International Monetary Fund approves $17.1 billion loan for Romania
The International Monetary Fund has approved a $17.1 billion loan to Romania to cushion the effects of the sharp drop in capital inflows caused by the global financial crisis.
The International Monetary Fund said Thursday it has approved a 17-month standby loan of $15.7 billion for Hungary, whose citizens are facing financial problems after the fall of the country's currency last month.