IMF approves $109 million credit to Romania

The International Monetary Fund has formally approved two loans for Romania, totalling $109 million, for the first time since 1989. Romania's Government considers that this will have a positive influence on the country's accession negotiations with the EU, especially on the economic chapters.

The International Monetary Fund has formally approved two loans for Romania, totalling $109 million, for the first time since 1989. Romania’s Government considers that this will have a positive influence on the country’s accession negotiations with the EU, especially on the economic chapters.