GEORGESCU
24 articole · RSS
Georgescu, BNR: Digital Transformations Can Boost Banks’ Revenue By Up To 30%
Digital transformations can boost the revenues of a traditional bank by up to 30% and cut costs by 20-25%, central bank deputy governor Florin Georgescu told a conference on digitalization in the banking sector on Wednesday.
Florin Georgescu: Current Account Gap To Shrink To 2% Of GDP In 2013
Romania’s current account deficit will likely shrink to around 2% of the gross domestic product in 2013, central bank deputy governor Florin Georgescu said Thursday.
Isarescu: Florin Georgescu Returns To Central Bank
Romania’s Finance Minister Florin Georgescu will return to the Central Bank BNR at the end of the Governmental mandate, BNR governor Mugur Isarescu said Tuesday.
Romania Might Restore Child-Rearing Benefits This Year
Romania’s ministries of Finance and Labor will analyze the impact on the budget of raising child-rearing benefits to 85% of the parent’s salary, Finance Minister Florin Georgescu said Tuesda...
Finance Ministry Deems Negotiation With IMF Team Succesful
Romanian Finance Minister Florin Georgescu said Saturday the negotiation with International Monetary Fund, the European Commission and the World Bank for the sixth review of a EUR3.5 billion...
Romania Wants New Precautionary Agreement With IMF In Bid To Calm Markets
The announcement by Finance Minister Florin Georgescu on Wednesday that Romania will seek another two-year precautionary agreement with the IMF is a clear attempt to calm suspicions of forei...
PM And FinMin: We Are Not Increasing Taxes. We Could Have Economic Growth
The exchange rate could return below RON4.5 to the euro after the “calming and the clarifications on the political scene,” and the economy could return to growth in the second quarter. As fa...
FinMin: Economy ‘Probably’ Out Of Recession In 2Q
The Romanian economy has “probably” emerged from technical recession in the second quarter, Finance Minister Florin Georgescu said Monday, without going into details.
Georgescu: Leu Will Recover Once Political Situation Clarifies
Romania’s leu is likely to return below 4.5 per euro once the political situation returns to normal and citizens have had their chance to vote on whether to dismiss president Traian Basescu...