ISARESCU
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Isarescu: Abusive Clauses Are Part Of Signed Contracts
The so-called abusive clauses denounced by bank debtors are part of the loan contracts they have signed and therefore should be accepted as such, Romanian central bank governor said Wednesda...
BNR Revises Down Romania's Inflation Forecast To 3.1% In 2013, 2014
Romania’s central bank has revised slightly downward its inflation forecast for 2013 to 3.1% from 3.2% previously, governor Mugur Isarescu said Wednesday.
Where Central Bank Leaders Keep Their Money
For the second year in a row, members of the board of directors of the Romanian central bank BNR reveal the names of banks where they hold current accounts and deposits through their persona...
BNR Sees 2013 GDP Growth Above 2%
Romanian economy will likely expand by more than 2% in 2013, from a growth of 0.7% a year earlier, largely supported by exports, industry and a good harvest, central bank governor Mugur Isar...
Isarescu: CFR Marfa Privatization, An Attempt To Escape Vicious Circle
Romanian central bank governor Mugur Isarescu said Monday the privatization of state companies that have monopoly or quasi-monopoly, such as railway freight carrier CFR Marfa, is a way out o...
Isarescu Hopes For Cheaper Loans As Of September
Romanian central bank governor Mugur Isarescu Monday expressed hope that the lower monetary policy rate will translate into cheaper loans for local consumers as early as September.
Isarescu: Romania Must Stimulate Sustainable Economic Growth
Romania must intensify efforts to stimulate the development of both human and natural resources and ensure sustainable economic growth, central bank governor Mugur Isarescu said Wednesday.
No To-Big-To-Fail Banks In Romania, Says Central Bank’s Chief
The largest Romanian banks are not nearly large enough to be deemed “too big to fail”, but some of them may be too big by local economic standards, central bank governor Mugur Isarescu said...
Isarescu Says Leu’s 5% Fluctuation Vs Euro Could Occur Even If Economy Is Highly Competitive
Romanian central bank’s governor Mugur Isarescu on Monday said the 5% fluctuation of the leu against the euro was “a normal sway" which could occur even if the country’s economy is extremely...