into account that the European Union is open to doubling at least the New Arrangements to Borrow (NAB), Romanian Public Finance Minister Eugen Teodorovici said on Friday in Washington.

Stage is set for early clearance of costly IMF loans

The decision for the early repayment of part of the International Monetary Fund loans to Greece is expected to feature in talks Finance Minister Euclid Tsakalotos will have in Washington on Friday with the Fund's Managing Director Christine Lagarde, as well as the head of the IMF's European Department, Poul Thomsen.

Erdogan’s dilemmas

Turkey is plunging into a deep crisis. It's impossible to predict what shape the country will be in a few months from now. There's simply no overarching plan.

If there is one, it remains locked inside the brain of a single man whose sole objective is to keep himself (and, after he's out, his family) in power - ad infinitum.