agreement

U.S.-Romania Antimissile Shield Agreement Takes Effect Friday

13:09, 23 Dec. 2011
The agreement between the United States and Romania on the deployment of a U.S. ballistic missile defense system in southern Romania has taken effect Friday, December 23, the Romanian Foreign Affairs Ministry said in a press release.

Romania, Bulgaria Sign Single Airspace Agreement

18:07, 12 Dec. 2011
Romanian Transport Ministry state secretary Alexandru Nazare and Bulgarian Transport Minister Ivailo Moskovski signed an agreement in Brussels to set up a functional airspace block through which Romania and Bulgaria will have a single airspace.

U.S.-Romanian Antimissile Shield Agreement Goes Public

13:02, 23 Sept. 2011
The U.S.-Romanian agreement on the deployment of the U.S. ballistic missile defense system in Romania has been made public in Romania Friday.

Romania, IMF Disagree On Privatizations, Social Security Contributions – Sources

19:47, 06 Mai 2011
The Romanian Government and the IMF delegation have not yet reached an agreement on the state companies to be privatized or restructured, or the right time to reduce social security contribution rates, people close to the matter told MEDIAFAX on Friday.

Romania Must Improve Tax Collections, Slash Arrears, Costs To Lower Deficit – IMF

15:47, 26 Mart. 2011
Continued efforts to improve tax collections, tackling expenditure pressures, particularly in the health sector, and reducing arrears will be crucial to sustain the Romanian budget deficit's reduction, said the International Monetary Fund (IMF).

IMF OKs Final Review Of Stand-by Accord, New Deal Terms

17:41, 25 Mart. 2011
The Executive Board of the International Monetary Fund on Friday approved the final review of a EUR13 billion stand-by arrangement with Romania, and the terms of a new, precautionary deal that will start on March 31, an IMF official told MEDIAFAX.

Romania’s New Deal With EU Could Kick Off May 1

11:40, 08 Feb. 2011
Romania’s follow-up agreement with the European Commission might take effect on May 1, pending approval from the authorities in Brussels, a Commission official said Tuesday.

WB To Lend Romania EUR750M For Healthcare, Social Assistance Reform

14:32, 03 Feb. 2011
The World Bank will grant Romania a EUR750 million loan for two projects aimed to reform the healthcare and social assistance sectors.

Romania, IMF In Talks For A 2 Years Follow-Up Agreement – Sources

13:25, 27 Ian. 2011
Romania's Government and the International Monetary Fund are discussing the terms of a two-year follow agreement to a EUR13 billion loan program that expires in May, people familiar with the talks said.

Romania Follow-Up Deal With IMF To Focus On Money-Losing Cos – Sources

14:25, 24 Ian. 2011
Romania’s follow-up agreement with the International Monetary Fund will comprise several key requirements meant to rein in the budget deficit and boost the economy, including a better management of the large state-run companies, people close to the negotiations said Monday.

Romania, Syria Sign Treaty On Extradition Of People Sentenced To Prison

13:30, 10 Nov. 2010
Romania and Syria signed Wednesday the Treaty on the transfer of people sentenced to prison.

Romania’s Negotiations With IMF Come To Deadlock Over Consumer Loan Issues

15:37, 31 Oct. 2010
Romanian authorities' negotiations with the International Monetary Fund came to a deadlock mainly due to problems raised by a Government emergency ordinance regarding consumer loans, and the IMF mission might prolong its assessment visit to Romania, people with direct knowledge of talks told MEDIAFAX Sunday.

Romania’s New Deal With IMF To Include EU Funds

17:19, 21 Oct. 2010
Romania’s potential new financing agreement with the International Monetary Fund will also include a loan accord with the European Commission, similar to the one signed in 2009, Romanian representative to the IMF, Mihai Tanasescu, said Thursday.

IMF Review Mission Visits Romania Oct 20-Nov 1, New Agreement To Be Discussed

14:33, 17 Oct. 2010
A delegation of the International Monetary Fund arrives in Romania Wednesday, October 20, to review the country’s progress under a EUR13 billion loan agreement and discuss a new agreement, an IMF official told MEDIAFAX Sunday.

