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Tag Archives: governor Mugur Isarescu

BNR Governor Isarescu warns about the risks of failing to keep the coherence of macro-economic policies

National Bank Governor, Mugur Isarescu, has warned on Wednesday about the need to keep the macro-stability, adding that ‘financial discipline is one of the important objectives we should promote.’ The speech was delivered during the annual conference of the Financial-Banking ...

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IMF staff concludes visit to Romania, says budget deficit target for 2018 remains at risk without further measures

An International Monetary Fund (IMF) staff team led by Jaewoo Lee visited Bucharest during November 6-12, 2018, to discuss recent macroeconomic and policy developments. At the end of the mission, Mr. Lee issued the following statement, as posted on the ...

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3-month ROBOR Index further up to 2.75pc

The 3-month ROBOR Index, according to which the cost of variable-yield loans in RON is calculated, has climbed on Thursday to 2.75% per annum, up from 2.73% on Wednesday, according to the figures released by the National Bank of Romania ...

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BNR’s Isarescu: The rise in energy prices to be seen in July inflation

The latest inflation forecasts, to be formally released this Tuesday, have been revised upwards – largely driven by higher energy prices, as National Bank of Romania (BNR) Governor Mugur Isarescu announced. BNR sees the inflation increasing from 1.6 percent at ...

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Legislative instability, still a risk to financial stability, central bank says

National Bank of Romania (BNR) keeps the legislative instability among risks, placing it in the “moderate, declining” category, governor Mugur Isarescu stated on Thursday in a press conference, presenting the Report on Financial Stability. “In the current report you will ...

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