Eugen Radulescu

Eugen Rădulescu, the director of the Stability Department within BNR, the National Bank of Romania, has posted a warning on its Facebook page: "We are in an extremely difficult situation, politically and economically speaking. I don't…

Banks need to revise their attitudes towards the customers and to strengthen their online presence, as competition will get fiercer in the next few years, once the giant companies enter this market, a move that will produce real…

Romania has no more room to increase the debt by accumulating budget deficits, given that the maximum level that the local economy can sustain is 40-45% of GDP at the most. The local banking system, the largest financier of the public debt,…

The macro-economic tensions which surfaced given the GDP growth over its potential and the over-indebtedness of the population, as interest rates are expected to be increased, are the main risk factors, the National Bank of Romania ‘Report…

  Romania is the country with the lowest level of financial intermediation in the European Union - 50 percent of GDP, while the European average is over 200 percent, Eugen Radulescu, Director of Financial Stability Department within…

The Romanian Interbank Offered Rate (ROBOR) has continued to grow on Monday, which will lead to higher credit in the national currency, and the National Bank of Romania (BNR) has announced on Monday the level of 1.71% per annum, up from 1,…

There are 100,100 firms in Romania with three atypical characteristics: they have negative capital account, have no sales and no employees and with total debts of RON 65.4 billion, Eugen Radulescu, Director of Financial Stability Department…

Eugen Rădulescu (photo 2), Director of the BNR Financial Stability Directorate, has said on Saturday that he will not reply to the “political statements” made by PM Mihai Tudose on Friday. However, the BNR official said he expects higher…

Dan Suciu, central bank’s spokesman, has told HotNews.ro that 40 customers have taken 45 loans of over CHF 1 million and other 201 clients loans between CHF 500,000 and CHF 1 million. The total number of clients with loans in Swiss francs…

4,000 persons announced the banks that they want to give up their house keys under the law on debt discharge so far, Eugen Radulescu, Director of Financial Stability Department within National Bank of Romania (BNR) said in a press…