Five Romanian banks have signed up to the SME Initiative in Romania, to provide new financing for Small and Medium enterprises (SMEs) across the country. The SME Initiative is managed by the EIB Group (European Investment Bank and European...
The cumulative level of the net assets of the five SIFs (Financial Investments Society) was 8.15 billion lei in May, up 5.8 pct from the level recorded at the end of April, reads a press release of the Association of Fund Managers in Romania (AAF)....
BNR ‘s Voinea: From monetary policy perspective, no other option for Romania but to join Eurozone From the monetary policy perspective there is no other option for Romania but to join the Eurozone, and the question is when and how, stated...
Pursuant to the provisions of Law No. 312/2004 on the Statute of the National Bank of Romania (BNR), as of 19 June 2017, the National Bank of Romania will put into circulation a set of three coins (gold, silver and copper-plated tombac) and a brass...
Annual inflation rate dropped in May to 1.4 pct in the euro area and to 1.6 pct in the European Union, from 1.9 pct and 2 pct, respectively in April, and Ireland, Romania, Denmark and the Netherlands have recorded the lowest annual inflation rates...
The political situation in Romania won’t have a significant impact over the robust level of current economic growth that could reach a peak in 2017 and may slow down in 2018, analyst at The Economist Intelligence Unit Maximilien Lambertson...
The National Bank of Romania (BNR) announced on Thursday a reference exchange rate of RON 4.5872/EUR, up by 0.45 percent – the highest level since 3 August 2012 – against the backdrop of political tensions. On Wednesday, BNR posted an exchange...