Debt-ridden Romania asks for bail-out - March 11 09

Al Jazeera English 2012-04-27

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Romania has become the latest European country to ask the European Union and the International Monetary Fund to bail it out of financial mess.

The move is a turnaround from only months ago when the Romanian economy was the fastest-growing in Eastern Europe.

Now, with unprecedented levels of debt, it is set to ask for as much as $25bn.

Alan Fisher reports from Bucharest, the capital.

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