Christine Lagarde: Towards the Next Era of Growth—Reforms and Rebalancing
Autor: Bancherul.ro
2014-06-10 09:55
Towards the Next Era of Growth—Reforms and Rebalancing
The International Economic Forum of the Americas
By Christine Lagarde
Managing Director, International Monetary Fund
Montreal, June 9, 2014
As prepared for delivery
Good afternoon. It is a great honor and privilege to receive the honorary award from the Université de Montréal. My special thanks to Rector Guy Breton for his eloquent remarks.
I would also like to thank Philippe Couillard and Gil Rémillard for their warm introduction.
It is a great pleasure to be here today in the company of such eminent leaders of the global community. For 20 years, the International Economic Forum of the Americas has served as a unique platform for galvanizing public and private opinions and expertise on issues topical to the continent.
As we gradually put the crisis behind us, we are inevitably confronted with how much the global landscape has changed and what this means for future growth. The crisis has uncovered some of the fallacies inherent in existing growth models, and left us with legacies that continue to weigh on global prospects.
So it is no surprise that policymakers ranging from Canada to China, Germany to Mexico are now revisiting the ingredients of their growth strategies. What will be the drivers of the next era of growth? How can we make the recovery stronger, more balanced, and more inclusive? One thing we know for sure: without bold policy actions, the world could slip into years of slow, sub-par and jobless growth.
Before sharing with you a few thoughts about the global economy, let me invoke the spirit of hockey, Canada’s national game. I know that this is a sensitive subject in Montreal coming so soon after Les Canadiens’ elimination from the Stanley Cup, but no doubt they will be back next year. With an unprecedented 24 championship wins, how could they not?
In hockey, there are three periods, and similarly today I will touch upon three themes. I promise not to go into overtime, and hopefully I will not end up in a penalty shoot out with John Micklethwait:
- First, a brief overview of the state of play of the global economy—a view from the top of the arena;
- Second, a tour de table of some key players; and
- Third, I would like to offer some thoughts on laying the foundations for the next era of growth—the theme for this year’s forum, and turn more specifically to Canada—how to drive the “puck into the goal”.
1. State of the Global Economy
Let me start with the global economy—the view from the top row of the rink. What do we see? Some encouraging signs.
The global economy is turning the corner on the Great Recession, and overall prospects are improving. Economic activity is gaining momentum, and despite a bumpy start earlier in the year, we expect an expansion of 3.6 percent in 2014 and 3.9 percent in 2015.
Advanced economies are finally strengthening, with growth expected to be about 2.3 percent this year, even though their recovery remains uneven.
Emerging market and developing economies will continue to provide the bulk of global growth, albeit at a slower pace than before. We still expect them to grow at a healthy clip of 5 percent this year and 5.4 percent next year.
This is good news. Even so, we can see three major concerns clouding the horizon.
First, in the advanced economies, there is the emerging risk of “low-flation,” particularly in the Euro Area. A prolonged period of low inflation can derail the incipient recovery—and suppress growth and jobs. The recent proactive stance by the ECB is very welcome, and we are encouraged that it is willing to do more if necessary.
Second, in emerging market economies, there is the risk of renewed market volatility and rising financial instability associated with monetary normalization in the U.S. Good communication among central banks is essential; and a continued strong focus on policy fundamentals in emerging markets also remains key.
Third risk: in various places around the world, geopolitical tensions are rising. If not well managed, for example, the situation in Ukraine could have broader spillover implications. Recent elections, however, provide a window of opportunity to make progress on essential reforms, including with Canada’s welcome financial support.
Beyond these concerns, of course, we still need to fix problems that have been with us for some time during the crisis: unacceptably high unemployment, especially among young people; high levels of debt in many countries; and the need to complete the financial reform agenda. Many countries also need to implement structural reforms to boost growth—particularly in labor and service markets and greater infrastructure investment. While there has been some progress in each of these areas, a lot of work remains to be done.
So my bottom line: global activity is gaining momentum, but the recovery remains fragile and uneven, and faces the twin enemies of complacency and fatigue.
