National Bank of Romania
Romania continues monetary tightening
Central bank lifts interest rates by 25 basis points as inflation continues to bite
Romania orders first rate increase in more than three years
Central bank adds 25 basis points as energy prices bite, while Moldova continues tightening
Former prime minister joins Romanian central bank
Former PM and ex-lawmaker who supported governor’s reappointment are hired as consultants
ECB extends non-eurozone euro swap lines
Credit facilities set up at start of Covid-19 crisis will now run until March 2022, ECB says
Romanian central bank cuts rates as inflation falls
National Bank of Romania says inflation is below midpoint of target level
Romania cuts rates as rising Covid-19 cases hurt economy
Central bank says resurgent pandemic risks recovery and calls for more clarity on fiscal policy
ECB and Romanian central bank set up repo swap line
Romanian currency has fallen in recent months as central bank lowers rates in response to pandemic
FOMC discusses communication ‘escape clauses’
Fed might need “leeway” to deal with financial instability, some FOMC members say
People: Tombini to head BIS Americas office
Former Brazilian governor to implement new banking strategy; plus appointments in Europe
World’s longest-serving governor given further term
Mugur Isărescu, in office since 1990, will serve again after overcoming political hostility
National Bank of Romania resists the populists – for now
Veteran governor Mugur Isărescu has run a largely successful campaign to defend the central bank’s independence during a turbulent year
Romania’s Mugur Isarescu on independence in a ‘post-truth’ world
National Bank of Romania veteran governor speaks to Christopher Jeffery about the country’s shift to a market economy, challenges in the eurozone and independence in a ‘post-truth’ world
ECB criticises revised Romanian tax law
New proposals could harm banks and distort lending, ECB says
People: Zimbabwe governor given second term
Patterson steps down as Bank of Canada deputy governor; Romanian deputy becomes IMF rep
Developed world needs fiscal boost – Romanian deputy governor
Once wages recover pre-crisis level, inflation will rise fast, research finds
ECB says Romanian government breached EU law over bank tax
Governor again warns emergency tax decree could harm banks and damage monetary policy
Romanian central bank holds talks with government over tax dispute
National Bank of Romania rejects calls to abolish interbank rate
Romanian government escalates attacks on central bank
Social Democratic party and finance ministry says bank is failing obligation to protect currency
Romanian central bank governor says bank tax law is ‘nonsense’
Mugur Isărescu attacks “incomprehensible bomb” in latest dispute with government
Romanian ruling party leader accuses central bank of political bias
President rejects accusations that central bank is spreading “fake news” as inflation rises
Consultancy and advisory provider of the year (data and regulatory management): BearingPoint
BearingPoint’s expertise in data and reporting has informed a number of high-level bodies over the past year, including the Basel Committee and the IMF, following groundbreaking work in Austria
First Romanian policy hike in a decade
Central bank hikes policy rate for the first time since 2008, as inflation exceeds forecasts
People: Romanian deputy nominated; Belgium’s Dewatripont leaves central bank
Romania to soon have new deputy governor, pending parliamentary approval; National Bank of Belgium’s deputy Dewatripont leaves central bank; India creates CFO role; and more
Romanian deputy submits resignation following arrest
High court places Olteanu under 30-day house arrest; he resigns from post as deputy governor at National Bank of Romania following corruption allegations