As an European Union (EU) Member State, Romania is subject and aligned to the EU common regulatory framework for … stronger prudential regulation. Given that a large part of Romania's banking system is owned by Eurozone banks, the Single … Supervisory Mechanism (SSM), as the home supervisor for Eurozone banks, is a key partner of the National Bank of Romania (NBR …

The comprehensive program supported by the IMF, the European Union, and the World Bank has helped Romania in … performance of Romania under the program and approved a waiver to maintain the reform momentum and provide additional security …

Romania has made significant progress in stabilization and reform. Executive Directors welcomed this development, and …

Romania’s GDP growth averaged more than 61⁄2 percent per year from 2003 to 2008, as foreign direct investment and … capital inflows helped finance high consumption and investment growth. The staff report for Romania’s request for a Stand … western European economies. The rapid increase in borrowing that fueled the boom left Romania highly exposed to global …

The 2007 Article IV Consultation explains Romania’s fiscal and income policies and financial sector issues. The …

The growth outlook remains weak and uncertain. Romania’s decision to rely primarily on expenditure cuts to close the …