De Europese Commissie en Roemenië tekenen akkoord voor EUR 1.4 miljard bijstand aan betalingsbalans (en)

Met dank overgenomen van Directoraat-generaal Economische en financiële zaken (ECFIN) i, gepubliceerd op woensdag 29 juni 2011.

In February 2011, the Romanian authorities requested a follow- up joint EU/IMF precautionary financial assistance program to support the re-launch of economic growth. The Council adopted the relevant decisions on 12 May 2011, making available precautionary EU BoP assistance of up to EUR 1.4 billion.

The programme continues the economic, fiscal and financial system reforms of the previous BoP programme (2009 - 2011). Moreover, it will address the underlying structural causes for macroeconomic imbalances. The assistance comes in conjunction with an IMF Stand-By Agreement of SDR 3.09 bn (around EUR 3.5 bn, 300% of Romania's quota), which the authorities also treat as precautionary.

The MoU was signed by Commissioner Olli Rehn i, Romanian Prime Minister Emil Boc i as well as the country's finance minister Gheorghe Ialomiteanu and Central Bank Governor Mugur Isarescu.