EXCLUSIVE: Romanian New IMF Deal Under EUR13B, Fund Says

14:00, 06 Oct. 2010
Romania’s potential new agreement with the International Monetary Fund would be “undoubtedly” smaller than its current EUR13 billion deal, IMF mission head Jeffrey Franks said Wednesday, adding that the financing program will most likely be a precautionary arrangement.

Romania Should Consider A New Agreement With The IMF – President

11:35, 06 Sept. 2010
Romanian President Traian Basescu said Monday, during his meeting with IMF delegation chief Jeffrey Franks, that Romania should consider the adequacy of a new agreement with the IMF in October.

IMF: Romania Should Wait Before Deciding On New Agreement

12:01, 04 Aug. 2010
Romania should not rush in to make a decision regarding a new agreement with the International Monetary Fund, as the opportunity of a new accord can’t be assessed without the economic figures for the next six months, IMF mission head Jeffrey Franks said Wednesday.

Romania, Germany To Sign Plane-Construction Agreement

15:55, 16 Iul. 2010
The Bucharest National Institute for Airspace Research (INCAS) and a similar institute in Germany want to seal an agreement to construct a plane for regional flights.

Romania, Switzerland To Sign EUR130M Cooperation Agreement In August – Swiss Ambassador

19:25, 13 Iul. 2010
Romania and Switzerland will sign a EUR130 million five-year agreement on August 26, for cooperation in various fields, including cyber crime fighting, Swiss Ambassador to Bucharest Livio Hurzeler said Tuesday.

Romania To Limit 2011 Public Sector Wage Fund To RON39B

18:35, 10 Mai 2010
Romania will limit the public sector salary fund for next year to 39 billion lei (EUR1=RON4.1641) by reducing the number of employees in the public sector, according to the Memorandum of Understanding between Romania and the IMF and EU.

A New Romania-IMF Agreement Can Ease Financing On Private Mkt – IMF Official

19:18, 11 Apr. 2010
A new agreement between Romania and the IMF can ease financing on the private market, even if Romania does not use the funds available under the agreement, as this will show investors that the state is on the right path, said Jeffrey Franks, head of the IMF mission to Romania.

Romanians Working In Canada May Get Pensions From Both Countries Under New Social Security Agreement

10:41, 07 Apr. 2010
Romanian nationals who have worked in Canada and paid social contributions there will get pensions calculated according to contributions in both countries upon retirement.

Romanian PM Calls On Moldova To Strictly Apply Small-Scale Border Agreement

11:22, 31 Mart. 2010
Romania militates for active talks this year on concluding an agreement of free trade and visa liberalization with the Republic of Moldova, which must seriously apply the Agreement on Small-Scale Border Traffic recently concluded with Romania, Prime Minister Emil Boc said Wednesday.

IMF Chief: Romania’s Progress Satisfactory, Fiscal Sector Still Needs Work

15:28, 30 Mart. 2010
The International Monetary Fund is mostly satisfied with Romania’s progress related to the EUR13 million standby agreement signed last year, but the country has yet to consolidate its finances, the IMF chief said Tuesday.

Romania, IMF Loan Agreement Could Be Switched To Precautionary – Fin Min

12:53, 08 Feb. 2010
Romania’s standby arrangement with the International Monetary Fund could be changed into a “precautionary” agreement after the fund’s new review mission in May, provided the local economy shows real signs of recovery, Finance Minister Sebastian Vladescu said Monday.

Romanian-Moldovan Small Border Traffic Agreement To Be Active By March 30

15:43, 27 Ian. 2010
Romanian President Traian Basescu announced Wednesday in Moldovan capital Chisinau that the agreement on small border traffic concluded with Moldova will be functional and applicable by March 30, because there are technical requirements that need to be met.

Romania’s Chamber Of Deputies Ratifies Small-Scale Border Traffic Treaty With Moldova

09:37, 12 Ian. 2010
The Romanian Chamber of Deputies Monday adopted the law ratifying the Agreement on Small-Scale Border Traffic between Romania and the Republic of Moldova, which stipulates visa-free access for both countries' citizens.

