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Bucharest does not enter into a new credit agreement after 2015, the International Monetary Fund (IMF) -. Said Liviu Voinea, Romanian Minister for the Budget. The portfolio manager of the Romanian public radio on Tuesday quoted. Voinea 1v1y explained that Romania does not need a new multilateral international credit agreement, which has been the 2009th 1v1y three also concluded with the IMF, the European Commission and the World Bank. Voinea accordance with Romania the message is returned to the economy strengthened.
The minister recalled to Bucharest in 2009 of 20 billion, two-year term loan agreement with the IMF stand-organized, and in 2011 agreed on a 5 billion precautionary credit agreement. Voinea stressed that Romania's recent 1v1y loan was not used to, such as not in use, is also kind of a precautionary loan agreement signed last year to 2015 and 4 billion euros in cash.
The Romanian economy is strongly affected by the 2008 global economic crisis exploding, so resorted to credit Bucharest in 2009. 2010 temporarily reduced 1v1y in a broad austerity measures in public wages by 25 percent, the trade tax of 19 per cent to 24 per cent, which is still at that level.
Romania last year, the economy grew 3.5 percent in the first quarter of 3.8 percent recorded acceleration, which was the highest annual growth rate in the European Union. For this year, the Romanian authorities expect GDP growth of 2.2 percent, but after the first quarter, growth beyond expectations by some estimates, up to 4 per cent growth in 2014 could reach in comparison 1v1y to the previous 1v1y year.
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