“The last thing Romania will do is take a loan from the International Monetary Fund (IMF). We can finance the budget deficit with money set aside by the European Union for non-euro countries.”
Romanian President Traian Basescu, January 16, 2009
“We are taking a loan from the IMF because we have no idea how the economy is going to perform. It is an act of prudence.”
Romanian President Traian Basescu, March 11, 2009
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I know– I loved Basescu’s flip-flop. Had to post about it as well.
You realize, of course that Calin Popescu Tariceanu will be the next President of Romania.