Mugur Isărescu: Extension of the Middle East conflict could have a severe impact on the economy
A long Middle East conflict could have a severe impact on the economy, declared Mugur Isărescu, governor of the National…
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Banca Națională a României
BNR: Six out of 10 banks already have an organizational structure dedicated to climate change
Six out of 10 banks already have an organizational structure dedicated to climate change and another 5% intend to develop…
Ciolacu: Record investments and economic growth of 3.4%
Prime Minister Marcel Ciolacu announced record figures during Thursday’s government meeting, despite the speech calling for moderation. One figure predicts…
C-Bank holds key interest rate at 7% per year
The Board of Directors of the National Bank of Romania decided, in Wednesday’s meeting, to maintain the monetary policy interest…
NBR kept key interest rate at 7% as inflation slows down
The Board of Directors of the National Bank of Romania decided, in Monday’s meeting, to maintain the monetary policy interest…
C-Bank holds the key interest rate at 7% as inflation drops
Annual inflation rate decreased to 15.52 percent in February 2023, from 16.37 percent in December 2022, relatively in line with…
Raiffeisen Bank issues a new tranche of sustainable bonds
Raiffeisen Bank issued on March 31, 2023 the eligible non-preferential senior bonds, due on December 7, 2027, under the second…
Foreign direct investment increased by almost 35% in January 2023
Direct investments by non-residents in Romania rose by 34.86% in January 2023, to 1.176 billion euros, compared to 872 million…
ROBOR index doubles compared to the beginning of the year
The 3-month ROBOR index, based on which the cost of consumer loans in lei with variable interest rate is calculated,…
NBR maintains the interest rate at 1.75%
The Board of the National Bank of Romania (BNR) maintained its monetary policy interest rate at 1.75% per annum and…
A diminished oil price may throw Romania into deflation
###author### While deflation has already bitten the euro area, Romania was held still standing and only registered a decrease of…
Isărescu: oil prices drive down inflation below estimates
###author### Romanian Inflation will remain under the inferior value of the variation corridor estimated by the central bank, towards 1.5%,…
