Archive » June 2010 » 14 June 2010 The english news from 14 June 2010

  • Government should leave if it gets to tax hikes, Minister Blaga says

    Vasile Blaga is the third minister in the Boc Cabinet to admit to the Executive's long-standing awareness of major economic issues in Romania. The country reportedly needs yet another IMF stand-by agreement. Turmoil in PDL over post-no-confidence vote governance, opposition also seems undecided. Things are not at all clear in PDL as to the steps to follow after the no-confidence vote. …

  • FinMin: Romania is in recession, not in crisis

    Romania is in recession, not in crisis, stated on Realitatea TV channel the minister of Public Finance, Sebastian Vladescu. "Romania is in recession, Romania is not in crisis, Romania must avoid slipping into crisis and I gave the example of Argentine. I could have given the example of '29s", he said, answering information according to which MFP official reportedly said that there is the risk Romania could have reached a situation similar to Argentine.…

  • Interior Minister Blaga says Romania needs new IMF agreement

    Romania needs a new agreement with the International Monetary Fund, Minister of Administration and Interior Vasile Blaga told a television channel on Sunday. 'I personally believe Romania needs a new agreement with the International Monetary Fund and a new agreement with the IMF can also mean a fresh loan', he stressed. …

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