'Romanian Granted $675 Million Under IMF Precautionary Loan'

from bloomberg.........

"The government has cut public wages, frozen pensions and increased tax revenue, helping it meet a first-half budget- deficit target set by its lenders. The January-June shortfall was 11.3 billion lei ($3.6 billion), or 2.1 percent of GDP, below the 18.1 billion-lei gap in the year-earlier period and within its 12.6 billion-lei goal"...........READ MORE