What the newspapers say: January 31, 2011

Romanian authorities need to pay up over 77 million euro to the IMF in interest rates for the loan contracted in 2009. Over 22,000 acres of agricultural land in Tulcea, South East Romania is in the property or administration of foreign businessmen who attract EU funds to modernize farms for ecological agriculture. In politics today, PDL will not form an electoral alliance before 2012 elections, but they might consider a post-electoral one.

Evenimentul Zilei announces that on Tuesday, February 1st, Romanian authorities need to pay up over 77 million euro to the IMF as interest rates for the loan contracted in 2009. It is the first installment to be paid this year. In 2011, the IMF accounts will receive over 303 million euro in interest rates.

The main payment, about 13 billion euro will have to paid starting next year. Authors of the IMF report on Romania, released in early January estimates that Romania will maintain its capacity to return the loaned money. Romania’s representative to the IMF, Mihai Tanasescu said the National Central Bank will have no difficulty to return the money that entered its accounts from the IMF.

So far, in the Finance ministry accounts, over 1.2 billion euro entered. An IMF delegation is in Romania until February 8th to discuss about the next preventive agreement.

EU farmers are very interested in doing business in North of Dobrogea, South East Romania, Tulcea’s Agricultural Department director Luminita Raileanu declare for Romania libera. According to her, over 22,000 acres of agricultural land was sold or borrowed to foreign businessmen who attract EU funds to develop farms for ecological farming.

Farmers from Spain, France, and Denmark aimed at a patch of land in Tulcea, Romania to develop wine plantations and ecological agriculture. Statistics reveal that EU farmers have developed businesses worth 10 million euro in Tulcea and the area around it. Most of the money came from EU structural funds.

Gandul reads about the plans of the Democrat Liberal Party for the 2012 elections: the party will not form an electoral alliance before the elections because “it is strong enough to stand on its own in the future elections”, PDL leader Blaga declared for the newspaper.

Blaga however, said that the party will most definitely consider a post-electoral alliance.