risks

Romania Ctrl Bk: Banks Will Seek Additional Guarantees After Personal Insolvency Law Adoption

The adoption of the personal bankruptcy law might force banks to require additional guarantees, which would restrict people's access to loans, Adrian Vasilescu, an adviser for the central bank governor, said Tuesday.

IMF: Romania’s Capacity To Repay Loan Is Strong, But There Are Risks

Romania’s capacity to repay the EUR12.95 billion loan from the International Monetary Fund is expected to be strong, but it depends upon the authorities' commitment to the program and their success in rebalancing the economy, the IMF said late Wednesday.