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International Monetary Fund

G7 officials exit World Bank meeting as Russian official begins to speak

G7 officials and others walked out of a meeting of the Development Committee that advises the governors of the World Bank and International Monetary...

IMF starts Ukraine mission for $700mln loan after Russia escalates

The International Monetary Fund (IMF) announced it would start a virtual mission to Ukraine that, if successful will pave the way for the country...

Republic of Moldova reaches provisional IMF loan deal worth $564mln

The Republic of Moldova has reached a provisional loan agreement with the International Monetary Fund (IMF) worth about $564mln over 40 months, according to...

G7 finance officials endorsed principles for central bank digital currencies

The Group of Seven (G7) finance officials endorsed 13 public policy principles for retail central bank digital currencies (CBDCs) on Wednesday, stating that they...

IMF urges governments to make fiscal plans to tame pandemic debt

The International Monetary Fund (IMF) said on Thursday that governments should start planning a return to more sustainable budgets with policies that win the...

IMF to begin talks on new agreements with the Republic of Moldova

A team of experts from the International Monetary Fund (IMF), led by Ruben Atoyan, will begin discussions with the authorities of the Republic of...

European factories hire workers at record pace to fill orders

Euro-area factories are hiring new workers at a record pace to keep up with persistently strong orders, according to Bloomberg.  Job creation was particularly pronounced...

Euro area reopening boom lifts confidence to all-time high

Confidence in the euro-area economy climbed to a record in July as business resurges following the end of coronavirus lockdowns, according to Bloomberg. Factories in...

PM Cîțu: Romania’s economy to grow by almost 7% in 2021

Romanian Prime Minister, Florin Cîțu said Romania's economy will grow by close to 7% in 2021 on the back of government policies that are...

World Bank improves outlook for Romania’s economic growth

The World Bank updated the global economic outlook on Tuesday, stating that Romania's economy will grow by 6% in 2021, fully reversing the 3.9%...