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Friday 12 September 2014

traian basescu and victor ponta
Representatives of the Government and the central bank starts next week in Brussels for the next review of the IMF, EC and WB, discussions taking place for the first time outside the country without the participation of the Presidency, political parties or unions, according to the program.

Unlike missions in Bucharest, which covers a period between ten days and two weeks of negotiations in Brussels will be highly concentrated, over four days, starting Tuesday, September 16, until Friday, September 19.

Negotiations in the first two days will bear the technical staffs will look only budget implementation to date and the second budget revision this year, which will include CAS reduced by 5 percentage points since October 1.

"The decision was related to the internal context of the election campaign, both parties understanding that the discussions will not be used for political purposes, but rather technical discussions. IMF is typically not engage in domestic politics during election campaigns, but it was necessary this assessment mission to take place, "government sources told Mediafax.

Many analysts contacted by Mediafax considers that there is a high risk that the IMF agreement to be broken if the government will implement all election promises, including pension and salary increases.
 


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