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Tag Archives: Liviu Voinea

BNR Vice-governor Liviu Voinea to take over the office of Romania’s representative at the IMF as of August

The National Bank of Romania announces that Deputy Governor Liviu Voinea has been appointed Romania’s representative at the International Monetary Fund and will assume the position of Senior Advisor to the IMF Executive Director starting August 26, 2019. In order ...

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The GDP is double against the one in 1989, BNR official says

The GDP in 2018 is double against the one in 1989, National Bank Vice-Governor Liviu Voinea said on Tuesday, during the debate ‘A century of sincerity. Recovering the lost memory of Romanian economy: 1918-2018’. He mentioned that it is about ...

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NPLs ratio dropped to 6.4 pc last year, central bank shows

The rate of non-performing loans (NPLs) fell by 0.91 percentage points in December 2017 compared to the previous month to 6.4 percent, according to the latest data from the National Bank of Romania (BNR). Compared to the similar month of ...

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Economic tensions and over-indebtedness of the population – risks to financial stability

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 on Financial Stability’, ...

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NPL ratio up to 9.75pc in January

The non performing loans (NPL) ratio increased by 0.29% to 9.75% in January, according to data released by the National Bank of Romania (BNR). Against January 2016 the level is lower by 3.71 percentage points. BNR Deputy Governor Liviu Voinea ...

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BNR plans to cut NPLs rate to 6 pc

National Bank of Romania (BNR) has set a target of 6 percent for bad loans this year, given that, currently, the percentage is between 9-10 percent, Liviu Voinea, central bank Deputy Governor stated, during a press conference dedicated to the ...

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Central bank, top economists caution the future government on state budget, skidding

The central bank and top economists are waiting cautiously the first measures by the next government. Although the Social-democratic Party’s governing programme includes important tax cuts and wage increases, the economists warn a careful drawing of next year’s budget is ...

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Debt discharge and conversion laws, lower risks for financial stability

The laws on debt discharge and conversion of foreign currency loans in lei represent decreasing risks for the financial stability, Liviu Voinea, deputy governor of the National Bank of Romania (BNR) said on Tuesday, presenting central bank’s Report on Financial ...

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