ISARESCU
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Isarescu: S&P Waiting To See How We Fare During Election Year To Lift Junk Status
Romanian central bank governor Mugur Isarescu on Friday said the last of the “Big Three” credit-rating agencies which is yet to promote the country to investment grade will probably wait unt...
Isarescu: Bucharest Ready To Join The Eurozone
The rest of Romania not so much, the central bank chief says
Isarescu: Controlled Floating Includes Finance Ministry’s FX Sales
Romanian central bank governor Mugur Isarescu on Wednesday reiterated the local money market has a controlled floating exchange rate system, which allows the institution to sell or purchase...
Isarescu: Capping Cash Payments, Good Intention On The Road To Hell
Romanian government’s plan to limit cash transactions for both companies and population reminds of the proverb “the road to hell is paved with good intentions,” central bank’s governor Mugur...
Romania Central Bank Ups 2014 Inflation Forecast To 3.5%
Romania’s central bank Thursday revised upward its inflation forecast to 3.5% this year from 3% previously, citing upside pressure from higher excise duties and a newly announced tax on fuel...
Isarescu: Debt Help Scheme A First Step Toward Differentiated Taxation
Romanian central bank’s chief Mugur Isarescu said Tuesday the government’s planned debt relief scheme to help troubled debtors could be a first step toward implementing a differentiated tax...
Isarescu: Romania Should Avoid Confusing Political Decisions In 2014
Romanian government should avoid taking unclear or confusing political decisions in 2014, which is an election year, because they may lead to unexpected or large capital movements that will...
Isarescu: Leu Should Fall, But I’m Afraid It Won’t Happen
The Romanian leu should fall after the lowering of the key rate and the reserve requirements, central bank governor Mugur Isarescu said Wednesday, adding that such a scenario is not certain.
Romania Should Double Economic Growth To Catch Up With EU, Central Bank Governor Says
Romania should strive to double economic growth to narrow the gap with the other European Union countries, but any potential measures in the area must not upset the 2% balance achieved for t...