2. Tour de Table of Key Players
So as I said, this is the view from the top of the arena. Let’s zoom in and get some ‘statistics’ on the key players.
In the United States—Canada’s major trading partner—growth in early 2014 has lost some of its earlier momentum, in part due to an exceptionally harsh winter—or what the Canadians would call “Spring”. That said, a meaningful rebound in U.S. economic activity is now underway, and we expect growth to exceed potential over the next few quarters, driven by robust private demand. In terms of challenges ahead, the withdrawal of monetary support by the Fed should continue to be carefully managed, and a durable medium-term fiscal plan agreed.
In Japan, underlying momentum is strengthening, supported by monetary policy and stronger investment. Yet, more ambitious structural reforms and a concrete medium-term fiscal plan are still needed for growth to be sustained.
The Euro Area is also emerging from recession, although growth is stronger in the core and weaker in the South. Europe has come a long way with profound changes to its economic architecture—it is critical now to follow through and complete the reforms, especially on banking union.
How about emerging market and developing economies?
They have been an important pillar of support to global activity during this crisis—the ‘playmakers’ of the world if you like. They continue to play that role.
Emerging Asia in particular remains a bright spot, pushing ahead with the world’s highest growth rate of around 6¾ percent in 2014-2015. A key driver of this ‘breakaway’ performance is China, which is forecast to grow at a slower but more sustainable pace of about 7½ percent in 2014, and 7 percent in 2015.
Another region that continues to “rise” is Sub-Saharan Africa—from which I have just returned. Many African countries have managed to weather the crisis well and sustain an expansion of around 5 percent per year on average—the second highest after Asia. With large untapped potential—both natural and human—the forecast is for this growth to continue. But as well as “rising,” Africa also needs to be “watching”: in some countries, rapid debt accumulation and erosion of fiscal space pose risks that need to be managed.
In Latin America, despite a modest acceleration in activity, growth is expected to remain in a lower gear—rising from 2½ percent in 2014 to 3 percent in 2015. Of course, growth dynamics vary widely across the larger economies: Mexico, for example, is expected to benefit from stronger U.S. growth, while in Brazil, low confidence seems likely to hold back investment and activity.
Finally, a word on the Middle East, another region I visited just recently. Even though the situation in several of those countries remains difficult, I was extremely encouraged by the spirit to build a better future. Working together with all partners—including the IMF—is clearly the way forward.
3. Canada—Policies for the Next Era of Growth
So where does our hockey game stand? I have talked about the view from the top of the arena; we have analyzed some of the moves of the key players. Which brings me to my third topic— the foundations of the next era of growth and the key elements of a strategy for “driving the puck into the goal”.
Clearly, the major challenge for all countries—including Canada—is to make growth stronger, more inclusive, and greener. These are difficult and complicated questions that policymakers are grappling with, and there are no one-size-fits-all solutions.
Across the world, many countries are trying to rebalance their economies toward more stable sources of growth—be it China, trying to rebalance away from investment toward consumption, or Germany trying to boost domestic sources of demand.
Canada is also rebalancing its economy from consumption and housing towards exports and business investment as key drivers of growth. Last year, and for the first time since 2001, the contribution of net exports to overall growth turned positive, but the performance of non-energy exports and investment remains weak.
Looking forward, we expect growth to pick up to about 2¼ percent in 2014, with the continued recovery in the U.S. boosting Canada’s exports and business investment. Policies should sustain the acceleration of activity—monetary policy supporting demand until the recovery is cemented, and fiscal policy striking the right balance between propping up growth and rebuilding fiscal space.
Moreover, Canada’s rebalancing is taking place alongside the transformation of the North American energy sector. It is seeing the contribution of its once dominant manufacturing sector shrinking, without having yet fully tapped the potential of its energy sector.
No doubt about it: the energy sector holds large prospects for Canada. Yet these prospects need to be unleashed. How? I see two priorities:
First, an expansion in transport infrastructure would allow Canada to tap into favorable growth dynamics in regions beyond North America, especially in Asia. A more open regime for inward foreign direct investment could help in easing infrastructure constraints. By some IMF estimates, full market access to Canada’s energy products could raise GDP by about 2 percent over a 10 year horizon.
