Mugur Isarescu

Romania's economy has grown the fastest after 2000, but we have a tendency to press hard on the accelerator, not to be cautious and there is a slippage that means divergence, Mugur Isarescu, the governor of the National Bank of Romania (BNR) told a Monday's specialist conference. "We are now, at the end of the year, in the ninth year of economic growth.

Romania's annual inflation rate slightly decreased to 3.4 percent in October 2019, from 3.5 percent in September, in the context of food stuff prices increasing 4.16 percent and those of non-food goods by 2.57 percent, while the price of services recorded an advance of 4.14 percent, according to the data published by the National Institute of Statistics (INS) on Tuesday.

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

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.

The National Bank of Romania (BNR) is keeping the year-end inflation target at 4.2pct, estimating a 3.4-pct 2020 year-end inflation, BNR Governor Mugur Isarescu said Thursday upon releasing the bank's quarterly inflation report. In May 2019, BNR was expecting year-end inflation to stay at 3.3pct in December 2020.

June 2019 inflation in Romania may fall below 4pct, according to market data with the National Bank of Romania (BNR), BNR Governor Mugur Isarescu said on Thursday at a news conference. "There will be no rampaging inflation in Romania, because we are here too.

Governor of the National Bank of Romania (BNR) Mugur Isarescu said on Wednesday, after Parliament appointed in a joint session the members to the new BNR board of directors, that BNR is mandated to prepare Romania to enter the Eurozone .

In a joint meeting on Wednesday, the Chamber of Deputies and the Senate appointed members to the Board of Directors of the National Bank of Romania (BNR), the Fiscal Council, and also nominated the chairman of the National Audio-Visual Council (CNA). The voting was secret, with ballot papers.

The Senate and the Chamber of Deputies gathered on Wednesday in a joint extraordinary session to appoint the new members of the Board of Directors (BD) of the National Bank of Romania (BNR), the Fiscal Council and the president of the National Audiovisual Council (CNA).

The National Bank of Romania (BNR) has a balanced approach to the adoption of the euro, BNR governor Mugur Isarescu said on Tuesday, mentioning that this requires a high real convergence, as well as keeping the pace after Romania joins the eurozone.