2 august 2004 ZF EnglishFinance Minister foresees third NBR cut in intervention ratelikely to trigger an increase in domestic demand, considering the low elasticity of the demand for ROL credits at lower rates,” a recent evaluation report drafted by the International Razvan Voican
1 decembrie 2003 ZF EnglishRetail chains dispute central bank measures set to contain consumer lending. “The set of measures, originated by NBR, would be a rough intervention – even if it was recommended by the International Monetary Fund – by the central bank, which Ionut Bonoiu
18 mai 2003 ZF EnglishColumna, bankrupt at lastMoreover, the NBR officials say the World Bank and the International Monetary Fund have been constantly asking what has become of the bank lately. Ionela Nuta
2 noiembrie 2004 ZF EnglishNational Bank of Romania forecasts forex market turmoil. “Although autumn and winter imports used to diminish the foreign currency surplus in the previous years, the buying process continued this October, with NBR acquiring a further Razvan Voican
17 noiembrie 2004 ZF EnglishHard ROL is pain in the neck for commercial bankerscomputer programmes, feeding the pay offices, operational risks in the dealings with clients, installing new equipment that counts and sorts metallic coins, the change of the international Razvan Voican
11 noiembrie 2004 ZF EnglishFederal Reserve signals moment for interest rate increaseThis level is considered a satisfactory compromise, which neither hinders economic development nor encourages inflation. Andreea Paun
12 ianuarie 2005 ZF EnglishBanca Comerciala Romana takes out largest ever foreign loanPreliminary data show the bank’s net profits calculated according to international accounting standards rose to around 151 million euros. Razvan Voican
8 februarie 2005 ZF EnglishDeparting IMF mission leaves behind strict set of measures to reduce budget deficitThe budgetary spending chapter is also coming under pressure, says Tariceanu, due to the fact that the minimum wage, established at 3.1 million ROL by government decision, was increased Razvan Voican
6 februarie 2005 ZF EnglishCurrent account deficit substantially exceeds 6% of GDPUntil the official figures come out, the news of the 8.2% and 7% figures broken by an international agency has created enough anxiety on the market. Razvan Voican
2 decembrie 2002 ZF EnglishLenders concerned about Termoelectrica splitThe relationship between this bank and the Romanian authorities has since soured and Merrill Lynch has not won any major tender in Romania. Sorin Elisei