Of course, we need to be watchful that such expansion is not to the detriment of the environment. We at the IMF have begun to look at this from a macroeconomic perspective, with energy prices taking center stage. That means making sure prices cover not only the direct costs of supplying energy but also the environmental externalities associated with production and use of fossil fuels – the waste water (which increases a variety of risks), and the broader side effects from vehicle use – congested roads, traffic deaths, and so on.
I am glad to say that, in some respects, Canada has been a pioneer in this area. But more could be done, both in Canada and in other countries, as we will emphasize in a book that is to be published in a few weeks.
The second priority is that growth in the energy sector needs to become more inclusive—its contribution to the economy broadened, and its benefits more widely shared. Stronger linkages between the energy sector and the broader economy can certainly help. Removing barriers to internal labor mobility and trade are important elements of this strategy—both to bring people with important skills to the areas where the jobs are, and to bring more jobs to people that are not living in the resource-rich areas. Productivity could also get a boost from these measures.
Moreover, actions on these fronts are important not only for the prosperity of the Canadian economy, but for the entire region. After all, it was the expansion in North American oil production that helped keep oil prices stable over the past three years, despite significant geopolitical disruptions in the Middle East and Africa.
So as the game wraps up, there are great prospects ahead for Canada to lift its potential and score the goal for the next era of growth ahead.
Conclusion
Let me conclude – hopefully I have stayed within regulation time.
Just as our 188 member countries have been changing in the face of the crisis, so has the IMF. In our three main lines of business—surveillance, capacity building and lending—we have made dramatic changes in the way we work. My message: this is not your father’s IMF.
This is not the place to go into detail, but I do want you to know that the IMF—even more than in the past—is focused on providing an effective forum for global economic and financial cooperation.
Why is cooperation important? As any hockey team can attest, team work is key.
If countries implement the right set of policies for their domestic welfare, the whole world will get to benefit. Indeed, in the context of the G20 meeting in Sydney, our estimates suggest that cooperative action can increase global output by 2 percent over the next five years. Reaping these benefits lies in working together in laying the foundations for the next era of growth.
This is something that Canada—a staunch supporter of multilateralism—knows well. In that context, let me underscore our appreciation of Canada’s commitment to the Fund and to multilateralism.
To paraphrase Lester B. Pearson, Canada’s former Prime Minister and winner of the Nobel Prize for his efforts in establishing the UN Peace Keepers: “We need action not only to end the crisis (fighting) but to make the peace”—that is, to make this recovery broad, strong, inclusive. One that lasts.
Thank you.
Comentarii
Adauga un comentariu
Adauga un comentariu folosind contul de Facebook
Alte stiri din categoria: Opinie
ING ramane singura dintre bancile romanesti care-si face corect reclama la credite
ING ramane singura dintre bancile romanesti care-si promoveaza corect dobanzile la credite, atat in cadrul reclamelor TV si online, cat si pe site-ul propriu sau in retelele sociale. Mai exact, ING nu spune ca acorda credite cu dobanda „incepand cu detalii
Cardurile devin inutile: acum se pot face plati instant gratis din aplicatiile bancare
Cardurile isi pierd treptat utilitatea, odata cu avansul noilor tehnologii pentru plati. Bancile romanesti au inceput sa implementeze platile instant din aplicatiile bancare, prin serviciul RoPay. Platile instant (care se fac in cateva secunde, la orice detalii
Au neglijat bancile securitatea pentru digitalizare?
Explozia fraudelor online poate fi considerata normala in conditiile dezvoltarii pe masura a digitalizarii si serviciilor bancare online. Dar ceea ce-mi da de gandit este usurinta cu care escrocii pot accesa o aplicatie bancara, pot face transferuri catre detalii
BRD isi lichideaza filialele din Romania. Va fi vanduta si banca?
BRD a cedat Bancii Transilvania firma de pensii private, BRD Pensii, iar compania de credite de consum, BRD Finance, este si ea in negocieri de vanzare, ceea ce alimenteaza zvonurile aparute la inceputul anului ca banca franceza are de gand sa-si vanda si banca din Romania. Mai ales ca detalii
- De ce permit bancile transferuri catre platforme de criptomonede prin care se fac fraude online?
