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Romania Private Lending Inches Down 0.2% in October
Banks-Insurance

Romania Private Lending Inches Down 0.2% in October

Romanian private lending edged down 0.2% in real terms and rose 0.1% in nominal terms in October compared with September, to RON214.45 billion, central bank data showed Tuesday.

Oana Gavrila · 24.11.2015 · 11:47 · 1 min
Banks-Insurance

Romania Central Bank May Ease Monetary Policy, Decision on Hold over Uncertainties

Romania's central bank may ease the key lending rate or minimum reserve requirement ratios further but the decision is influenced by domestic and external uncertainties, central bank governo...

Oana Gavrila · 09.11.2015 · 13:55 · 1 min
Banks-Insurance

Romanian Central Bank Governor Supports Technocratic Government Scenario

Romanian central bank governor Mugur Isarescu reckons a technocratic government could handle the challenges Romania is facing if it is given a clear and limited mandate, with macroeconomic s...

Oana Gavrila · 09.11.2015 · 12:48 · 1 min
Macroeconomics

Romania Central Bank Revises 2015 Inflation Forecast to -0.7% from -0.3%

Romania's central bank has revised its annual inflation forecast for this year and sees it at -0.7% from -0.3% in August, considering the impact of tax cuts, central bank governor Mugur Isar...

Oana Gavrila · 09.11.2015 · 11:57 · 1 min
Banks-Insurance

Central Bank: Romanian Economy Stable, Political Effects Depend On Quick Action

The effects of the current political uncertainty in Romania on the economy depend on how quickly a new Cabinet is formed and the measures it will take, but the country is macroeconomically s...

Oana Gavrila · 05.11.2015 · 16:18 · 1 min
Macroeconomics

Central Bank Report Confirms Inflation Will Stay Negative for Next Three Quarters

Romania's central bank re-confirmed Thursday that the country's annual inflation rate will remain negative during the next three quarters and will return to positive territory by the beginni...

Oana Gavrila · 05.11.2015 · 15:40 · 1 min
Romanian Central Bank Keeps Key Rate Unchanged at 1.75%
Banks-Insurance

Romanian Central Bank Keeps Key Rate Unchanged at 1.75%

The Romanian central bank Thursday kept its main monetary policy lending rate unchanged at 1.75% a year, in line with analysts' expectations.

Oana Gavrila · 05.11.2015 · 12:45 · 1 min
Eurobond Issue Boosts Romania Forex Reserves to EUR31.65B in October
Banks-Insurance

Eurobond Issue Boosts Romania Forex Reserves to EUR31.65B in October

Romanian foreign exchange reserves increased to EUR31.65 billion in October, from EUR29.13 billion in September, central bank data showed Monday.

Oana Gavrila · 02.11.2015 · 14:00 · 1 min
Lower Tax On Dividends To Produce Visible Effects In 10-15 Years - Central Bank Official
Banks-Insurance

Lower Tax On Dividends To Produce Visible Effects In 10-15 Years - Central Bank Official

The desired results of lowering the tax on dividends, to stop business owners from taking their gains out of the country, will be visible in 10-15 if Romania offers a stable legal framework,...

Oana Gavrila · 28.10.2015 · 11:31 · 1 min