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Romanian Lawmakers To Pass Fiscal Responsibility Law In March, Pensions Bill By June – IMF

Romanian authorities agreed with the representatives of the International Monetary Fund that the Parliament would approve the fiscal responsibility law in March while the pensions law would be approved by June, Jeffrey Franks, chief of the IMF mission to Bucharest, said Wednesday.
Romanian Lawmakers To Pass Fiscal Responsibility Law In March, Pensions Bill By June - IMF
27 ian. 2010, 12:52, English

Franks said that the pension system is currently unbalanced, so that it really needs approval in the first half of the year.

The pension law should have been approved by the end of 2009, while the deadline of the fiscal responsibility law is March 2010.