- Banca Transilvania implineste 30 de ani
- De cand si cat de mult ar putea sa scada dobanzile in 2024?
- Ce responsabilitate au bancile in cazul fraudelor online?
- Creditele ipotecare ar putea creste in 2024, estimeaza Banca Transilvania
- Rambursarea ratelor la credite in Romania se face ca in celelalte tari din Europa; motoda propusa de ANPC este contrara interesului consumatorilor
- De ce ar majora bancile comisioanele pentru cash, daca se limiteaza cash-ul?
- Simona Halep, sustinuta in continuare de Banca Transilvania
- Romanii au incredere in banci ca le pot rezolva problemele, arata un sondaj
- Bancile sunt suspectate ca blocheaza accesul unor clienti la credite, prin scorul FICO al Biroului de Credit
Criza COVID-19
- In majoritatea unitatilor BRD se poate intra fara certificat verde
- La BCR se poate intra fara certificat verde
- Firmele, obligate sa dea zile libere parintilor care stau cu copiii in timpul pandemiei de coronavirus
- CEC Bank: accesul in banca se face fara certificat verde
- Cum se amana ratele la creditele Garanti BBVA
Topuri Banci
- Topul bancilor dupa active si cota de piata in perioada 2022-2015
- Topul bancilor cu cele mai mici dobanzi la creditele de nevoi personale
- Topul bancilor la active in 2019
- Topul celor mai mari banci din Romania dupa valoarea activelor in 2018
- Topul bancilor dupa active in 2017
Asociatia Romana a Bancilor (ARB)
- Băncile din România nu au majorat comisioanele aferente operațiunilor în numerar
- Concurs de educatie financiara pentru elevi, cu premii in bani
- Creditele acordate de banci au crescut cu 14% in 2022
- Romanii stiu educatie financiara de nota 7
- Gradul de incluziune financiara in Romania a ajuns la aproape 70%
ROBOR
- ROBOR: ce este, cum se calculeaza, ce il influenteaza, explicat de Asociatia Pietelor Financiare
- ROBOR a scazut la 1,59%, dupa ce BNR a redus dobanda la 1,25%
- Dobanzile variabile la creditele noi in lei nu scad, pentru ca IRCC ramane aproape neschimbat, la 2,4%, desi ROBOR s-a micsorat cu un punct, la 2,2%
- IRCC, indicele de dobanda pentru creditele in lei ale persoanelor fizice, a scazut la 1,75%, dar nu va avea efecte imediate pe piata creditarii
- Istoricul ROBOR la 3 luni, in perioada 01.08.1995 - 31.12.2019
Taxa bancara
- Normele metodologice pentru aplicarea taxei bancare, publicate de Ministerul Finantelor
- Noul ROBOR se va aplica automat la creditele noi si prin refinantare la cele in derulare
- Taxa bancara ar putea fi redusa de la 1,2% la 0,4% la bancile mari si 0,2% la cele mici, insa bancherii avertizeaza ca indiferent de nivelul acesteia, intermedierea financiara va scadea iar dobanzile vor creste
- Raiffeisen anunta ca activitatea bancii a incetinit substantial din cauza taxei bancare; strategia va fi reevaluata, nu vor mai fi acordate credite cu dobanzi mici
- Tariceanu anunta un acord de principiu privind taxa bancara: ROBOR-ul ar putea fi inlocuit cu marja de dobanda a bancilor
Statistici BNR
- Deficitul contului curent, aproape 20 miliarde euro după primele nouă luni
- Deficitul contului curent, aproape 18 miliarde euro după primele opt luni
- Deficitul contului curent, peste 9 miliarde euro pe primele cinci luni
- Deficitul contului curent, 6,6 miliarde euro după prima treime a anului
- Deficitul contului curent pe T1, aproape 4 miliarde euro
Legislatie
- Legea nr. 311/2015 privind schemele de garantare a depozitelor şi Fondul de garantare a depozitelor bancare
- Rambursarea anticipata a unui credit, conform OUG 50/2010
- OUG nr.21 din 1992 privind protectia consumatorului, actualizata
- Legea nr. 190 din 1999 privind creditul ipotecar pentru investiții imobiliare
- Reguli privind stabilirea ratelor de referinţă ROBID şi ROBOR
Lege plafonare dobanzi credite
- BNR propune Parlamentului plafonarea dobanzilor la creditele bancilor intre 1,5 si 4 ori peste DAE medie, in functie de tipul creditului; in cazul IFN-urilor, plafonarea dobanzilor nu se justifica
- Legile privind plafonarea dobanzilor la credite si a datoriilor preluate de firmele de recuperare se discuta in Parlament (actualizat)
- Legea privind plafonarea dobanzilor la credite nu a fost inclusa pe ordinea de zi a comisiilor din Camera Deputatilor
- Senatorul Zamfir, despre plafonarea dobanzilor la credite: numai bou-i consecvent!
