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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 …
Persistent link: https://www.econbiz.de/10012645492
KEY ISSUES Background: Romania has in large part reduced internal and external imbalances through sound macroeconomic … faster growth. At the same time, Romania remains vulnerable to external shocks and the repair of balance sheets is not yet …
Persistent link: https://www.econbiz.de/10011244167
, with risks to the outlook mostly on the downside. With strong trade and financial sector linkages, Romania is exposed to …
Persistent link: https://www.econbiz.de/10011244250
Nonobservance of Performance Criteria. Continued strong fiscal consolidation would enable Romania to exit the EU Excessive Deficit …. Market sentiment toward Romania improved as political uncertainty subsided in the aftermath of the December 2012 …
Persistent link: https://www.econbiz.de/10011244295
, Romania has made significant progress in reducing macroeconomic imbalances and rebuilding fiscal and financial buffers …. However, Romania remains vulnerable to external shocks, in particular uncertainties in the euro area as well as global …
Persistent link: https://www.econbiz.de/10011245005
This 2004 Article IV Consultation on Romania highlights commendable progress under its home-grown IMF-supported program …
Persistent link: https://www.econbiz.de/10011245065
This paper on Romania was prepared by a staff team of the International Monetary Fund as background documentation for … the views of the government of Romania or the Executive Board of the IMF. …
Persistent link: https://www.econbiz.de/10011245066
The paper discusses recommendations made in a fiscal transparency evaluation report for Romania. Seven recommendations …
Persistent link: https://www.econbiz.de/10011242691
Persistent link: https://www.econbiz.de/10011243222
Romania. Efforts are needed to strengthen monetary policy transmission. The banking system remains well capitalized, but the …
Persistent link: https://www.econbiz.de/10011243627