International Monetary Fund

The experts of the International Monetary Fund estimate a strong economic recovery in Romania in 2021, with an advance of the real Gross Domestic Product of 7 percent, specifying, however, that some unexpected negative changes in the evolution of the pandemic might put this forecast at risk, show the conclusions published following the assessment mission of the Romanian economy.

Washington – The International Monetary Fund (IMF) has commended Slovenia’s “swift, substantial, and well-coordinated policy responses” to the pandemic following consultations with the authorities earlier in May, as it stressed that once the recovery is entrenched, the focus should shift toward consolidation.

Today, the Minister of Finance in the Government of the Republic of Serbia, Sinia Mali, met with the new Director of the European Bank for Reconstruction and Development (EBRD) for the Western Balkans, Matteo Colangeli, as well as with the former Director of that international financial institution, Zsuzsanna Hargitai.

There is a "low to medium" risk that Russia will invade Ukraine over the next few weeks, the top U.S. general in Europe said on Thursday, in the first such military assessment amid mounting concern about Russian troop movements toward Ukraine's borders.

The projections published on Tuesday by the International Monetary Fund confirms that the Romanian government has started from correct budgetary premises and that Romania is on the right track, but caution is still needed, especially regarding government outlays, according to Finance Minister Alexandru Nazare.

Several weeks before the parliamentary elections, leading institutes and international organizations presented their forecasts for Bulgaria in 2021 and the next few years, containing - at best - very low expectations for any serious reforms and the fight against corruption.

This refers to 500.000 employees within 10.500 users of public funds.

The euro-area economy shrank less than expected at the end of last year, though it remains on the verge of a double-dip recession amid a slow rollout of coronavirus vaccines, reported Bloomberg.

The head of the International Monetary Fund has warned that the global economy risks a return of the Great Depression, driven by inequality and financial sector instability.

Romania's success in securing a loan from international markets is proof that it managed to gain the trust of investors in a very important year and I hope that the rating agencies take this into consideration, Finance Minister Florin Citu told Radio Guerrilla on Thursday morning.