International Monetary Fund

Head of the IMF (International Monetary Fund) mission to Romania, Jeffrey Franks, speaks during a press conference in Bucharest, Romania, Friday, Nov. 6, 2009.The International Monetary Fund said Friday that the it would delay access to a euro1.5 billion (US$2.2 billion) bailout loan while the country struggles to set up a new government. Speaking at the end of a visit to evaluate Romania's efforts to overcome its financial difficulties, IMF official Jeffrey Franks said the IMF could 'proceed with the disbursement once the political situation is resolved.'