IMPACT STUDY
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Banks-Insurance
Central Bank Study Shows Bank Tax Could Wipe Out 1.71 Points of GDP Growth in 2019-2020
Romania's tax on banks' financial assets could wipe out a total of 1.2 to 1.71 points of the country's economic growth in 2019 and 2020, according to an impact study by the central bank, presented Friday by opposition senator Florin Citu.
Banks-Insurance
Study: Capping Interest Rates Reduces Lending, Consumption, Affects Investments
A cap on interest rates, currently under debate in parliament, would lead to lower household lending, would reduce consumption and could affect investments, thus hindering economic growth le...