2011年4月25日星期一

Review of the EU and the IMF experts help of the Romania crisis: IMF (AFP)

Bucharest (AFP) - a monetary International.

A team of the European Union and the IMF will examine the situation in this case from April 27 to May 9, the IMF said.

In February, the EU and the IMF decided to grant the Romania a fresh credit line of five billion euros ($6.8 billion) to shoot only in an emergency.

The Romania was affected by one of the worst recession in the European Union. The country has been among the first to benefit from a lifeline of 20 billion euros with the IMF and the European Union in April 2009.

The previous agreement had been a "success", as it had helped the country to stabilize its economy, Romanian President Traian Basescu said in February.

After the severe recession in 2009 and 2010, the Romanian economy expected to grow by 1.5% in 2011.


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