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NBR Governor Mugur Isărescu says Romania is not in recession, but there are risks. The economic situation has improved, but it depends on the fiscal program.

Ana-Maria Tapescu
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12 August 2025, 10:53
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Current Affairs
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NBR governor Mugur Isărescu said Romania is not in recession by standard definitions, although risks are present. He pointed to improvements on the monetary side, with restored reserves and a stable exchange rate. Isărescu noted that economic developments depend on the continuation of the fiscal program to maintain the country's credibility. His forecast suggests economic growth of 0-1% over the next 12 months, dependent on the absorption of European funds.

Sources

sursa imagine
Mediafax
Guvernatorul BNR despre recesiune: Nu suntem în recesiune, dar există acest risc
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Observator news
Isărescu explică saltul inflaţiei: În septembrie, vârf de 9,7%. Nu suntem în recesiune, dar există acest risc
sursa imagine
News.ro
Isărescu: Dacă vrem să evităm recesiunea, este esenţială o accelerare a absorbţiei fondurilor europene. BNR estimează o inflaţie de 8,8% pentru acest an şi ”un vârf de 9,7%” în septembrie
sursa imagine
Capital
Mugur Isărescu avertizează: Fără bani europeni, riscul de recesiune crește. Impactul măsurilor fiscale, calculat de BNR
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Libertatea
Mugur Isărescu a anunțat vârful inflației în 2025 și a explicat cum poate fi evitat pericolul recesiunii în România
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Ziare.com
România, aproape de recesiune. Isărescu îi dă sfaturi lui Bolojan: "Este esenţială o accelerare a absorbţiei fondurilor europene"
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psnews.ro
Isărescu: Dacă vrem să evităm recesiunea, este esenţială o accelerare a absorbţiei fondurilor europene
sursa imagine
Financial Intelligence
Isărescu: Dacă vrem să evităm recesiunea, este esenţială o accelerare a absorbţiei fondurilor europene. BNR estimează o inflaţie de 8,8% pentru acest an şi ”un vârf de 9,7%” în septembrie
sursa imagine
NewMoney.ro
Isărescu: Dacă vrem să evităm recesiunea, este esenţială o accelerare a absorbţiei fondurilor europene. Vârful inflaţiei – 9,7%

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