India

FinMin Teodorovici says amendments to Ordinance 114 based on BNR's data, endorsed by BNR

The latest amendments to the Ordinance 114 are based largely on the data submitted by the National Bank of Romania (BNR), an institution that has greenlighted the document in its current form, Finance Minister Eugen Teodorovici said Thursday after a meeting of the Economic and Social Council (CES). "I can tell you clearly that today, ROBOR is at over 3pct, 3.23pct the 3M ROBOR.

Premier's advisor Valcov: Gov't wants OUG No. 114 changed as little as possible

Darius Valcov, advisor to the Premier, said on Sunday evening that the government would want to change Emergency Ordinance No. 114/2018 as little as possible, and that as far as the banking system is concerned, the principles of this regulatory act will not be given up.

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