The balance of payments programme for Romania. First review - Autumn 2011
"This report by European Commission services assesses compliance, under the First Review, with the terms and conditions of the 2011-2013 Balance of Payments Programme. The 2011-2013 Balance of Payments (BoP) assistance is a follow up precautionary programme to the 2009-2011 BoP programme. It...
| Institution: | ETUI-European Trade Union Institute |
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| Format: | TEXT |
| Language: | English |
| Published: |
Luxembourg
2011
Publications Office of the European Union |
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| Online Access: | https://www.labourline.org/KENTIKA-19133007124919512899-The-balance-of-payments-progra.htm |
| Summary: | "This report by European Commission services assesses compliance, under the First Review, with the terms and conditions of the 2011-2013 Balance of Payments Programme.
The 2011-2013 Balance of Payments (BoP) assistance is a follow up precautionary programme to the 2009-2011 BoP programme. It was requested by the Romanian authorities in February 2011 to support the re-launch of the economic growth with a focus on structural reforms.
This report assesses compliance with the terms and conditions of the BoP Programme and summarises the findings of the joint EC/IMF mission. Updated programme documents are appended to it.
The joint EC/IMF mission concluded that the programme remains on track. After two years of negative growth, real GDP is expected to grow in 2011 by around 1½-2% above previous projections while a slight acceleration towards 1¾-2¼% is expected for 2012." |
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| Physical Description: | 79 p. Paper |