ISARESCU
215 articole · RSS
Central Bank Chief Insists Romania Must Increase Its Presence In Foreign Debt Markets
Romania must sell bonds on international markets on a regular basis to increase its credibility and avoid potential ugly moments when “blood-thirsty” markets go after desperate governments,...
Isarescu Says Another IMF Deal May Send The Wrong Message
Romania shouldn’t seek a new financial agreement with the International Monetary Fund once the current one ends in 2013, because it would send a negative signal to the markets, central bank...
Isarescu Warns Lenders High Deposit Rates May Backfire
Romanian central bank governor Mugur Isarescu Tuesday warned commercial lenders that their policy to increase interest rates on deposit facilities in a move to reduce their dependency on for...
Isarescu: Poor EU Funds Absorption Deepened Romania's Economic Slump
Romanian economy was severely hit by a sharp decline in foreign investments after 2008 and the poor absorption rate of European structural funds has only deepened the country’s recession, ce...
BNR Head: Changing Governments Can Be Stressful To Markets
Replacing the government of a country can be a stressful factor for the financial markets, but if resolved swiftly, it may be easily digested by investors, central bank governor Mugur Isares...
Romania Central Bank Says Lenders Overcharge, Calls For Increased Competitiveness
The weak level of competitiveness in the Romanian banking system is allowing banks to dump some of their costs on to their customers, central bank governor Mugur Isarescu said Monday.
BNR Sees Year-end Inflation Below Its Latest Forecast
Romania’s annual inflation rate could ease below the central bank’s latest forecast of 3.3% in December, owing to a steady exchange rate of the leu, central bank governor Mugur Isarescu said...
Isarescu: Romanians Don’t Take Their Debt Seriously
Romanians should be aware that they are responsible for some of the country’s foreign debt of EUR90 billion, central bank governor Mugur Isarescu said Wednesday.
BNR Governor: Rate Cut Aimed To Reduce Inflationary Expectations
Romanian central bank’s decision to lower its key rate after 18 months of prudential approaches aims to reduce inflationary expectations and build up general confidence in the disinflation p...