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Mugur Isarescu

Type: Person

Name: Mugur Isarescu (Mugur ISARESCU, Mugur Isărescu)

Title: Governor

Organization: National Bank of Romania

Date of Birth: 01/08/1949

Place of Birth: Dragasani, Valcea County

Nationality: Romania

Fact Sheet: Biography for Mugur Isarescu

First reported May 20 2013 - Updated May 20 2013 - 1 reports

Victor Ponta

INSCOP poll: Isarescu and Ponta, most suitable for president

Powered by Max Banner AdsThe Governor of the National Bank of Romania, (BNR) Mugur Isarescu and Prime Minister Victor Ponta are the personalities with the highest confidence among Romanians, being also seen as best choices for president of Romania, according ... [Published Nine O'Clock - May 20 2013]

Entities: Mugur Isarescu, Victor Ponta, Corneliu Vadim Tudor, Theodor Stolojan

First reported May 20 2013 - Updated May 20 2013 - 1 reports

European Union

Current economic crisis in the EU will be overcome, Isarescu says

Powered by Max Banner AdsThe Governor of the National Bank of Romania, Mugur Isarescu, said in Sibiu on Friday that the current crisis in Europe was ‘a growth crisis’, expressing his hope that it would be overcome and saying that he was not ‘one of those ... [Published Nine O'Clock - May 20 2013]

Entities: Mugur Isarescu, European Union, Sibiu (Romania)

First reported May 10 2013 - Updated May 10 2013 - 1 reports

The National Bank of Romania has revised downwards its inflation forecast from 3.5 to 3.2%-

The National Bank of has revised downwards its inflation forecast from 3.5 to 3.2%. According to the National Bank Governor, Mugur Isarescu, is likely to meet the inflation target of 2.5% in September. In March reported the highest annual inflation rate ... [Published Balkans.com - May 10 2013]

Entities: Mugur Isarescu, National Bank of Romania, Inflation, excision, Commercial Banks

First reported May 08 2013 - Updated May 09 2013 - 4 reports

Romania forecasts lower than expected inflation for 2013

Romania InsiderTo get in touch with our editorial team, email editor@romania-insider.com.The inflation prognosis for Romania is down by 0.3 percentage points, to 3.2 percent for this year, according to the most recent estimate from the country’s Central ... [Published Romania Business Insider - May 08 2013]

Entities: Romania, Inflation, Mugur Isarescu

First reported May 08 2013 - Updated May 08 2013 - 1 reports

BNR cuts 2013 inflation forecast from 3.5 pc to 3.2 pc

According to Central Bank governor Mugur Isarescu, the downward trend is driven by fuels and volatile products like tobacco and alcohol.The National Bank of Romania (BNR) announced that it lowered the inflation forecast for this year from 3.5 pc to 3.2 ... [Published Nine O'Clock - May 08 2013]

Entities: Mugur Isarescu, Inflation, National Bank of Romania, Tobacco

First reported May 05 2013 - Updated May 05 2013 - 1 reports

Mugur Isarescu

Romania?s Central Bank announces streak of key interest rate reductions on back of lower than expected inflation

Romania will enter a period of key interest rate reduction starting from the next monetary policy meeting of the country’s Central Bank BNR board, which will be held at the beginning of July, according to BNR governor Mugur Isarescu. This is a first coming ... [Published Romania Business Insider - May 05 2013]

Entities: Romania, Mugur Isarescu, Inflation

First reported May 03 2013 - Updated May 03 2013 - 1 reports

International Monetary Fund

Romania's Central Bank maintains benchmark rate after inflation eases-

's central bank maintained its benchmark interest rate at 5.25% on May 2, but a fall in inflation in March indicates that a series of rate cuts are likely later this year.The Banca Nationala a Romaniei announced May 2 that it is keeping the benchmark ... [Published Balkans.com - May 03 2013]

Entities: Mugur Isarescu, Inflation, Rate Cut, International Monetary Fund, Reference Rate

First reported May 03 2013 - Updated May 03 2013 - 1 reports

Romanian currency reached the highest exchange rate against the euro-

Early this week the n currency reached the highest exchange rate against the euro of the past 16 months. According to dealers, the appreciation is fuelled by the currency sales of foreign players, who bought state securities in lei. The central bank governor ... [Published Balkans.com - May 03 2013]

Entities: Mugur Isarescu, Nicolae Ceauşescu, At The Money

First reported May 02 2013 - Updated May 02 2013 - 1 reports

Bonds firm after ECB rate cut

By South African bonds were firm in afternoon trade on Thursday after the European Central Bank (ECB) cut its refinance rate by 25 basis points to a record low 0.5%.“We moved following the ECB rate cut as that has led to speculation that other central ... [Published JSE Securities Exchange - May 02 2013]

Entities: Rate Cut, European Central Bank, Mugur Isarescu

First reported May 02 2013 - Updated May 02 2013 - 1 reports

UPDATE 2-Slowing inflation opens way for Romania rate cuts

* Central bank says rate-cutting cycle now starting* Keeps main interest rate at 5.25 pct for ninth meeting* Inflation to slow within target in second half(Adds central bank on rate cuts, inflation, analyst)BUCHAREST, May 2 (Reuters) - Romania's central ... [Published CNBC - May 02 2013]

