The City Managerand Vice-Mayor of Alba Iulia Municipality, Nicolaie Moldovan and Voicu Paul, and the World Bank Country Manager for Romania, Elisabetta Capannelli, today launched a technical assistance project forassessing Alba Iulia’s long-term plans, strategies, and projects for the 2014-2020 programming period, said the bank in a statement.The World Bank will provide technical assistance tothe Municipality of Alba Iulia to establish a prudent margin for future capital expenditures, to help identify key priority projects that could be financed within this programming period and to provide recommendations on improved institutional set-up for more efficient project management.“The World Bank is delighted to provide technical assistance for the Assessment of the Long-Term Development Plans, strategies, and projects for the Municipality of Alba Iulia and to engage at the sub-national level. Alba Iulia is a best practice example in the implementation of EU-funded projects. It has absorbed over 150... detalii
IMF Press Statement:Today, Mr. Guillermo Tolosa, IMF Regional Representative for Romania and Bulgaria has issued the following statement:“Teams from the IMF and European Commission are holding meetings with the Romanian... detalii
The European Banking Authority (EBA) published today its sixth report of the Basel III monitoring exercise on the European banking system, said EBA in a statement.This exercise, run in parallel with the one conducted by the Basel Committee on Banking Supervision (BCBS) at a global level, allows the gathering of aggregate results on capital, liquidity (liquidity coverage ratio (LCR) and net stable funding ratio (NSFR)) and leverage ratios for banks in the European Union (EU).The exercise monitors the impact of the transposition of the Basel III requirements in the EU. In particular, it monitors the impact of fully-implemented CRDIV/CRR on capital and RWAs, and the impact of full implementation of the Basel III framework on liquidity (LCR and NSFR) and leverage ratios using data as of December 2013 under a static balance sheet assumption. Results show that the Common Equity Tier 1 capital ratio (CET1)... detalii
Sentințele judecătorești care schimbă prevederile unui contract de credit care exprimă voința părților nu ajută la redresarea creditării, a declarat joi președintele Asociației Române a Băncilor (ARB), Radu Ghețea, referindu-se... detalii