Central Bank Says Disconnecting Bank Tax from Money Market Rates Is Crucial

Central Bank Says Disconnecting Bank Tax from Money Market Rates Is Crucial

02.15.2019

Board members of Romania's central bank said it is essential that the country's new tax on banks' financial assets is disconnected from benchmark rates on the interbank money market rates such as the three-month Robor index.

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Four Companies Vie For EUR40M Construction Contract Of Brasov-Ghimbav Airport Terminal Four Companies Vie For EUR40M Construction Contract Of Brasov-Ghimbav Airport Terminal

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Germany’s Zeitfracht Group Acquires 10% In Airline Blue Air Germany’s Zeitfracht Group Acquires 10% In Airline Blue Air

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C&W Echinox: Office Transactions Hit EUR95M in Romania in 2018 C&W Echinox: Office Transactions Hit EUR95M in Romania in 2018

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Chitila Turns Into Bucharest’s Future Logistics And Industrial Hub Chitila Turns Into Bucharest’s Future Logistics And Industrial Hub

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World Bank Lowers Romania GDP Growth Projections to 3.5% in 2019, 3.1% in 2020 World Bank Lowers Romania GDP Growth Projections to 3.5% in 2019, 3.1% in 2020

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Nestle To Shut Down Its Romanian Factory Nestle To Shut Down Its Romanian Factory

Swiss giant Nestle, one of the largest players on the Romanian consumer goods market, will close its Romanian factory, located in the

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Analysis

Central Bank: Banking Sector Has Limited Capacity to Sustain Current Profitability Long Term Central Bank: Banking Sector Has Limited Capacity to Sustain Current Profitability Long Term

The Romanian banking sector, which consists of 35 banks, in its present structure has a limited capacity to sustain the recent profitability over the long term, the central bank said in a report.