International Monetary Fund
It is highly improbable that Greece will be discussed during Thursday's Eurogroup in Luxembourg, a top eurozone official said Wednesday.
The same official said that the third report on Greece's enhanced post-program surveillance issued by the European Commission will be discussed by the eurozone finance ministry staff (Euro Working Group) after Greece's July 7 elections.
Romania's consumption-fueled growth has raised macroeconomic imbalances, including inflation pressure and increased fiscal and current account deficits, so a change in the course of policies is needed to reduce the likelihood of another boom-bust scenario, the International Monetary Fund writes in its Staff Concluding Statement of the 2019 Article IV Mission posted on Friday.
Prime Minister Viorica Dancila had a meeting at the Victoria Governmental Palace on Thursday with the IMF expert delegation, headed by International Monetary Fund (IMF) mission chief for Romania and Bulgaria Jaewoo Lee, which is currently paying the annual visit for the evaluation of the macroeconomic situation, a procedure of periodical consultation with the national authorities.
A staff team of the International Monetary Fund (IMF) led by IMF Head of Mission Jaewoo Lee will be in Bucharest May 27 - June 7. On Monday, an IMF staff team led by Jaewoo Lee began a two-week visit to Bucharest to conduct an annual review of the Romanian economy, known as Article IV consultations. The team will discuss economic developments and policies with Romanian officials.