01.19.2018

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10.03.2017

Improved tax collection contributed to the sudden rise in interbank interest rates, central bank governor Mugur Isarescu said Tuesday at a press briefing following the central bank's monetary policy more

07.10.2017

The presence of large retailers helped ease inflationary pressures, while uncertainties over new fiscal and wage measures spur inflation on, the minute of the central bank's monetary policy meeting of more

11.10.2016

Romania's central bank has revised up the inflation forecast for next year by 0.1 points, to 2.1%, but kept this year's projection unchanged at -0.4%, governor Mugur Isarescu told a news conference more

07.04.2016

95% of company managers think Romania’s current economic policy must be changed in order to sustain a high growth rate, according to a survey conducted among members of the American Chamber of more

05.10.2016

Two million Romanians living abroad and having sent back home EUR60 billion. A Gross Domestic Product that went from EUR127 billion in 2007 to EUR160 billion in 2015. Exports up from EUR30 billion in more

10.22.2015

The International Monetary Fund says Romania should not ease its monetary policy further immediately, given the expansionary fiscal stance in 2016, rapid growth in wages and lingering uncertainty in more

08.04.2015

Romania’s central bank cut its forecast on the inflation rate from “close to zero” to staying in negative territory over the next three quarters. more

08.04.2015

By Andrea Schaechter, IMF mission chief for Romania, and Guillermo Tolosa, IMF resident representative for Bulgaria and Romania. 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

07.01.2015

Romania’s central bank kept its main monetary policy rate unchanged at 1.75%, as fears over a possible Greece exit from the euro-zone outweighed the extremely low inflation prospects. more

06.04.2015

Romania still has some steps to take before adopting the euro, which needs to be done at the right time, and not before some structural reforms were made, central bank governor Mugur Isarescu said more

05.06.2015

Romania’s central bank on Wednesday surprisingly lowered its main monetary policy rate by 25 basis points to a new record low of 1.75%, the seventh rate cut in the current reduction cycle started in more

04.02.2015

The Bucharest public transport company RATB wants to insure its fleet of buses, trolleybuses and tramways for some RON5.7 million. more

03.31.2015

The monetary policy is not defined only by the key rate, but also includes the minimum requirement ratios and the interest rates for other facilities of the central bank, Romania’s central bank more

03.30.2015

Romania’s central bank is likely to lower its main monetary policy rate by 25 basis points to a record low of 2% in its Tuesday board meeting, the last rate cut in the current cycle, according to a more

02.24.2015

Lax fiscal and monetary policies don't necessarily lead to economic growth, central bank chief economist Valentin Lazea said Tuesday, adding economists ignore the experience of past centuries, which more

01.09.2015

Romania’s central bank could lower again its main lending rate at the next monetary policy council in February, after this week’s 25-basis point cut, Capital Economics said Friday in a report. more

01.07.2015

Romania’s central bank Wednesday cut its main monetary policy rate by 25 basis points, to a record low 2.5%, in line with market expectations. more

11.04.2014

Romania’s central bank Tuesday cut its main monetary policy rate by 25 basis points, to a record low of 2.75%, as inflation is still below its target while the economic growth is slowing down. more

10.30.2014

The Finance Ministry has drafted a bill for the set-up of a National Prudential Supervisory Committee, whose purpose will be to maintain financial stability, to be led by a board consisting of more

10.01.2014

The lower than expected economic growth, the low inflation level and still depressed lending activity, as well as the decision of the European Central Bank to cut monetary policy rate to an all-time more

09.30.2014

Romania’s central bank Tuesday cut its key monetary policy rate by 25 basis points to a record low 3%, in line with the analysts’ expectations, as inflation remains low while the country’s more

09.10.2014

Romanian social democrat MEP Corin Cretu has been designated EU Commissioner for Regional Policy in the new European Commission led by Jean-Claude Juncker, the Commission announced Wednesday. more

07.01.2014

Romania’s central bank on Tuesday held its key lending rate unchanged at 3.5% for the third consecutive meeting, in line with market expectations, but lowered the reserve requirements for foreign more