Central Banking

Romania PM to return to c.bank, pressure to resign

Romania's outgoing Prime Minister Mugur Isarescu said on Tuesday he would return to his former job as governor of the central bank (BNR) despite opposition from the new government. "I will act in line with the law," Isarescu told reporters on the sidelines of an economic seminar.

When nominated as a stop-gap premier in a political crisis a year ago, Isarescu secured special legislation from parliament allowing him to return to the bank when he left politics. Deputy governor Emil Ghizari has si

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