BANKING UNION
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Isarescu: Romania Needs Law On 2019 Euro-Adoption Target
Romania’s 2019 euro-adoption target should be enclosed in a law adopted by the parliament so that the necessary reforms to join the euro area would not be affected by political changes, central bank governor Mugur Isarescu said Monday.
BNR Deputy Governor: Romania May Join Single Supervisory Mechanism In 2015
Romania might be able to complete all procedures needed to join the Single Supervisory Mechanism (SSM) in 2015, part of the EU banking union, which will start operating on November 2014, Rom...
Basescu: Romania To Be Part Of European Banking Union
Romanian President Traian Basescu Friday said that his country will be included in the upcoming EU banking union, which aims to place euro area banks under the supervision of a single regula...
Isarescu: Romania Should Join The New Banking Union
The European Commission’s proposal to set up a single supervisory mechanism for the eurozone banking system represents an inevitable process and Romania should be part of the new banking uni...