BNR governor on wage rise: In wrong dose, medication can do more harm than good
Publicat:Romania's economic growth may be a reason for pride, but so far this has caused imbalances and all the measures taken in this electoral year, wage rises included, should be finely dosed because - just as in medicine - excess can do more harm than good, governor of the National Bank of Romania (BNR) Mugur Isarescu told a press conference on Friday.
He was asked if the 5.5 percent economic advance could be a reason of pride for Romania.
"Our judgment is as follows: as long as we can ensure real convergence, [the economic growth] is an asset, yet without imbalances. Sooner or…
Citeste articolul mai departe pe stiripesurse.ro…
Sursa articol: stiripesurse.ro
Stiri pe aceeasi tema
President Iohannis, Turkish VP Yilmaz address Middle East situation, bilateral economic cooperation
21:45, 26.04.2024 - President Klaus Iohannis on Friday evening received the Vice-President of the Republic of Turkey, Cevdet Yilmaz, who was on an official visit to Romania, in which context the two discussed the situation in the Middle East, the Presidential Administration informs in a press release sent to AGERPRES.
BNR, interested in drawing up in-depth economic studies on developments in construction field
18:50, 03.04.2024 - The situation in the construction sector can be considered an important indicator of the general economic state of the country, and the National Bank of Romania (BNR) is interested in drawing up in-depth economic studies and analyzes about the developments in this field, the governor of the National…
Ministry of Finance borrows over 1 billion RON from commercial banks, on Thursday
15:56, 28.03.2024 - The Ministry of Finance borrowed, on Thursday, 1.070 billion RON from commercial banks, through an issue of benchmark state bonds, with a residual maturity of 31 months and an average yield of 6.13% per year, according to data published by the National Bank of Romania (BNR), told Agerpres. The nominal…
Romania to have highest economic growth in Europe in 2024, based on investments, PM says
15:55, 26.03.2024 - Romania will have the "highest" economic growth in Europe this year, based on investments and not on consumption, prime minister Marcel Ciolacu said on Tuesday, when asked at the Government about a recent European Commission report that warns of " the too large budget deficit" registered by Romania.…
Ministry of Finance draws almost 1.28 billion lei from banks
20:35, 21.03.2024 - The Ministry of Finance (MF) borrowed on Thursday 1.279 billion lei from banks through a benchmark government bond issue with a residual maturity of 73 months and an average yield of 6.54% per annum, according to data published by the National Bank of Romania (BNR), told Agerpres. The nominal value…
Romania, among EU countries with strongest economic contraction in Q4 2023
14:11, 08.03.2024 - In Q4 2023, seasonally adjusted GDP remained stable in both the euro area and the EU, compared with the previous quarter, with Romania ranking among the member countries with the strongest quarterly economic contractions, according to an estimate published on Friday by Eurostat, the statistical office…
National Institute of Statistics revises economic growth in 2023 upwards, to 2.1 pct
11:15, 08.03.2024 - The National Institute of Statistics (INS) has revised economic growth in 2023 upwards to 2.1% and downwards to -0.5% for Q4, 2023, according to provisional data published on Friday. Thus, the Gross Domestic Product (GDP) estimated for Q4 2023, as seasonally adjusted data, stood at RON 415.906 billion…
Guvernatorul BNR Mugur Isarescu: Avem o problema fiscala majora și se duce și in deficit. Nici sa taiem cheltuieli, nici sa majoram impozite. De unde atunci?
09:26, 16.02.2024 - Pentru ca statul cheltuie peste ce aduna in vistierie, Romania are o problema uriașa cu deficitul bugetar, spune guvernatorul Bancii Naționale, Mugur Isarescu. Romanii nu vor nici taxe mai mari și nici ca statul sa-și reduca drastic cheltuielile. Problema deficitului este și motivul pentru care BNR…
se inchide automat in 30 secunde
