The IMF just rejected Romania’s application for an early release of the next tranche of its loan, due to problems with the country’s budget, according to Ziarul Financiar.
That means Romania will have to wait until 2011 for another €900 million.
The country has been trying to push through tax cuts and adjustments to its flat tax system, but the IMF has refused.
NOW WATCH: Money & Markets videos
Business Insider Emails & Alerts
Site highlights each day to your inbox.