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Romanian Government Falls, Raising Questions Over IMF Bailout

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posted on Oct, 13 2009 @ 01:24 PM
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online.wsj.com...


One of the coalition's first acts was to negotiate a EUR20 billion rescue loan from the International Monetary Fund and European Union. The government collapse puts the IMF loan at risk because a caretaker government will struggle to pass important legislation the IMF demanded, said Elizabeth Andreew, an analyst for Nordea in Copenhagen.




posted on Oct, 13 2009 @ 01:31 PM
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There could be some opportunity for Romania in this change, but in the short term I imagine this will mean more difficulties for parts of Romania. And if Romania has problems that means Moldova will have even more stresses and problems.



 
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