BUCHAREST (Reuters) - A joint mission of the International Monetary Fund and the European Commission will visit Romania from July 17 to negotiate the terms of a new aid deal, the finance ministry said.
The European Union's Ecofin will make a final decision over the aid deal on October 15.
Romania concluded an International Monetary Fund-led aid deal last month and was expected to start talks on a new standby loan that is needed to maintain investor trust in the economy.
"Member states have received favorably at the Ecofin meeting Romania's request to secure a new precautionary agreement from the International Monetary Fund," the finance ministry said in a statement.
(Reporting by Ioana Patran; Editing by Luiza Ilie)
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