{"page":"\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/resources-572d6a42.css\" /\u003e\n\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/lp_boclips_stylesheets-f4d0de30.css\" media=\"all\" /\u003e\n\u003cdiv data-title='Lagarde meets Basescu, speaks at conference on Eastern European economy' data-url='/boclips/videos/5c54c3dfd8eafeecae164893' data-video-url='/boclips/videos/5c54c3dfd8eafeecae164893' id='bo_player_modal'\u003e\n\u003cdiv class='boclips-resource-page modal-dialog panel-container'\u003e\n\u003cdiv class='react-notifications-root'\u003e\u003c/div\u003e\n\u003cdiv class='rp-header'\u003e\n\u003cdiv class='rp-type'\u003e\n\u003ci aria-hidden='true' class='fai fa-regular fa-circle-play'\u003e\u003c/i\u003e\nVideo\n\u003c/div\u003e\n\u003ch1 class='rp-title' id='video-title'\u003e\nLagarde meets Basescu, speaks at conference on Eastern European economy\n\u003c/h1\u003e\n\u003cdiv class='rp-actions'\u003e\n\u003cdiv class='mr-1'\u003e\n\u003ca class=\"btn btn-success\" data-posthog-event=\"Signup: LP Signup Activity\" data-posthog-location=\"body_link_boclips\" data-remote=\"true\" href=\"/subscription/new\"\u003e\u003cspan\u003e\u003cspan\u003eGet Free Access\u003c/span\u003e\u003cspan class=\"\"\u003e for 10 Days\u003c/span\u003e\u003cspan\u003e!\u003c/span\u003e\u003c/span\u003e\u003c/a\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-body'\u003e\n\u003cdiv class='rp-info'\u003e\n\u003cdiv aria-label='Hide resource details' class='rp-hide-info' role='button' tabindex='0'\u003e\u0026times;\u003c/div\u003e\n\u003ci aria-label='Expand resource details' class='rp-expand-info fai fa-solid fa-up-right-and-down-left-from-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003ci aria-label='Compress resource details' class='rp-compress-info fai fa-solid fa-down-left-and-up-right-to-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003cdiv class='rp-rating'\u003e\n\u003cspan class='resource-pool'\u003e\n\u003cspan class='pool-label'\u003ePublisher:\u003c/span\u003e\n\u003cspan class='pool-name'\u003e\n\u003cspan class='text'\u003e\u003ca data-publisher-id=\"30356011\" href=\"/search?publisher_ids%5B%5D=30356011\"\u003eCurated Video\u003c/a\u003e\u003c/span\u003e\n\u003c/span\u003e\n\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-description'\u003e\n\u003cspan class='short-description'\u003e1. Managing Director of the International Monetary Fund IMF), Christine Lagarde, meeting Romanian President Traian Basescu, pull out to wide shaking hands2. Cutaway of photographer3. Mid of meeting4. Close-up of Lagarde5. Close-up of...\u003c/span\u003e\n\u003cspan class='full-description hide'\u003e1. Managing Director of the International Monetary Fund IMF), Christine Lagarde, meeting Romanian President Traian Basescu, pull out to wide shaking hands\u003cbr/\u003e2. Cutaway of photographer\u003cbr/\u003e3. Mid of meeting\u003cbr/\u003e4. Close-up of Lagarde\u003cbr/\u003e5. Close-up of Basescu\u003cbr/\u003e6. Wide of meeting\u003cbr/\u003e7. Cutaway of cameraman\u003cbr/\u003e8. Lagarde shaking hands with Mugur Isarescu, Governor of Romanian National Bank\u003cbr/\u003e9. Cutaway of photographer\u003cbr/\u003e10. SOUNDBITE (English) Christine Lagarde, Managing Director of the IMF:\u003cbr/\u003e\"Now, five years down the road after the start of the crisis, the worst is most likely behind you. Most of the countries in your neighbourhood have returned to positive growth along with Romania. This year we expect only two countries in this region to be still in recession and those will be Croatia and Slovenia.\"\u003cbr/\u003e11. Cutaway of Isarescu listening\u003cbr/\u003e12. SOUNDBITE (English) Christine Lagarde, Managing Director of the IMF\u003cbr/\u003e\"We will happily continue discussions with the Romanian authorities in order to help stabilise the macroeconomic framework which has been restored with great efficiency. I know it has been difficult, but it would be really too bad not to consolidate it, not to keep that macroeconomic framework and reap the benefits of it in order to consolidate growth, create jobs and make sure that the Romanian people have the benefit of those efforts.\"\u003cbr/\u003e13. Cutaway of cameraman\u003cbr/\u003e14. Lagarde and Isarescu, pull out to audience applauding \u003cbr/\u003eThe International Monetary Fund's (IMF) managing director on Tuesday, urged Romania to tap into its natural energy resources and European Union funds to improve its sluggish economy.\u003cbr/\u003eChristine Lagarde said that Romania had reserves of untapped natural gas that could be extracted if funds were well and wisely used.\u003cbr/\u003e\"We will happily continue discussions with the Romanian authorities in order to help stabilise the macroeconomic framework which has been restored with great efficiency,\" she said after meeting President Traian Basescu.\u003cbr/\u003e I know it has been difficult, but it would be really too bad not to consolidate it, not to keep that macroeconomic framework and reap the benefits of it in order to consolidate growth, create jobs and make sure that the Romanian people have the benefit of those efforts.\"\u003cbr/\u003eThe IMF chief also noted that Central and East European countries had returned to growth with only Croatia and Slovenia in recession.\u003cbr/\u003eIn June, the government sealed a 3.5 (b) billion euros (4.59 (b) billion US dollars) standby agreement with the IMF, part of a two-year 5 (b) billion euro deal signed with the IMF and the EU. \u003cbr/\u003eNow, Romania is considering signing a new deal with the IMF and the EU to make it more attractive to foreign investors and support the restructuring of state-owned companies.\u003cbr/\u003e\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='action-container flex justify-between'\u003e\n\u003cbutton aria-expanded='false' aria-label='Read more description' class='rp-full-description' type='button'\u003e\n\u003ci class='fai fa-solid fa-align-left'\u003e\u003c/i\u003e\n\u003cspan id='read_more'\u003eRead More\u003c/span\u003e\n\u003c/button\u003e\n\u003cdiv class='rp-report'\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv aria-labelledby='resource-details-heading' 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