In 1997, macroeconomic stability was reinforced by the imposition of a fixed exchange rate of the Lev against the German DM and the negotiation of an IMF standby agreement.
But because those public spending cuts have hit economic growth harder than the EU or the IMF thought they would, they are still in breach of their agreement.
但是削减那些公共支出给经济增长的打击要比欧盟或国际货币基金组织预想的更为严重。
3
Both he and the market-friendly Mr Simsek are known to favour a new agreement with the IMF, which is crucial to retaining the confidence of foreign investors.