breaking news

Video: Romania seeks IMF bailout

undefined 

undefined

 
undefined
 Romania seeks $25bn IMF bailout 
undefined
 

Romania has become the latest European country to ask the European Union and the International Monetary Fund to bail it out of its financial problems.

The move is a significant turnaround from only months ago its economy was the fastest-growing in Eastern Europe. 

Now, with unprecedented levels of debt, it is set to ask for as much as $25bn.

Alan Fisher reports from Bucharest.

 
undefined