Romania May Need to Raise Interest Rates Later in Year, IMF?s Frank Says
Romania?s central bank may have to raise interest rates this year to counter possible energy-price increases, said Jeffrey Franks, the International Monetary Fund?s mission chief for the country.
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Nine O'Clock
Central Banks Lucian Croitoru says interest rates for loans remain high also because of banking systems inefficiency.
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Hungary, Romania Reduce Key Rates After Risk Premium Declines (Bloomberg)
March 29 (Bloomberg) -- Hungary and Romania cut the two highest benchmark interest rates in the European Union to record lows to steer their economies toward growth as concern about Greek contagion ebbed.
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