Results 176 - 200 from 228 for "isarescu"
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Isarescu Warns Lenders High Deposit Rates May Backfire
02.07.2012
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 foreign more
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Isarescu: Poor EU Funds Absorption Deepened Romania's Economic Slump
02.07.2012
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, central more
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BNR Head: Changing Governments Can Be Stressful To Markets
02.07.2012
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 Isarescu said more
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Romania Central Bank Hikes 2012 Inflation Forecast To 3.2%
02.07.2012
Romania's central bank Monday revised upward its forecast on the year-end inflation to 3.2% in 2012, from 3%, citing less favorable base effects than previously estimated. more
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Romania Central Bank Says Lenders Overcharge, Calls For Increased Competitiveness
12.12.2011
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. more
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Isarescu Hopes Banks Will Cut Loan Interest Rates
12.06.2011
Mugur Isarescu, governor of the Romanian central bank BNR, hopes banks will reduce interests on loans, at least on leu-denominated ones, in line with the inflation decline, although the market trend more
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BNR Sees Year-end Inflation Below Its Latest Forecast
12.05.2011
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 more
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Isarescu: Romanians Don’t Take Their Debt Seriously
11.09.2011
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. more
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BNR Governor: Rate Cut Aimed To Reduce Inflationary Expectations
11.07.2011
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 process, more
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Isarescu Says No Regrets Over Flexible Deal With Parent Banks
11.07.2011
Romania’s flexible agreement with the parent banks of the top nine local lenders could pose some risks pertaining to capital levels, but the central bank has the means to monitor as well as control more
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Romania Central Bank Sees Room For Further Monetary Easing
11.07.2011
Romanian central bank has sufficient room to further reduce its key rates, but the easing process must be prudent because it’s tightly connected to market evolutions, governor Mugur Isarescu said more
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Isarescu: Romanian Leu Exchange Rate Has Reached Equilibrium
11.07.2011
Romanian leu’s exchange rate has reached a state of equilibrium against the euro, which should be sheltered from any rash measures, central bank’s governor Mugur Isarescu said Monday. more
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BNR Sees 2012 Economic Growth Above 2%
11.07.2011
Romanian central bank’s inflation projections for 2012 are based on an economic growth slightly higher than 2%, governor Mugur Isarescu said Monday. more
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BNR Cuts 2011 Inflation Forecast To 3.3%
11.07.2011
Romania's central bank revised down its forecast on the year-end inflation to 3.3% in 2011, from 4.6% previously, governor Mugur Isarescu said Monday. more
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BNR Sets Up Bridge Bank To Save Ailing Banks
10.31.2011
The National Bank of Romania (BNR) is to complete and approve the regulations of the operation of a new financial institution on the local market - the so-called bridge bank, which should be able to more
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BNR: New Regulations Won’t Limit Foreign Mortgage Lending
10.28.2011
Romanian central bank’s new lending regulations don’t include restrictions for mortgage loans in foreign currency, governor Mugur Isarescu said Friday. more
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Isarescu: Financial Crises Are Impossible To Avoid
10.28.2011
The financial system invests in the future, takes on risks, so it is impossible for it not to be in offside position from time to time. Financial crises cannot be avoided, they can only be minimized, more
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Isarescu Says Killing Foreign Lending Big Mistake
10.27.2011
Romanian mortgage market relies heavily on the foreign lending and killing the foreign loans altogether would be a “grave error,” central bank governor Mugur Isarescu said Thursday. more
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Isarescu: Housing Banks Help Burst The Mortgage Bubble
10.27.2011
Romania’s subsidized housing program, along housing banks have helped deflate the small bubble in the mortgage market, while bringing more stability to the system, central bank governor Mugur more
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Isarescu Says Long Maturities On Consumer Loans Pointless
10.05.2011
Romanian central bank governor Mugur Isarescu Wednesday said the bank’s new regulations to limit the maturity of consumer loans should be interpreted as a “return to normalcy,” because more
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Isarescu: I’m Not Against Lower Social Security Taxes
10.05.2011
Romanian labor market is too burdened and cutting the social security taxes, while a risky measure, would be a most welcome solution to stimulate economic growth, central bank governor Mugur Isarescu more
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Isarescu: Inflation Within Central Bank's Target Range In September
10.05.2011
Romanian inflation has eased to below 4% in September, falling within the central bank’s target of 2%-4%, governor Mugur Isarescu said Wednesday. more
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Isarescu: Romania To Revise 2012 GDP Forecast On Exports Slowdown
10.04.2011
Romania is set to revise its economic growth forecast for 2012, as exports are expected to advance at a slower pace than in 2011, central bank governor Mugur Isarescu said Tuesday. more
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Isarescu Says Lower Taxes May Block Public Investments
10.04.2011
Lowering the taxes or the social security contributions seems like a simple enough solution to unburden the business environment, but the measure would be short-lived and would only limit the more
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Economic Growth Needs Stable Prices – Central Bank Governor
09.05.2011
Central bank governor Mugur Isarescu on Monday said that growth cannot be achieved merely by using more money, and economic growth requires stable prices. more