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Bank Leumi Romania's capital adequacy ratio was 26.5%. is recovering, despite the economic crisis in Eastern Europe. The bank today published its financial report for the third quarter of 2009, reporting a net profit of 11.7...
Woensdag 18 november 2009 | International Monetary Fund ] In a meeting of the European Bank Coordination Initiative Group, held today in Brussels, the parent banks of the nine largest banks operating in Romania reaffirmed their...
Mugur Isarescu continues to plead for savings and investments. An elections year should not destabilize the economy. The optimal adjustment solution for Romania aims at public expenditures, in the sense of reducing the...
Vrijdag 6 november 2009 | International Monetary Fund ] An International Monetary Fund (IMF) mission, led by Jeffrey Franks, visited Romania during October 28-November 6, 2009 to initiate discussions with the country's...
The Fund’s most important requirement is the adoption of the 2010 Budget Law before the potential talks on the Board on December 14-15. EUR 1.5 bn for the 2010 budget. This is the number one condition the International Monetary...
BUCHAREST, Romania—Romania's president named an adviser to the central bank governor as his choice for prime minister on Thursday, two days after the government collapsed. Traian Basescu named Lucian Croitoru, who is a monetary...
Romania's central bank cut the benchmark interest rate by half a percentage point to the lowest level in 19 months as a deepening recession saps price pressures in the east European country. The Banca Nationala a Romaniei...
By Justyna Pawlak BUCHAREST, Sept 9 (Reuters) - Romania's central bank chief Mugur Isarescu looks set to win a new term after his mandate ends in October, ruling party politicians said, raising chances for continued support for...
NEWS IN BRIEF published in issue 4508 page 6 at 2009-09-03 RON reaches lowest level in the last 6 weeks The reference exchange rate has climbed yesterday to RON 4.2372/EUR, the highest level in the last 6 weeks, Realitatea.net...
The National Bank of Romania and the Central Bank of Cyprus, expressing their mutual interest and willingness in promoting further the bilateral ties in the domain of supervision of credit institutions, have recently updated...
