News » November, 2013 » 9 November 2013
Fiscal solution reached is balanced, says BNR Governor Mugur Isarescu
09.11.2013, 09:05 | Finance-Banks | 1284 views
The solution concerning the fiscal measures reached is a balanced one from the dosage point of view, National Bank of Romania (BNR) Governor Mugur Isarescu said on Thursday. ‘In taxation, too, dosage is important. The dosage among various measures, as well as a certain dosage between cutting expenses or not accepting expense increases and increasing taxes, and this thing is to be discussed, I believe dosage, if you ask me as economist, is more important than the measures as such. Compared with other alternatives, and you can discuss these with those of Finance, because they had several alternatives there, compared with other alternatives I have also heard, I do not find the dosage reached as being the worst dosage. There are not easy decisions, though. This is what you need to understand,’ Isarescu said when asked if the taxation-related measures were to negatively affect economy. Read more on Financiarul.ro
|
Latest news in category Finance-Banks
NBR governor Mugur Isărescu apparently ignores the fact that banks are refusing to negotiate with their customers and insists, after the passing of the law of giving in payment, that the parties of the loan agreement should negotiate: "Negotiation is the basis of the functioning of the market economy, in the European Union, because that is where we are living. Romania was and has been a loyal partner to the European project and we should not forget that". read more...
The European Central Bank (ECB) pursues its mandate and defends its independence, according to statements of the president of the institution, Mario Draghi, who responded yesterday, to some criticisms coming from several German officials concerning the lax monetary policy of the ECB. read more...
The British pound yesterday saw the biggest decline against the dollar since March 2009, after London mayor Boris Johnson, one of the most popular politicians in the country, said he would start a campaign in favor of the United Kingdom leaving the European Union (Brexit) in the referendum scheduled in June. read more...
|
|