council decis juli provid medium term financi assist romania eec council european commun regard treati establish european econom commun articl thereof regard propos commiss submit consult monetari committe regard opinion european parliament romania undertak fundament polit econom reform decid adopt market economi model reform implement financi support commun strengthen mutual confid bring romania closer commun intern environ romanian economi deep recess face extern shock sharpli deterior balanc payment weaken precari reserv posit romanian author request financi assist intern monetari fund imf group industri countri commun estim financ provid imf world bank financi gap ecu million remain cover order prevent eros romania reserv posit avoid addit degre import compress jeopard achiev polici object underli govern reform effort commiss coordin assist group invit countri provid medium term financi assist romania grant commun medium term loan romania measur support countri balanc payment strengthen reserv posit question risk guarante gener budget european commun examin context renew interinstitut agreement budgetari disciplin improv budgetari procedur commun loan manag commiss treati provid adopt decis power articl decid articl commun grant romania medium term loan facil maximum amount ecu million princip maximum durat year view ensur sustain balanc payement situat strengthen reserv posit end commiss empow borrow behalf commun resourc dispos romania form loan loan manag commiss full consult monetari committe manner consist agreement reach imf romania articl commiss empow negoti romanian author consult monetari committe econom polici condit attach loan condit consist agreement refer articl arrang made group commiss verifi regular interv collabor monetari committe close coordin group imf econom polici romania accord object loan condit fulfil articl loan made romania instal instal releas stand arrang conclud romania imf instal fourth quarter subject articl fund paid nation bank romania articl borrow lend oper refer articl carri date involv commun transform matur exchang interest rate risk commerci risk commiss step romania decid includ loan condit exercis earli repay claus request romania circumst permit improv interest rate loan commiss refin part initi borrow restructur financi condit refinanc restructur oper carri accord condit set paragraph effect extend averag durat borrow concern increas amount express current exchang rate capit outstand date refinanc restructur relat cost incur commun conclud carri oper decis born romania monetari committe inform develop oper refer paragraph year articl year commiss address european parliament council report includ assess implement decis brussel juli council presid dankert oj oj