IMF to start exploratory talks with Romanian govt

The IMF will visit Bucharest in early February 2001 to discuss with the newly elected Romanian Prime Minister Adrian Nastase how he plans to reduce inflation, restructure state-owned industries and create a healthier financial-banking system, the daily Cronica Romana quotes Stephane Cosse, IMF's residential representative in Romania, as saying.

Cosse pointed out that these were exploratory talks and not negotiations for the conclusion of a new agreement between Romania and the IMF, as the old