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Traian Basescu will conclude new agreement with IMF

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Romanian President Traian Basescu told a broadcast on a TV station on Sunday that he agreed to conclude a new agreement with the International Monetary Fund (IMF). “Yes, I am in favour of a new agreement. … The fact that no salaries and pensions rise does not mean that Romania is through austerity. I should say that Romania has passed to the stage in which it plans the public money… Read More...


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