IMF is steadily becoming the big bad wolf, in the eyes of Romanian politicians, one newspaper reads on Friday. Elsewhere in the news, Romania exported ammunition worth 3.6 million euro in 2008 to Georgia. On a lighter tone, Romania proposed the new successful Romanian movie, Police. adjective for the Best foreign movie category in the Oscars.
It seems that Romanian politicians found an escaping goat in the IMF, Gandul reads. Romanian Transports minister Radu Berceanu explained yesterday that the government ceased all investments in infrastructure at the request of the IMF.
He underlined that IMF officials urged the government to cut salaries and put on hold any investments. It seems that the upcoming presidential elections this Fall makes all politicians disconsider anti crisis measures for the time being.
Berceanu's declarations follow the IMF decision to accept Bucharest request to increase the budgetary deficit threshold to 7.2% of GDP, from 4.6% initially imposed by the Fund. The official reason put forward is that the estimates for the country's economic evolution got worse than expected.
Berceanu confessed that the IMF urged the government to cut salaries and decrease spendings to get more money for investments. However, according to Berceanu, the IMF's proposal works in theory, but not in practice.
Cotidianul reads that Romania exported ammunition to Georgia worth 3.6 million euro, just in 2008. Even though the export is not illegal, it might be detrimental to our country's relation with Russia.
One year after the conflict between Georgia and Russia escalated, Moscow warned that all Western countries arming Georgia should not expect good bilateral relations with Russia, Russian Foreign Affairs minister, Grigori Karasin declared in an interview for daily Izvestia.
Karasin referre