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IMF Board Report 2012: Romania making progress, but economic recovery remains fragile

Romania has made significant progress in macroeconomic stabilization under two successive Stand-By Arrangements, but the economic recovery remains fragile, reveals the International Monetary Fund Executive Board 2012 Report as part of the 6th assessment of the Stand-By Arrangement released on Wednesday.Growth is expected to remain subdued in the near term and to only gradually recover over the medium term, with risks to the outlook mostly on the ...

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