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Tag Archives: BNR

Romania is not prepared to join the eurozone, BNR official says

daniel daianu

Romania is not prepared to join the eurozone, those who say that we should join it if invited prove simple thinking and do not understand the problems the country is facing, Daniel Daianu, member of the National Bank of Romania ...

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0.6pc annual inflation rate in May


The annual inflation rate in May was of 0.6%, with price increases for the foodstuff by 2.3% and non-food goods of 0.23%, but also with price decreases for services by 1.26%, the National Statistics Institute (INS) reports. “Consumer goods prices ...

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80pc of the poorest 10pc of Romanians, 40pc of the 10pc richest have difficulty in repaying loans, BNR official says


The poorest 10% of Romanians have 80% difficulty in repaying their loans, while 10% of the richest have difficulties in a 40% share, chief economist at the National Bank of Romania (BNR) Valentin Lazea said in a conference on financial ...

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BNR: International reserves down by EUR 477m in May

bnr reserves

On May 31, 2017, the National Bank of Romania’s foreign exchange reserves stood at EUR 35,483 million, compared to EUR 35,960 million on April 30th 2017, the central bank informs. During the month, the following flows have taken place: –    ...

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BNR’s Isarescu to the banks: Get out of litigation and restart lending!


The banks must to regain customers’ confidence and restart lending. According to National Bank Governor Mugur Isarescu, a large number of litigation in court with clients, will force them to raise their capital according to EU rules. “The country’s macroeconomic ...

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