The issue of national identity is taken seriously by Balkan people – including the least serious among them.
IMF Visits Romania; Discusses Budget
Bucharest | 14 December 2009 |
The Fund, which earlier this year agreed to a 20-billion euro aid package, postponed the distribution of further tranches of the loan last month pending the formation of a new government. The Fund said it can resume the deal in January once a new government is sworn in and a 2010 austerity budget is passed.
Describing the visit as ''technical'', the Fund said the visit is ''part of our ongoing dialogue with Romanian authorities''. It said a review mission could return in January, once a new cabinet has been formed and has elaborated its program.
The IMF is demanding that the 2010 budget, which a new government has yet to draft, reduces the deficit to below six per cent of GDP. The Fund is also asking for the passage of a fiscal responsibility law by the end of year.
