Romania
Romania makes half-point cut
Romanian central bank lowers cost of borrowing despite above-target inflation
Romania cuts by 50 basis points
National Bank of Romania lowers policy rate to the lowest level in more than a year to ease recession impact
National Bank of Romania - Annual Report 2007
Two-thousand-and-seven was a challenging year for Romanian economy, the country's central bank notes in its latest Annual Report.
IMF to loan Romania $17.5 billion
The International Monetary Fund (IMF) has agreed a $17.5 billion loan to Romania to cushion the rapid withdrawal of capital from the eastern European economy.
CEE regulators condemn stability "misperceptions"
Six central and eastern European regulators on Wednesday jointly attacked the recent coverage of their economies, labelling it misleading, oversimplified and potentially harmful.
Romania wants to accelerate euro adoption
Bucharest is looking in to adopting the euro before the current target of 2014 in order to more closely link Romania's economy with other members of the European Union.
Eastern Europe counters currency attacks
Four eastern European central banks have made a coordinated effort to bolster their currencies, saying recent sharp depreciations fail to reflect economic fundamentals.
Romania's Isarescu on euro adoption
Romania's objective of joining the euro area in 2014 is within reach, said Mugur Isarescu, the governor of the National Bank of Romania.
On to the euro: Romania's Annual Report
The National Bank of Romania's Annual Report for 2007 marked the end of one era as the country joined the European Union and the start of a new one as the country prepares to join the euro.
Romania hikes for fourth-straight month
The National Bank of Romania has hiked rates by a quarter-point to a fresh three-year high despite the central bank's governor claiming less than a fortnight ago that rates were high enough.
Romanian rates high enough: governor
Mugur Isarescu, the governor of the National Bank of Romania, said on Wednesday that rates were high enough to tackle inflation.
Romania raises rates to 9.5%
The National Bank of Romania hiked rates by half a percentage point for the third straight month as inflation hit 8%.
Romania raises rates by 100 basis points
The National Bank of Romania surprised markets on Monday by raising its benchmark rate a full percentage point to 9%.
Romania hikes rates to 8%
The National Bank of Romania's rate-setting board on Monday voted to raise the benchmark monetary policy rate by 50 basis points to 8%.
Poland set to join ERM II in 2009, says Skrzypek
Slawomir Skrzypek, the governor of the National Bank of Poland, said the country looked likely to join the pre-euro exchange rate mechanism, ERM II, in 2009.
Poland and Romania hold rates
The central banks of Poland and Romania decided on Thursday to leave their benchmark rates unchanged at 4.75% and 7% respectively.
National Bank of Romania - Annual Report 2006
The National Bank of Romania spent 2006 preparing for accession to the European Union at the start of 2007.
Balkan central banks agree on regulation framework
The central banks of six Balkan countries and Cyprus on Friday have agreed on a framework of regional cooperation to improve banking supervision, streamline operations and help fight money laundering and the financing of terrorism.
IMF: Romania Article IV consultation
The IMF on 25 June released the staff report and public information notice regarding the conclusion of its Article IV consultation with Romania. The Fund projected 7% (baseline) growth of real GDP in 2007, down from 7.7% (preliminary estimate) in 2006.
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…
Paper on central bank interventions
The December 2006 Working Paper "Central bank interventions, communication and interest rate policy in emerging European economies" analyses the effectiveness of foreign exchange interventions in Croatia, the Czech Republic, Hungary, Romania, Slovakia…
National Bank of Romania - Annual Report 2005
According to the National Bank of Romania's Annual Report 2005, the year 2005 stands out by the numerous challenges the National Bank had to deal with in formulating and implementing its monetary policy.
Romanian central bank confident of inflation drop
The Romanian central bank said Wednesday 16 August it is confident of a drop in inflation, while promising to maintain its cautious approach to monetary policy, guarding against the possibility of inflation rising again.
ECB paper on financial stability challenges
The ECB Occasional Paper 'Macroeconomic and financial stability challenges for acceding and candidate countries' reviews macroeconomic and financial stability challenges for acceding (Bulgaria and Romania) and candidate countries (Croatia and Turkey).