CĂUTARE (90)

The National Bank of Romania (BNR) has revised upward the inflation forecast for the end of this year, to 4.9% compared to the previous forecast of 4%, and estimates inflation of 3.5% for the end of next year, at the limit of the range above the...

The preparation of the campaigns for the presidential and parliamentary elections that will take place on November 24, respectively December 1, led the Government to increase the amount of budget expenditures in the second month of autumn in...

The correction of the indices of the Bucharest Stock Exchange (BVB) that started in August continued in September, in contrast to the evolution of the main indices of the Western markets, which suggests the absence of internal growth vectors for...

The Committee of Representatives of Fondul Proprietatea (FP) is starting the selection procedure of an alternative investment fund manager (AFIA) for FP, according to a report of the issuer published, yesterday, on the website of the Bucharest...

The Plenary of the Parliament would appoint today the new management team of the National Bank of Romania, according to the agenda of the joint session of the Chamber of Deputies and the Senate. The mandate of the current management expires on...

Investors are flocking to sell shares in Fondul Proprietatea's offer made by administrator Franklin Templeton, according to data available on the platform of a brokerage house.

Fondului Proprietatea must have a clear management strategy that will benefit all shareholders, says Istvan Sarkany, investor and candidate for a seat in the FP Representative Committee in the September 27 elections.

The construction sector is one of the main contributors to the creation of the Gross Domestic Product, but it is currently facing problems generated by the bureaucracy from the central and local public authorities, lending from the banking sector...

The shock in the energy sector has strongly affected companies in our country, about a third reporting a large increase in energy expenses, compared to companies in the United States, according to a survey by the European Investment Bank (EIB)...

Traditionally, the second month of the year should be marked by the beginning of the first parliamentary session and less by the visibility of the work carried out by the government, but the electoral year 2024 seems out of the ordinary, in view...

Our country is not in recession and the National Bank of Romania does not have such a forecast, Governor Mugur Isărescu said yesterday, during the conference where he presented the "Quarterly Report on Inflation".

Radu Soviani: Mr. Coşea, 30 years since the onset of mass privatization, how do you perceive this phenomenon and set of actions?

After 15 years of activity, the Pilon II private pension funds have around 8.1 million participants, 117 billion lei accumulated, of which three quarters represent the contributions transferred into the system and one quarter (over 30 billion...

Pandemia de Covid-19, măsurile luate pentru diminuarea efectelor ei asupra persoanelor fizice şi juridice, deficitul bugater rezultat în urma acestpor măsuri, disputele permanente între guvernele PNL şi fosta majoritate parlamentară din jurul...

Strict financial regulations are the norm in the European Union. The Covid-19 pandemic, however, is causing a change in European orthodoxy regarding capital markets. The European Commission, the executive of the European Union, decided on Friday...

In October 2016, the governor of the NBR was saying that "throughout my career I have not seen a better macroeconomic situation for Romania", which was accompanied by "the greatest risks".

When you've painted yourself into the corner, by ignoring the mistakes of monetary policy, yours and those of others, the only "effective" measure remains prayer.

Not only the weather was hot in July, but the economic, social and political matters as well. Even though it began with the validation of Mugur Isărescu for the sixth time at the helm of the NBR, it went on with Simona Halep winning Wimbledon and...

Up until after the presidential elections of November 2019, the exchange rate will be kept within a narrow fluctuation band, says economist Lucian Isar. "Young economists in the commercial banks are joking that the only reason the EUR/RON...

• Interview with economist Lucian Isar 

In the first meeting with journalists this year, after last week's monetary policy meeting, Mario Draghi said that risks have increased for the economy of the Eurozone.

The urge "Mircea, act like you're working!", back in the days of the so-called revolution of December 1989, was brought back recently by a new "director".

This type of monetary policy has been adopted by numerous developed or emerging countries starting with 1990, starting from the premise that a monetary policy based on transparent rules, despite the independence of central banks, can ensure even...

• ADEVARUL 

The leu yesterday reached a historic low against the Euro, 4.6495 lei/Euro, up 1.05 over the previous meeting, marking the fourth day where the exchange rate was above 4.6 lei.

The government's proposal to transfer the social security contributions exclusively to the employee is not at all a social-democratic measure and not even one of redistribution, rather it is one of an ultra-liberal nature, which leaves the...

In 2007, we had a EU-facing strategy, and now we need a Eurozone-facing strategy, said Adrian Vasilescu, strategy consultant with the National Bank of Romania (NBR).

The blockchain technology is part of a recent technological revolution, started in 2008 with the alternative currency bitcoin. In the aftermath of the appearance of p2p programs (such as BitTorrent, Napster, KaZaA), an architecture which,...

The signals on the domestic market, as well as the ones from the international markets, increasingly show us that the budget "fantasy" of the new government will be very costly for Romania, and the "price" that we are going to pay...

When I think of "Bogdan Olteanu", a list of names comes to my mind, a list that I reproduce in no particular order: Mugur Isărescu, Dinu Patriciu, Alina Gorghiu, Lucian Isar, Sorin Ovidiu Vîntu, Călin Popescu Tăriceanu, Daniel Zamfir,...

Prime-minister Dacian Cioloş had a busy schedule yesterday. After putting up for public debate, "Competitive Romania: a project for a sustainable economic growth", he also proceeded to replace four ministers in charge of four important...

Former president Traian Băsescu recently attacked NBR governor Mugur Isărescu, including him on the list of those who don't realize the responsibility that having a significant position entails, together with interim Bucharest mayor Răzvan...

Senators have begun their winter session with a one-week postponement of the Law on Giving in Payment, at the request of the banks' representatives, who claimed that they did not have enough time available to study the amendments.

Lawyer Gheorghe Piperea has succeeded in obtaining a meeting with the officials of the Presidential Administration, on the issue of the giving in payment of homes.

• ADEVARUL 

Oprescu's arrest means a massive drop of the rating of the Mayoralty of Bucharest, in other words an increase in the cost of debt, which was already high, given its already modest rating (Fitch - BBB-).

Mugur Isărescu may hand in his resignation as governor of the NBR by October, three separate sources in the financial industry told us. Some of these voices claim that Mugur Isărescu will retire, despite the fact that his current term as governor...

CHF borrowers suspect that banks have made speculations based on lending terms, as many consumers claim that, at the time they contracted their loans denominated in CHF they got their money either in lei, or in Euros.

During his term as minister of foreign affairs, Mihai Răzvan Ungureanu, who has been recently appointed personal advisor to the new president of Romania, Klaus Iohannis, has sabotaged through official actions the activity of the Commission for...