10.25.2018

Romania's euro accession must be approached from a wider perspective, beyond comparisons with the accession rate of other countries in the region, central bank governor Mugur Isarescu said Thursday. more

10.25.2018

Wages in Romania should go up to mitigate the labor force drain, but in certain conditions and with complementary benefits, Romanian central bank governor Mugur Isarescu said Thursday. more

09.20.2018

Ten years after the crisis, Misu Negritoiu, then chief executive officer of ING Romania, said on ZF Live he “understood” the decisions of Romania’s central bank governor Mugur Isarescu at the more

07.06.2018

The lending model of the banks in Romania, which focuses on retail and real estate, limits “healthy, durable and balanced” growth of lending, considering all the signs pointing towards an more

06.29.2018

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05.09.2018

Romanian central bank governor Mugur Isarescu might retire in 2019 upon expiry of his term at the central bank and reaching the retirement age of 70 but Parliament will ultimately decide, he told a more

03.29.2018

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. more

01.29.2018

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07.21.2017

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 his wealth more

05.22.2017

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 their share more

05.05.2017

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 more

02.10.2017

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 inflation more

07.05.2016

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 tributary to more

04.07.2016

Romania's central bank governor Mugur Isarescu warned Thursday the central bank has identified severe systemic risk in Romania for the first time ever. more

03.15.2016

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 the central more

02.25.2016

The law on debt discharge has been presented as a social law, a law of justice or an economic law, triggering the confusion of the society, which should no longer be maintained, central bank governor more

02.10.2016

Romania is getting capital inflows, which will only boost liquidity in the banking system even further, causing interest rates to drop. However, Romania’s central bank governor Mugur Isarescu, who more

02.05.2016

Central bank governor Mugur Isarescu on Friday said Romania is marred by internal uncertainties regarding the fiscal and salary policy, as well as structural reforms, considering that 2016 is an more

01.07.2016

Central bank governor Mugur Isarescu on Thursday said salary increases are inevitable in Romania, in the context of its European integration, but their "concubinage" with tax cuts should have been more

01.07.2016

Romanian central bank governor Mugur Isarescu said Thursday that when re-examining the bill on giving in payment, the Parliament ought to consider the recommendations of the European Central Bank more

01.07.2016

There are conditions for the Romanian leu to remain stable versus the euro this year as well if the country avoids domestic macroeconomic imbalances, which could aggravate the impact of external more

08.04.2015

Romania’s economy is not threatened by deflation, despite expectations of a negative inflation rate over the next three quarters, as consumption is increasing while new wage increase may even bring more

08.04.2015

The Romanian central bank Tuesday kept its main monetary policy lending rate unchanged at 1.75% per year in a widely expected move, as policymakers still expect the final version of the fiscal more

07.24.2015

Romanian central bank governor Mugur Isarescu on Friday said the new Tax Code is inapplicable due to the impact the planned tax cuts would have on the country’s gross domestic product and saluted more

07.15.2015

The future mission of economic policies is keeping the macroeconomic balance reestablished after the crisis; thus it would be wrong to ignore the lessons of the crisis and give way to the temptation more