Mugur Isarescu

The Governor of the Romanian National Bank, Mugur Isărescu, is sounding the alarm regarding the economic reform plan. It is a message that is directly aimed at the governors who are currently working on fiscal measures. Isărescu said on…

Romania’s annual inflation rate continues its slow descent, with the National Bank of Romania (BNR) projecting a gradual return toward its inflation target, despite persistent internal and external risks. The central bank’s latest Inflation…

Finance Minister Tánczos Barna said on Wednesday that the Romanian economy will face a “hard landing, not to say soft, because it is not credible” and “very hard” if political instability continues, according to Curs de Governare. A day…

The Governor of the National Bank of Romania, Mugur Isărescu, stated that there is no need to depreciate the euro-leu exchange rate because there are “a lot of tensions”. He added that he does not know what will happen to the exchange rate…

The National Bank of Romania (BNR) expects higher inflation at the end of this year and at the beginning of next year. BNR has thus revised the inflation forecast for the end of 2024 from 4% to 4.9% and from 3.4% to 3.5% the forecast for…

In its meeting of 4 October 2024, the Board of the National Bank of Romania decided to keep the monetary policy rate at 6.50 percent per annum and to leave unchanged the lending (Lombard) facility rate at 7.50 percent per annum and the…

The meeting of the Chamber of Deputies and the Senate approved, on Tuesday, the new management of the National Bank of Romania, and Mugur Isărescu received a new mandate as governor of the National Bank of Romania. Deputies and senators…

Lăcrămioara Isărescu, daughter of BNR Governor Mugur Isărescu, was proposed for a seat in the Fondul Proprietatea (FP) Representatives Committee by BT Maxim, an investment fund managed by BT Asset Management – ​​the investment fund division…

The National Bank of Romania (BNR) has revised upward, to 4.9%, from 4.7% previously, the inflation forecast for the end of this year, and anticipates that it will reach 3.5% at the end of 2025, according to the data presented on…

Because the state spends more than it collects in the treasury, Romania has a huge problem with the budget deficit, says the governor of the National Bank, Mugur Isărescu. Romanians do not want higher taxes or for the state to drastically…