• austriantimes.at
• croatiantimes.com
• salzburgtimes.at
• viennatimes.at
• austrianindependent.com

15. 03. 10. - 16:00

• more Business news...
• RSS Feed Business

15. 03. 10. - 16:00

IMF head to visit Bucharest at the end of March

Romanian Times

The managing director of the International Monetary Fund (IMF), Dominique Strauss-Kahn, will visit Bucharest on 30 March as part of his European tour, according to the institution.

Strauss-Kahn will be accompanied by European department manager Marek Belka and Romania mission head Jeffrey Franks.

The managing director of the IMF is going to meet with President Traian Basescu, Prime Minister Emil Boc, Finance Minister Sebastian Vladescu, and National Bank Governor Mugur Isarescu.

Strauss-Kahn will also address Parliament and deliver a speech at the Bucharest Academy of Economic Studies.

Strauss-Kahn has been the managing director of the IMF since November 2007.

In February 2010, the IMF approved disbursement of 2.3 billion Euros to Romania after completing a review of the country’s performance under a 13-billion-Euro standby agreement.

Romania and the IMF agreed last spring on a 13-billion-Euro stand-by loan as part of a 20- billion-Euro package that included funding from the European Commission, the World Bank and other international lenders.

Almost half of Romanians live in poverty
Almost half of the Romanians (8.89 millions) are at risk of poverty or social exclusion, according to Eurostat data published today (Weds).

Police carry man off the snow and save his life
A man who had collapsed in freezing weather near a river, in Stoina, Gorj, southern Romania, was saved after policemen carried him for several kilometres.

New government with same eight former ministers proposed
The Romanian parliament will vote on the new government team, proposed by designated Mihai-Razvan Ungureanu, tomorrow (Thurs).

Forty-one dead in freezing weather
Another three persons have died due to low temperatures in the last 24 hours, the Romanian Health Ministry said today (Weds).

EC report on Justice is positive, minister says
Romanian Justice Minister Catalin Predoiu currently acting prime minister until the new government is voted in by the parliament, said today (Weds) that the European Commission's interim report on progress in justice is, overall, "positive".

Pink Martini concerts in Bucharest
American orchestra Pink Martini will give a concert in Bucharest on 26 May at the Palace Hall, part of the promotional tour for their latest album "A Retrospective", local organisers Events said today (Weds).

Romania's industrial output up
Romania's industrial output increased by 15.6 per cent in 2011, the National Statistics Institute (INS) said today (Weds).

Father tried for abusing four-year-old girl
A Romanian father was sent to trial for abusing his stepdaughter, aged only 4, prosecutors said today (Weds).

Pitch in best condition for Steaua-Twente match, authorities say
The pitch for the Europa League match Steaua Bucuresti - Twente Enschede will be in optimal condition, the Bucharest town hall promises, after criticism of the National Arena turf.

More Romanian tourists travel to Austria
The number of Romanian tourists to Austria rose last year, after two years of a decline, Austria's National Tourism Office in Romania announced today (Weds).