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Mugur Isărescu

Romania not rushing on euro entry - report

Romania will resist European Central Bank advice to bring forward its target date for adopting the euro, opting instead for a more cautious path towards the single currency, the Financial Times reported Friday 2 March, citing central bank governor Mugur…

Romania's Isarescu on inflation targeting

In a speech on 'Inflation targeting - international experience and Romania's prospects' given on 30 March (published 26 April), Mugur Isarescu of the National Bank of Romania said Romania is in a good position to pursue disinflation by adopting an…

Romanian c bank announces increased reserves steps

The National Bank of Romania will increase its reserves to strengthen Romania's credibility on foreign markets and to create the conditions for a further improvement of the country's credit ratings, BNR Governor Mugur Isarescu said, according to the…

Isarescu agrees to Romania fin supervisory council

BNR governor, Mugur Isarescu on Jan. 30, 2001, stated he agreed with the idea of founding a banking supervising council outside the authority of the central bank. He told InfoPro that banking supervision has been so far "the weak point of BNR", reported…

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