Posted by: mbconsulting | May 17, 2010

Warning Romania – IMF is not waiting!!!

Last week the Romanian Government agreed with IMF an additional act to the memorandum. There were mentioned specific actions and IMF, before approving the following tranche, is waiting for implementation of the assumed actions. There are left only five weeks more. A terrible short period of time, because it is necessary to prepare legislation and to pass it trough Parliament.

Is Boc’s government, in fact Romanian government and all the political forces, prepared to act quickly and coherent according with the willingness expressed one week before?

If the answer is NO, then what will be consequences, other than increasing VAT and taxes, if Romania fall to apply those measures?

The complete answers will come in less than two months.

Meanwhile I keep saying, GO ROMANIA, GO! Can you hear and understand me? Can you act NOW, please?

Thanks for reading it.

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