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Romania needs a new loanUpdated: 20-08-2010 | Financial and Banking

After concluding the agreement with the IMF and the European Commission, Romania should continue its partnership with the international institutions so as to avoid an economic slide

Romania needs a new loan from international institutions, not necessarily for the money but as a guarantee that the economy is on track, which would in turn bring in foreign investors.

"It's not really money we need, but guidance, this «rubber stamp» of an economy that is on track to fix itself with the measures international institutions might propose", stated Lucian Anghel, Chief Economist of the Romanian Commercial Bank, while presenting the "Romania - Moment of Truth" report.


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