Romanian Social Democrats, National Minorities Team Up For Presidential Runoff

19:55, 28 Nov. 2009
Romanian social democrat head Mircea Geoana and the leader of the group of national minorities in parliament, Varujan Pambuccian, on Saturday signed an agreement whereby national minorities will back Geoana in the presidential election runoff on December 6.

Loan To Romania Unconditioned By Govt Structure – IMF

09:34, 02 Oct. 2009
The changes in Romania's government will not endanger the agreement with the International Monetary Fund, IMF's Regional Representative for Romania and Bulgaria, Tonny Lybek said Thursday.

IMF, Romanian Govt Talk On Freezing Wages, Pensions, Laying Off 10% Of Public Servants

19:28, 08 Aug. 2009
The IMF is negotiating with the Romanian Government the layoff of 100,000-150,000 state employees until the middle of next year, freezing pensions in 2009 and 2010 except the minimum social ones and wages, until the unitary pay law produces its effects, government sources told MEDIAFAX.

Romania Won’t Meet Targets Agreed With IMF – President

19:38, 30 Iul. 2009
President Traian Basescu Thursday said Romania cannot fulfill the targets agreed with the International Monetary Fund for 2009, as the economy contraction would be larger than projected.

IMF, Romania To Discuss Program Review After Sept 15

14:35, 27 Iul. 2009
The International Monetary Fund’s Executive Board will most likely discuss the report that reviews Romania's economic program supported by the institution in the second half of September, IMF said in a press release Monday.

IMF: Romanian Govt Undertook To Revise Pension Laws Until Dec 31

10:55, 11 Iun. 2009
The Romanian Government undertook to revise pension laws until December 31 through measures meant to index pensions to the inflation, limit the scope for discretionary pension increases and gradually adjust the retirement age, particularly for women, according to the IMF agreement.

Romanian Public Sector Wage Law To Be Amended By October 30 Under IMF Agreement

10:25, 11 Iun. 2009
The Romanian Government has pledged to adopt the public sector unitary wage law by October 30, 2009, leaving at least three years for the gradual implementation of the new law, according to Romania’s stand-by agreement with the IMF, published Wednesday.

Romania To Receive Next IMF Loan Tranches In Sep, Dec

10:22, 11 Iun. 2009
Romania may access the next two tranches of the International Monetary Fund stand-by loan in September and December, respectively, according to the Technical Memorandum of Understanding published Wednesday.

IMF To First Review Romania’s Program On Sep 15

10:20, 11 Iun. 2009
The first review of the performance criteria set under the program agreed by Romania with the International Monetary Fund will be set for September 15, based on end-June targets, according to IMF.

Romania To Inform IMF On Monitored Public Cos

10:20, 11 Iun. 2009
Romania’s Ministry of Finance, Ministry of Labor and other pertinent institutions will provide information to the International Monetary Fund (IMF) on monitored public enterprises, including sanctions and dismissals operated if restructuring targets are not observed.

Romanian Auth To Seek Accord With Bks On Foreign Currency Loans Restructuring

10:18, 11 Iun. 2009
Romanian authorities plan to reach an agreement with commercial banks to facilitate the restructuring of household loans contracted in foreign currency by adjusting the maturity and repayment schedule, including offering the option to voluntarily convert it in Romanian lei.

IMF Imposes Romania Performance Criterion On Budget Deficit

10:17, 11 Iun. 2009
Romania negotiated with the International Monetary Fund a budget deficit target of 24.36 billion lei (EUR1=RON4.1998) in 2009, based on RON166.72 billion revenues, not including EU funds, and RON182.72 billion primary expenditures.

Romanian National Exams Postponed To May 7, Teacher Strike Suspended

19:33, 04 Mai 2009
Romanian education minister Ecaterina Andronescu said Monday at the end of talks with unionists in education that the national exams set for tomorrow have been rescheduled for May 7, while the dates for the other exams are unchanged, and the strike set by teachers for Tuesday has been suspended.