





IMF about Romania: we see high political risks that can threaten structural reforms
The decline of the economy was steeper than initially estimated: the real GDP shrank by 7.6% in the first half of the year, compared to 2⅔ % as estimated, the report reads. The evolution, in the opinion of the authors represented a great challenge for public finances because the low revenues imposed significant low costs.
For 2010, the new program estimates a deficit decrease of below 6% which equals 2⅓ percentage of GDP. In the report, Romania's National Central Bank is appreciated for the measures adopted.