The recent financial crisis and all unusual monetary and fiscal policy reactions have stressed the importance to be given to understand macroeconomic consequences of policy interventions and their interactions. This profound crisis has led to both nonstandard policy actions of various...

The economic crisis has stopped the Romanians consumerism momentum. The perspective of job loss, changes in exchange rate or the inflation made many people to be extremely cautious when contract a loan for fear they can not repay it. In this paper we intend a retrospective analysis of housing...

The paper analyses the effects of global financial crisis and presents some arguments that can contribute to mitigating the effects of economic and financial crisis, and therefore to maintaining the important role that the credit you have in supporting these efforts.