Isarescu: Financial Crises Are Impossible To Avoid

10.28.2011 By Cristian Hostiuc , Claudia Medrega

The financial system invests in the future, takes on risks, so it is impossible for it not to be in offside position from time to time. Financial crises cannot be avoided, they can only be minimized, and it is important for banks to set up provisions for the uncertain future, believes Mugur Isarescu, governor of the National Bank of Romania or BNR.

To read the full story, please login. Not a member? Subscribe here.

Reveal Romania! Business news & views.
Find out all you need by reading the entire story
To invest in Romania, you need to find out about its opportunities.
To close a strategic partnership with a Romanian company, you need to learn about its market position and whether it is a trustworthy partner
To grow here, you need to be informed

Subscribe now
Only 25 euros/month (VAT not included)
Get access to reports, news and statistics in the main sectors of Romania’s economy. Follow the strategic moves of companies operating in Romania. We will keep you updated on the latest business events.
Contact: E: newsroom@zfenglish.com (newsroom), marketing@zfenglish.com (Marketing & PR), sales@zfenglish.com (subscriptions)
T: 0040-318.256.431 (Newsroom)
0040-318.256.158, 0040-318.256.408 (Subscriptions Department)
0040-318.256.469, 0040-318.256.470 (Advertising Sales Department)
0040-318.256.427, 0040-318.256.129 (Marketing & PR)

LOGIN / Lost password?

Keywords:
ISARESCU
, BNR
, MARKETS
, REGULATION

Please fill all required fields!

Your comment was successfully added!

Comments will appear only after the moderation.