Reporter
Claudia Medrega
- Fields
- Banks-Insurance, Macroeconomics, Analysis
- Writing for ZF since
- 2011
- Articles
- 124
Isarescu Hopes Banks Will Cut Loan Interest Rates
Mugur Isarescu, governor of the Romanian central bank BNR, hopes banks will reduce interests on loans, at least on leu-denominated ones, in line with the inflation decline, although the mark...
Romanian Banking Institute Launches Chartered Banker And Compliance Officer Courses
The Romanian Banking Institute (IBR) marked its twelfth anniversary by launching two courses for bankers on the Romanian market – Chartered Banker and compliance analysts or officers, offere...
Barclays: Romania’s GDP Growth In 3Q Was The Biggest Positive Surprise
Romania was the biggest positive surprise in the region given the 4.4% economic growth it recorded in the third quarter, note analysts of Barclays Capital, the investment division of one of...
Optimism Is Returning: Analysts Revise 2011 GDP Growth Up Towards 2.5%
Most analysts have revised or are preparing to revise upwards their forecasts for economic growth for this year by around one percent point, towards 2.5%, after above-expectations data were...
ZF Seminar: Excessive Red Tape Remains A Burden For Business
The burden of the fiscal system on the business sector is not the amount of taxes but the excessive red tape, which continues to annoy businesspeople.
Statistics Institute Due To Announce Highest GDP Growth In Three Years
The National Statistics Institute is due to announce its flash estimate of the gross domestic product growth for the third quarter on Tuesday. Most analysts expect an annual GDP growth of ab...
Government Bets Again On 7% Rise In Budget Revenues
The Government expects budget revenues to grow 7% next year if the flat tax remains at 16% and VAT stays at 24% under the scenario of a 2% positive economic growth and an improvement in tax...
The Truth About The Government’s New Investments: They Were Down 60% In H1
The long-awaited new investments financed and accepted as completed by the government in the first half of this year, which should have given the economy a boost, actually dropped by almost...
2012 Targets: 2.2% Economic Growth And Budget Deficit Of 1.9%/GDP
Next year’s economic growth forecast could be set at 2.2% and the budget deficit target at 1.9% of GDP using the Romanian methodology of accounting (cash), according to sources close to the...
BNR Expects Rate Cut To Show In Loan Interests
The persistence of low demand in the economy and the weak lending have persuaded the central bank (BNR) to finally relax the monetary policy after an eighteen-month hiatus.
How Much Businesspeople Felt The 3% Economic Growth Announced By Basescu For 3Q
The more significant economic growth in the third quarter, estimated at 3%, has been noticed especially by businesspeople working in the agricultural sector, in tourism and in exports, but n...
Greek Banks Take Out EUR0.65B From Market In 2Q, French Banks Add EUR4.7B
Greek banks continued to reduce their exposure to Romania in the second quarter of this year, while French and Austrian banks increased their financing, according to data published by the Ba...