- Parlamentul dezbate marti legile de plafonare a dobanzilor la credite si a datoriilor cesionate de banci firmelor de recuperare (actualizat)
Anunturi banci
- Cate reclamatii primeste Intesa Sanpaolo Bank si cum le gestioneaza
- Platile instant, posibile la 13 banci
- Aplicatia CEC app va functiona doar pe telefoane cu Android minim 8 sau iOS minim 12
- Bancile comunica automat cu ANAF situatia popririlor
- BRD bate recordul la credite de consum, in ciuda dobanzilor mari, si obtine un profit ridicat
Analize economice
- Inflația anuală a crescut marginal
- Comerțul cu amănuntul - în creștere cu 7,7% cumulat pe primele 9 luni
- România, pe locul 16 din 27 de state membre ca pondere a datoriei publice în PIB
- România, tot prima în UE la inflația anuală, dar decalajul s-a redus
- Exporturile lunare în august, la cel mai redus nivel din ultimul an
Ministerul Finantelor
- Datoria publică, 51,4% din PIB la mijlocul anului
- Deficit bugetar de 3,6% din PIB după prima jumătate a anului
- Deficit bugetar de 3,4% din PIB după primele cinci luni ale anului
- Deficit bugetar îngrijorător după prima treime a anului
- Deficitul bugetar, -2,06% din PIB pe primul trimestru al anului
Biroul de Credit
- FUNDAMENTAREA LEGALITATII PRELUCRARII DATELOR PERSONALE IN SISTEMUL BIROULUI DE CREDIT
- BCR: prelucrarea datelor personale la Biroul de Credit
- Care banci si IFN-uri raporteaza clientii la Biroul de Credit
- Ce trebuie sa stim despre Biroul de Credit
- Care este procedura BCR de raportare a clientilor la Biroul de Credit
Procese
- ANPC pierde un proces cu Intesa si ARB privind modul de calcul al ratelor la credite
- Un client Credius obtine in justitie anularea creditului, din cauza dobanzii prea mari
- Hotararea judecatoriei prin care Aedificium, fosta Raiffeisen Banca pentru Locuinte, si statul sunt obligati sa achite unui client prima de stat
- Decizia Curtii de Apel Bucuresti in procesul dintre Raiffeisen Banca pentru Locuinte si Curtea de Conturi
- Vodafone, obligata de judecatori sa despagubeasca un abonat caruia a refuzat sa-i repare un telefon stricat sau sa-i dea banii inapoi (decizia instantei)
Stiri economice
- Datoria publică, 52,7% din PIB la finele lunii august 2024
- -5,44% din PIB, deficit bugetar înaintea ultimului trimestru din 2024
- Prețurile industriale - scădere în august dar indicele anual a continuat să crească
- România, pe locul 4 în UE la scăderea prețurilor agricole
- Industria prelucrătoare, evoluție neconvingătoare pe luna iulie 2024
Statistici
- România, pe locul trei în UE la creșterea costului muncii în T2 2024
- Cheltuielile cu pensiile - România, pe locul 19 în UE ca pondere în PIB
- Dobanda din Cehia a crescut cu 7 puncte intr-un singur an
- Care este valoarea salariului minim brut si net pe economie in 2024?
