ISARESCU
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Romania Economy Vulnerable To Possible Capital Outflows, Says Isarescu
A potential outflow of foreign capital would increase Romanian economic vulnerability to a higher degree compared with the situation in 2007-2008, as the interbank market has grown deeper an...
Isarescu: Romanian Economic Growth Could Top 1.5% In 2011
Romanian economy is likely to grow by more than 1.5% in 2011, fueled by good farm output, central bank governor Mugur Isarescu said Monday.
Isarescu: Interest Rates On Leu Loans Likely To Fall
Romanian lenders continue to charge high interest rates on leu-denominated loans, well above the central bank’s key rate of 6.25%, but the fees are likely to come down in the following perio...
Isarescu: Good Farm Output Could Slow Inflation Below 4% In September
The inflation could benefit from a good agricultural year and ease to below 4% in September, central bank governor Mugur Isarescu said Friday.
Isarescu: Low High-School Graduation Results Also Reflect Poor Choice Of Role Models
The low pass rate of the high-school graduation exam does not have to do with the political class alone, but also with the role models promoted by the Romanian society in transition, which p...
Isarescu Warns Bankers That A World Full Of Restrictions And Rules Will Follow
Central bank governor Mugur Isarescu on Thursday for the first time publicly warned bankers that a long period of restrictions would follow in the banking business, more specifically as far...
Isarescu: Steady Key Rate To Steer Inflation Toward Target
The central bank’s decision not to modify its main interest rate will help steer inflation toward the year-end target over the following period, governor Mugur Isarescu said Thursday.
Isarescu Says Banks Should Focus More On Corporate Loans
Romanian banks should focus more on corporate loans, as consumer lending nears saturation point, central bank governor Mugur Isarescu said Thursday.
Let's Grab A Screwdriver And Fix The Economy, Says Isarescu
When inflation is high, despite the dynamics set by the central bank on the money market and in contrast with the size of the budget deficit, the reason can be found in the unpaid debts of s...