07.16.2020

Developments in public health continue to generate unprecedented uncertainty and major risks to the outlook for economic activity and to financial market functioning, with an impact on macroeconomic more

12.03.2018

Romanian central bank governor Mugur Isarescu expressed optimism during a conference on Monday regarding the evolution of the country’s economy, while also admitting to some of its shortcomings. more

08.01.2016

Romania’s central bank deputy governor Bogdan Olteanu stepped down on Monday after the Supreme Court ruled last Friday to place him under house arrest for 30 days on charges of influence peddling. more

07.29.2016

Romania's central bank deputy governor Bogdan Olteanu will resign on Monday, according to lawyer Constantin Durgheu. more

11.24.2015

Romania registers a "not so favorable" labour productivity which stayed at 50% of the European average after 2008, pointing to a slowdown in the convergence process towards developed countries, more

02.11.2015

Banks in Romania registered a cumulated loss of RON8 billion during four of the last six years, as well as profit of RON0.9 billion and a net loss of RON7.1 billion during a two-year period, which more

11.11.2013

The Romanian central bank’s current board ought to bring minimum reserve requirements closer to the European level (1% as of 2012) by the time a new board takes over starting next fall, said deputy more

02.23.2012

Bogdan Olteanu, deputy governor of the Romanian central bank, took over at the end of January as president of the Court of International Commercial Arbitration attached to Romania’s Chamber of more