ISARESCU
215 articole · RSS
Isarescu Tells Senators Central Bank Has No Control Over Fiscal Policy
Romanian central bank governor Mugur Isarescu told senators Thursday the central bank has no control over the government's fiscal policy and it was forced to raise the monetary policy rate.
Isarescu: Net Inflows Of EU Funds Hit EUR30.4B In Last 10 Years, Or, An Average Of 1.8% Of GDP/Year
Romania benefited from EU funds of nearly EUR45.7 billion between 2007 and 2017, which represents an average of 2.8% of the gross domestic product (GDP), annually, and, in terms of net value...
Isarescu's Central Bank Salary Totaled RON1M in 2016
Central bank governor Mugur Isarescu had a net income of RON1 million in 2016, the equivalent of around RON84,385 a month (EUR18,700/month), 12% lower than the previous year, according to hi...
Central Bank Governor Urges Banks to Restart Lending
Romanian central bank governor Mugur Isarescu on Monday urged banks to regain their clients' confidence and restart lending, warning a high number of litigations would force them to raise th...
Banks Get EUR600M on Lower Reserve Ratios But Loan Interests Could Rise
Banks have around EUR600 million following the central bank's cutting of required ratios on foreign currency liabilities by two percentage points, but interests on loans could rise following...
Romania’s Central Bank Governor: No Room For Leu Appreciation Any Time Soon
The strengthening of the leu against the main currencies is unlikely if not impossible any time soon, Romania’s central bank governor Mugur Isarescu said during the presentation of the infla...
Isarescu: Although It May Seem Paradoxical, Moderate Economic Growth Is Preferable
Romanian central bank governor Mugur Isarescu on Tuesday said "not any economic growth brings long-term development to the country and when the objective of achieving high growth rates is tr...
Central Bank Governor Warns Of Severe Systemic Risk
Romania's central bank governor Mugur Isarescu warned Thursday the central bank has identified severe systemic risk in Romania for the first time ever.
Central Bank Governor: Romania Can’t Talk About Deflation As Domestic Consumption Is Sharply Up
Romania cannot talk about a deflation of the local economy as the country is facing a sharp domestic consumption growth, central bank governor Mugur Isarescu told a conference organized by t...