News » February, 2011 » 9 February 2011
Romania Should Focus On Supporting SMEs - Ctrl Bk Head
09.02.2011, 12:18 | Finance-Banks | 818 views
Romanian authorities can take lots of measures to support small and medium-sized enterprises, such as reducing bureaucracy and checkups, but also improving the business environment, central bank governor Mugur Isarescu said Wednesday. "Bureaucracy may cost a SME some important percentages of its turnover," Isarescu told a seminar. The authorities should loosen the excessive inspections on the SMEs, as these checkups do not reduce the underground economy. Read more on Mediafax.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...
|
|
