Mugur Isarescu, governor of the National Bank of Romania, speaks to Kit Gillet about the pandemic, key recent developments for Romania’s banking sector and the outlook for the period ahead.
Central & eastern Europe
Latest articles from Romania
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Romania gears up for another challenging year
April 27, 2022For eastern European economies like Romania, the unsettled times continue. The pandemic took hit economic growth and now the war in nearby Ukraine, coupled with high energy prices and rising inflation, could lead to renewed challenges.
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Romanian banks brace for uncertain 2022
April 21, 2022Last year was the most profitable year on record for Romanian banks, but this year is set to be different.
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Are Romanian banks prepared for an economic slowdown?
October 1, 2019Having strengthened their balance sheets, Romanian banks are hopeful they can withstand stresses such as an economic slowdown and government plans over tax and pensions.
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How will Romania achieve its eurozone goal?
March 1, 2018Despite strong GDP growth and increased market confidence, Romania still has economic improvements to make before it is in any shape to join the euro. Nick Kochan reports.
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Romanian CBG seeks better growth balance
March 1, 2018Mugur Isarescu, governor of the National Bank of Romania, talks to Nick Kochan about boosting exports and bringing down levels of non-performing loans.
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Walking away: anti-bank politics in eastern Europe
August 1, 2016In the aftermath of the global financial crisis, populist politicians in central and eastern Europe realised that struggling homeowners could be their new powerbase. Lenders are facing a potential onslaught of unwelcome government intervention in the banking sector, though there could be a silver lining. Stefanie Linhardt reports.
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Romania’s minister of public finance puts transparency first
August 1, 2016With only a few months to go before the country’s elections, Romanian minister of public finance Anca Dana Dragu talks to Stefanie Linhardt about her ministry’s tax and infrastructure plans.
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Bucharest Stock Exchange: the quest for liquidity
August 1, 2016Bucharest Stock Exchange lacks only liquidity to move from 'frontier' to 'emerging' market status. And, as Stefanie Linhardt discovers, a partnership with the pan-south-eastern European trading platform SEE Link could help the Romanian bourse get there.
New bill puts Romania’s mortgage lenders under pressure
July 20, 2016At the end of April, Romania’s parliament approved a bill allowing borrowers to walk away from their mortgage debts. The Banker looks at mortgage holdings of the largest banks in the country.