George Banciulea
ECB: The biggest issue on Romania's real economic convergence is the low per-capita income on average
The low per-capita income on average represents the biggest issue regarding Romania's real convergence in view of joining the Eurozone (EZ), however, it's not a a formal criterion for euro accession, experts with the European Central Bank (ECB) believe.
Unemployment rate in September is 3 pct
The unemployment rate recorded at the national level at the end of September 2019 was 3 pct, a decrease by 0.04 percentage points over the previous month and 0.4 percentage points lower than in September 2018, the National Agency for Employment (ANOFM) reports.
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BNR mints coins to celebrate Completion of the Greater Union - Queen Marie
The National Bank of Romania (BNR) will put into circulation, for numismatic purposes, gold and brass collector coins, along with a brass circulation coin, dedicated to the Completion of the Greater Union - Queen Marie.
Share of green cars in total nationwide sales reaches 3.7pct (APIA)
Bucharest, Oct 20 /Agerpres/ - The share of green cars in the total sales registered at national level, in the first nine months of the year, stood at 3.7pct, higher than the one recorded in the same period of 2018, while, by volume, sales of green cars reached 4,734 units, compared to 2,927, in 2018, according to the data of the Association of Automobile Makers and Importers (APIA), consulted
BNR governor Isarescu: Romania seriously affected by asymmetric shocks if it switched to euro now
If Romania were to switch to the euro now, it would be seriously affected by asymmetric shocks, and this is why it chose the middle path in its efforts to adopt the European single currency, considering that a real convergence of 70 - 75 percent - compared to the current 61 percent - is critical for this step, governor of the National Bank of Romania (BNR) Mugur Isarescu on Friday told the Buch
Central bank's Isarescu: We should let exchange rate, market function
The national currency has not depreciated in recent months and it is worse than an exaggeration to say that the (national currency) leu is on the bottom of the precipice, the governor of the National Bank of Romania (BNR), Mugur Isarescu told a Thursday's press conference, mentioning that the forint and zloty depreciated more than the leu compared to the euro.
Net foreign direct investment flow - 5.26 billion euro in 2018 (BNR)
The net foreign direct investment flow in 2018 recorded the value of 5.266 billion euro, of which 5.546 billion euro were participations to own capital, the National Bank of Romania (BNR) informs in a release sent on Monday to AGERPRES.
Balance of non-government loans, up 0.8 pct in August
The balance of non-government loans granted by credit institutions increased in August 2019 by 0.8 percent (0.7 percent in real terms) compared to July 2019, to the level of 264.638 billion lei , according to a press release issued by the National Bank of Romania sent to AGERPRES on Tuesday.
BNR launches FinTech Innovation Hub project
The National Bank of Romania (BNR) announces the launch of the FinTech Innovation Hub project, a platform dedicated to dialogue with companies that develop innovative solutions of general public interest in the field of payment and financial services (FinTech), according to a release from the institution.
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Romania ranks 3rd in Coface CEE Top 500
Romania went up on the 3rd position from the 4th position in the Top 500 companies in Central and Eastern Europe - Coface CEE Top 500, with 61 companies, increasing from 56, this development being due to the expansion of consumption, County Manager of Coface Romania Eugen Anicescu told a news conference on Wednesday.
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