Entities: Inflation, Rate Cut, Mugur Isarescu, Romania

First reported May 02 2013 - Updated May 02 2013 - 2 reports

Romania may cut rates sooner than agreed with IMF

BUCHAREST, May 2 (Reuters) - Romania's central bank may cut interest rates sooner than it had agreed with the International Monetary Fund, its governor Mugur Isarescu said on Thursday.Isarescu said Romania's IMF deal states the central bank will cut rates ... [Published CNBC - May 02 2013]

Entities: Mugur Isarescu, International Monetary Fund, Romania

First reported May 02 2013 - Updated May 02 2013 - 2 reports

Romania Holds EU’s Highest Rate Ninth Time on Inflation

Romania’s central bank kept its main interest rate unchanged for a ninth meeting, holding back from making a reduction as it waits for the European Union’s highest inflation rate to fall closer to its target.The Banca Nationala a Romaniei left the benchmark ... [Published Bloomberg - May 02 2013]

Entities: Romania, European Union, Inflation

Quotes

"We have relatively good news about price developments," Governor Mugur Isarescu told reporters. "we now see inflation on a downward path, one more pronounced that previously expected."

UPDATE 1-Romania central bank cuts 2013 inflation forecast [Published Reuters - May 08 2013]

...The leu's 3 percent rise against the euro this year - which Isarescu said was "pronounced but not exaggerated" - may also give the central bank, which targets inflation in a band of 1.5-3.5 percent, space to ease policy. 2013-05-08 10

Romania central bank cuts 2013 inflation forecast [Published Sharenet - May 08 2013]

..."Our message is: we'll start a cycle that we hope we won't have to interrupt," the bank's governor Mugur Isarescu told journalists in Bucharest. "this cycle will include several sessions of reductions of the monetary policy rate." Isarescu cited factors such as the impact of poor weather on 's agriculture sector that could disrupt a rate cutting cycle...

Romania's Central Bank maintains benchmark rate after inflation eases- [Published Balkans.com - May 03 2013]

"we will start a cycle ... of several monetary policy rate cuts. we will not stay isolated from the rest of europe‚" Isarescu said

Bonds firm after ECB rate cut [Published JSE Securities Exchange - May 02 2013]

More Content

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INSCOP poll: Isarescu and Ponta, most suitable ... [Published Nine O'Clock - May 20 2013]
Current economic crisis in the EU will be overc... [Published Nine O'Clock - May 20 2013]
Stratfor's Friedman: Romania should build a rel... [Published Bsanna News - May 17 2013]
Romania should report a 1.4 percent economic gr... [Published Balkans.com - May 13 2013]
The National Bank of Romania has revised downwa... [Published Balkans.com - May 10 2013]
Romania central bank cuts 2013 inflation forecast [Published Budapest Business Journal - May 09 2013]
BNR cuts 2013 inflation forecast from 3.5 pc to... [Published Nine O'Clock - May 08 2013]
Romania forecasts lower than expected inflation... [Published Romania Business Insider - May 08 2013]
Romania Lowers 2013 Inflation Forecast in Boost... [Published Bloomberg - May 08 2013]
UPDATE 1-Romania central bank cuts 2013 inflati... [Published Reuters - May 08 2013]
Romania central bank cuts 2013 inflation forecast [Published Sharenet - May 08 2013]
Romania?s Central Bank announces streak of key ... [Published Romania Business Insider - May 05 2013]
Romania's Central Bank maintains benchmark rate... [Published Balkans.com - May 03 2013]
Romanian currency reached the highest exchange ... [Published Balkans.com - May 03 2013]
Bonds firm after ECB rate cut [Published JSE Securities Exchange - May 02 2013]
UPDATE 2-Slowing inflation opens way for Romani... [Published CNBC - May 02 2013]
Romania may cut rates sooner than agreed with IMF [Published CNBC - May 02 2013]
Romania central bank says starting rate cutting... [Published CNBC - May 02 2013]
Romania may cut rates sooner than agreed with IMF [Published XE - May 02 2013]
Romania Holds EU’s Highest Rate Ninth Time on I... [Published Bloomberg - May 02 2013]
Romania Seen Leaving Rates on Hold as CPI Above... [Published Bloomberg - May 02 2013]
Parliament validates members of ASF Council [Published Nine O'Clock - Apr 25 2013]
Romania finds solution for Bank of Cyprus unit [Published Reuters - Apr 23 2013]
President Basescu – more appreciative on Ponta,... [Published Nine O'Clock - Apr 14 2013]
Romania Press Review – March 14, 2013 [Published Balkan Insight - Mar 14 2013]
Biography for Traian Basescu [Published Silobreaker - Nov 22 2009]
Biography for Ionel Popescu [Published Able2Act - Dec 11 2007]
Biography for Mugur Isarescu [Published Able2Act - Nov 20 2007]
Biography for Traian Basescu [Published Able2Act - May 27 2005]

Blogs

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Romania Press Review – March 14, 2013 [Published Balkan Insight - Mar 14 2013] Two judges detained for taking bribes, The food-safety chief resigns, Mugur Isarescu is Romania's most trusted politician ...