International Monetary Fund

Key interest rate remains unchanged

Key interest rate remains unchanged

BELGRADE -- The Executive Board of the National Bank of Serbia (NBS) decided on Thursday to keep the reference interest rate unchanged at 9.5 percent.

The board stated that the inter-annual inflation rate returned to the limits of the target inflation in January 2014 as NBS had announced earlier.

Bulgaria PM to Back Ukraine's Territorial Integrity at EU Summit

Bulgarian Prime Minister Plamen Oresharski believes that the International Monetary Fund (IMF) should have a leading role in the solution of Ukraine's financial problems.

Oresharski told journalists in Brussels that the EUR 11 B financial package proposed by the EU was sufficient at this stage.

IMF Grants New Loan to Romania, New Government Sworn In

Romania and the International Monetary Fund (IMF) have agreed on a USD 4 B loan to Bucharest.

The credit package deal was struck after President Traian Basescu gave his approval, as Bulgarian website reports.

Basescu has long resisted the agreement as it forces Romania to impose an excise tax for fuels at EUR 0.07 per liter.