- Cat va fi salariul brut si net in Romania in 2024, 2025, 2026 si 2027, conform prognozei oficiale
FNGCIMM
- Programul IMM Invest continua si in 2021
- Garantiile de stat pentru credite acordate de FNGCIMM au crescut cu 185% in 2020
- Programul IMM invest se prelungeste pana in 30 iunie 2021
- Firmele pot obtine credite bancare garantate si subventionate de stat, pe baza facturilor (factoring), prin programul IMM Factor
- Programul IMM Leasing va fi operational in perioada urmatoare, anunta FNGCIMM
Calculator de credite
- ROBOR la 3 luni a scazut cu aproape un punct, dupa masurile luate de BNR; cu cat se reduce rata la credite?
- In ce mall din sectorul 4 pot face o simulare pentru o refinantare?
Noutati BCE
- Acord intre BCE si BNR pentru supravegherea bancilor
- Banca Centrala Europeana (BCE) explica de ce a majorat dobanda la 2%
- BCE creste dobanda la 2%, dupa ce inflatia a ajuns la 10%
- Dobânda pe termen lung a continuat să scadă in septembrie 2022. Ecartul față de Polonia și Cehia, redus semnificativ
- Rata dobanzii pe termen lung pentru Romania, in crestere la 2,96%
Noutati EBA
- Bancile romanesti detin cele mai multe titluri de stat din Europa
- Guidelines on legislative and non-legislative moratoria on loan repayments applied in the light of the COVID-19 crisis
- The EBA reactivates its Guidelines on legislative and non-legislative moratoria
- EBA publishes 2018 EU-wide stress test results
- EBA launches 2018 EU-wide transparency exercise
Noutati FGDB
- Banii din banci sunt garantati, anunta FGDB
- Depozitele bancare garantate de FGDB au crescut cu 13 miliarde lei
- Depozitele bancare garantate de FGDB reprezinta doua treimi din totalul depozitelor din bancile romanesti
- Peste 80% din depozitele bancare sunt garantate
- Depozitele bancare nu intra in campania electorala
CSALB
- La CSALB poti castiga un litigiu cu banca pe care l-ai pierde in instanta
- Negocierile dintre banci si clienti la CSALB, in crestere cu 30%
- Sondaj: dobanda fixa la credite, considerata mai buna decat cea variabila, desi este mai mare
- CSALB: Romanii cu credite caută soluții pentru reducerea ratelor. Cum raspund bancile
- O firma care a facut un schimb valutar gresit s-a inteles cu banca, prin intermediul CSALB
First Bank
- Ce trebuie sa faca cei care au asigurare la credit emisa de Euroins
- First Bank este reprezentanta Eurobank in Romania: ce se intampla cu creditele Bancpost?
- Clientii First Bank pot face plati prin Google Pay
- First Bank anunta rezultatele financiare din prima jumatate a anului 2021
- First Bank are o noua aplicatie de mobile banking
Noutati FMI
- FMI: criza COVID-19 se transforma in criza economica si financiara in 2020, suntem pregatiti cu 1 trilion (o mie de miliarde) de dolari, pentru a ajuta tarile in dificultate; prioritatea sunt ajutoarele financiare pentru familiile si firmele vulnerabile
- FMI cere BNR sa intareasca politica monetara iar Guvernului sa modifice legea pensiilor
- FMI: majorarea salariilor din sectorul public si legea pensiilor ar trebui reevaluate
- IMF statement of the 2018 Article IV Mission to Romania
- Jaewoo Lee, new IMF mission chief for Romania and Bulgaria
Noutati BERD
- Creditele neperformante (npl) - statistici BERD
- BERD este ingrijorata de investigatia autoritatilor din Republica Moldova la Victoria Bank, subsidiara Bancii Transilvania
- BERD dezvaluie cat a platit pe actiunile Piraeus Bank
- ING Bank si BERD finanteaza parcul logistic CTPark Bucharest
- EBRD hails Moldova banking breakthrough
Noutati Federal Reserve
