European Commissioner: The aid for Romania will come from a special EU Fund

Regional - Europe

The EU Commissioner for Economic and Monetary Affairs, Joaquin Almunia, officially declared that Romania demanded economic aid from the European Union and that the request will be analyzed together with the International Monetary Fund (IMF).

According to Almunia, "the aid would come from a special EU fund, already tapped by Hungary and Latvia, for its members outside the euro zone with balance-of-payment problems", Reuters reports. "At the moment we have resources that are more than...

Read the whole story in: HotNews

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