Select a language
The next country to go bankrupt will not be Ireland or Spain: it will be… Romania. "The IMF warns Romania could follow in the footsteps of Argentina," headlinesAdevărul, in its report on a interview with the director of the International Monetary Fund. Speaking on Swiss television channel TSR, Dominique Strauss-Kahn remarked that if countries like Greece, Ireland, Latvia, Hungary and Romania do not succeed in imposing austerity measures, they will "be faced with the imminent prospect of default. We are close to the brink." The daily, which quotes reassuring statements made by the Romanian central bank, accuses DSK of preparing his campaign for the 2012 French presidential elections. However, it also acknowledges that Romania, like Greece and Ireland, has reported negative growth in the third quarter of 2010.
Do you like our work?
Help multilingual European journalism to thrive, without ads or paywalls. Your one-off or regular support will keep our newsroom independent. Thank you!