- Federal Reserve anunta noi masuri extinse pentru combaterea crizei COVID-19, care produce pagube "imense" in Statele Unite si in lume
- Federal Reserve urca dobanda la 2,25%
- Federal Reserve decided to maintain the target range for the federal funds rate at 1-1/2 to 1-3/4 percent
- Federal Reserve majoreaza dobanda de referinta pentru dolar la 1,5% - 1,75%
- Federal Reserve issues FOMC statement
Noutati BEI
- BEI a redus cu 31% sprijinul acordat Romaniei in 2018
- Romania implements SME Initiative: EUR 580 m for Romanian businesses
- European Investment Bank (EIB) is lending EUR 20 million to Agricover Credit IFN
Mobile banking
- Comisioanele BRD pentru MyBRD Mobile, MyBRD Net, My BRD SMS
- Termeni si conditii contractuale ale serviciului You BRD
- Recomandari de securitate ale BRD pentru utilizatorii de internet/mobile banking
- CEC Bank - Ghid utilizare token sub forma de card bancar
- Cinci banci permit platile cu telefonul mobil prin Google Pay
Noutati Comisia Europeana
- Avertismentul Comitetului European pentru risc sistemic (CERS) privind vulnerabilitățile din sistemul financiar al Uniunii
- Cele mai mici preturi din Europa sunt in Romania
- State aid: Commission refers Romania to Court for failure to recover illegal aid worth up to €92 million
- Comisia Europeana publica raportul privind progresele inregistrate de Romania in cadrul mecanismului de cooperare si de verificare (MCV)
- Infringements: Commission refers Greece, Ireland and Romania to the Court of Justice for not implementing anti-money laundering rules
Noutati BVB
- BET AeRO, primul indice pentru piata AeRO, la BVB
- Laptaria cu Caimac s-a listat pe piata AeRO a BVB
- Banca Transilvania plateste un dividend brut pe actiune de 0,17 lei din profitul pe 2018
- Obligatiunile Bancii Transilvania se tranzactioneaza la Bursa de Valori Bucuresti
- Obligatiunile Good Pople SA (FRU21) au debutat pe piata AeRO
Institutul National de Statistica
- Deficitul balanței comerciale la 9 luni, cu 15% mai mare față de aceeași perioadă a anului trecut
- Producția industrială, în scădere semnificativă
- Pensia reală, în creștere cu 8,7% pe luna august 2024
- Avansul PIB pe T1 2024, majorat la +0,5%
- Industria prelucrătoare a trecut pe plus în aprilie 2024
Informatii utile asigurari
- Data de la care FGA face plati pentru asigurarile RCA Euroins: 17 mai 2023
- Asigurarea împotriva dezastrelor, valabilă și in caz de faliment
- Asiguratii nu au nevoie de documente de confirmare a cutremurului
- Cum functioneaza o asigurare de viata Metropolitan pentru un credit la Banca Transilvania?
- Care sunt documente necesare pentru dosarul de dauna la Cardif?
ING Bank
- La ING se vor putea face plati instant din decembrie 2022
- Cum evitam tentativele de frauda online?
- Clientii ING Bank trebuie sa-si actualizeze aplicatia Home Bank pana in 20 martie
- Obligatiunile Rockcastle, cel mai mare proprietar de centre comerciale din Europa Centrala si de Est, intermediata de ING Bank
- ING Bank transforma departamentul de responsabilitate sociala intr-unul de sustenabilitate
Ultimele Comentarii
-
LOAN OFFER
Buna ziua Aceasta pentru a informa publicul larg că oferim împrumuturi celor care au nevoie de ... detalii
-
!
Greu cu limba romana! Ce legatura are cuvantul "ecosistem" din limba romana cu sistemul de plati ... detalii
-
Bancnote vechi
Am 2 bancnote vechi:1-1000000lei;2-5000000lei Anul ... detalii
-
Bancnote vechi
Numar de ... detalii
-
Bancnote vechi
Am 3 bancnote vechi:1-1000000lei;1-5000lei;1-100000;mai multe bancnote cu eclipsa de ... detalii