01.08.2014

Romania’s central bank Wednesday cut the key monetary policy rate by 25 basis points to a record low of 3.75%, in a move aimed at restarting a sluggish lending activity. more

01.03.2014

Romanian foreign exchange reserves rose by 1.32 billion euro to EUR32.5 billion in 2013, after a slight increase in December, central bank data showed Friday. more

12.30.2013

Romanian private lending fell 0.6% in real terms to 219.7 billion lei (EUR49.2 billion) in November, from RON221 billion a month earlier, central bank data showed Monday. more

12.17.2013

The interest rate at which banks borrow lei from the money market (reflected by the three-month Robor used as reference in leu-denominated retail loan contracts) has reached a new all-time low of 2.5% more

12.16.2013

Almost half the small and medium-sized enterprises in Romania surveyed by central bank BNR says they are not eager to take out bank loans because of too high costs. more

12.13.2013

Romanian foreign direct investment, or FDI, fell 8.2% on the year to EUR1.81 billion in the January-October period, the central bank said Friday. more

12.13.2013

Romania's current account balance posted a deficit of EUR955 million in the first 10 months, well below a gap of EUR5.33 billion in the year-ago period, central bank data showed Friday. more

12.05.2013

The lending activity in Romania will not revive until the autumn of 2014, as banks are not ready to take additional risks before a new series of checkups of the central bank early next year, a senior more

12.05.2013

The non-performing loan (NPL) ratio in Romania’s banking system inched 10 basis points higher in October from the previous month, to 21.7%, a senior central bank official said Thursday, adding there more

12.02.2013

Romanian foreign exchange reserves fell to EUR32.41 billion in November, from EUR34.56 billion a month earlier, central bank data showed Monday. more

11.26.2013

Romanian private lending fell 1.2% in real terms to 221.02 billion lei (EUR49.72 billion) in October, from RON223.1 billion a month earlier, central bank data showed Tuesday. more

11.18.2013

Romania must to rely on foreign investment to speed up economic growth and narrow the gap with the EU average, as domestic investment is insufficient for a swift recovery, a central bank official said more

11.12.2013

Romania's current account balance posted a deficit of EUR595 million in the first nine months, sharply narrower from a gap of EUR4.8 billion in the year-ago period, central bank data showed Tuesday. more

11.12.2013

Romanian foreign direct investment, or FDI, fell 9.9% on the year to around EUR1.5 billion in the January-September period, the central bank said Tuesday. more

11.07.2013

Romania’s central bank revised downwards its 2013 inflation forecast to 1.8% from 3.1% previously, citing lower prices of volatile products, central bank governor Mugur Isarescu said Thursday. more

11.05.2013

Romania’s central bank Tuesday lowered its main monetary policy rate by 25 basis points to a new all-time low of 4% a year, in line with market expectations. more

11.05.2013

The Romanian state collected only 15.7 million lei from banks in the first nine months of this year as earnings tax (tax on profit), 18 times less than in the similar period of 2012, and central bank more

11.01.2013

Romanian foreign exchange reserves rose to EUR34.56 billion in October, from EUR33.08 billion a month earlier, central bank data showed Friday. more

11.01.2013

Romanian analysts estimate the central bank will cut its monetary policy rate by a quarter of a point to 4% at the upcoming meeting November 5, a survey from the Association of Romanian Financial and more

10.23.2013

Romanian private lending edged up 1.1% in real terms to 223.1 billion lei (EUR50.3 billion) in September, from RON221.9 billion a month earlier, central bank data showed Wednesday. more

10.21.2013

All but a handful of small banks could withstand another recession in Romania in the short-term, and the system in general is well equipped to ward off severe economic shocks while maintaining an more

10.18.2013

Foreigners are more confident in Romania’s development potential than Romanians themselves, Viscount Etienne Davignon, chairman of financial group Bilderberg, said in Bucharest Thursday. more

10.11.2013

Romanian foreign direct investment, or FDI, fell 36% on the year to approximately EUR1.12 billion in the January-August period, the central bank said Friday. more

10.11.2013

Romania's current account balance posted a deficit of EUR160 million in the first eight months, sharply narrower from a gap of EUR4.23 billion in the year-ago period, central bank data showed Friday. more

10.10.2013

Romania’s inflation rate slowed for the third straight month in September, falling comfortably within the central bank’s 2013 target range as food prices continued a four-month decline, official more