摘要：At present all world countries are seeking to attract the cheapest way of publicresources needed to cover budget deficits. This paper aims to review the five alternatives forexternal funding of countries faced with insufficient public funds to the state budget. It focuses onthe possibilities of financing with borrowed resources. The financing alternatives are presentedfrom the perspective of Romania's access to them, with comparative references to otherEuropean Union member states. International funding alternatives are: loans from theInternational Monetary Fund, World Bank, European Commission, European Bank forReconstruction and Development, European Investment Bank.
关键词：external financing; EFSM; EFSF; IMF – EU – World Bank financing package
