IMF, World Bank and European Commission representatives start on Tuesday, in Bucharest, their seventh evaluation mission of the stand-by agreement and negotiations for a new possible agreement.

Members of the mission will have talks and meetings with authorities, political party representatives, unions, business associations, banks and civil society. According to Radio Romania Actualitati, IMF chief of mission for Romania, Jeffrey Franks arrived on Monday for a series of preliminary meetings.

He said that most possibly, the new agreement will be signed for two years to exceed the 2012 electoral year in order to increase the trust of the international markets in the Romanian reforms.