Folcuț, ARB: The level of financial intermediation in Romania, at only 27%
The degree of financial intermediation in Romania is of only 27%, compared to the average of 95% in the European…
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ARB
Dănescu, ARB: Energy price crisis could have been diminished if it would have been a communication between decision makers and the business environment
Energy price crisis could have been at least diminished if there it would have been a communication between decision makers…
Over 150,000 individuals and about 10,000 companies requested to defer the payment of the loan rates
Over 150,000 individuals and about 10,000 companies have so far requested to defer the payment of credit rates, the deadline…
Dănescu (ARB): We will have two major elements to overcome, liquidity and prudent approach
Two major elements will have to be overcome in the current crisis, namely liquidity, meaning the resource existing in the…
Romanian banks: A general loan moratorium could weaken system
Romanian banks are determined to help local borrowers hit by the coronavirus crisis to cope with their loan repayments, but…
Oprescu (ARB), regarding the change of GEO 114: The tax on assets can be canceled; however, the IRCC amendment requires analysis
The modification of GEO 114 in order to eliminate the tax on bank assets can be done immediately, but changing…