IMF steps up pressure on Romanian government prior to election
Le FMI, plus nocif pour ls peuples que jamais
►http://www.wsws.org/articles/2012/nov2012/roma-n23.shtml
By Diana Toma and Markus Salzmann
23 November 2012
The International Monetary Fund (IMF) has increased pressure on the Romanian government to implement further austerity measures prior to the country’s general election due to be held in December.
In 2009 the country was only saved from bankruptcy by a €20 billion [$US 25.6 billion] loan from the IMF. Since then the government in Bucharest has carried out a series of attacks on the living standards of the population. In March 2011, the IMF and European Union (EU) once again agreed to provide €5 billion in the form of emergency loans. Romania has been a member of the European Union since 2007, but is not part of the euro zone.