Romanian economy in critical state | News | Al Jazeera

Romanian economy in critical state

Country set to receive latest round of IMF emergency funds as it battles financial woes.

    More than two decades after the toppling of Communist rule and almost four years after joining the European Union, Romania remains one of the continent's poorest countries.

    In the next few weeks the International Monetary Fund is expected to make available emergency funds of more than $1bn.

    The money is only the latest in a series of installments to help the nations' struggling economy.

    Barnaby Phillips reports from Bucharest.

    SOURCE: Al Jazeera


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