{"id":1898868,"date":"2026-04-21T21:00:00","date_gmt":"2026-04-21T18:00:00","guid":{"rendered":"https:\/\/analyse.optim.biz\/?p=1898868"},"modified":"2026-04-21T21:00:00","modified_gmt":"2026-04-21T18:00:00","slug":"avertisment-din-partea-presedintei-bce-guvernele-ar-putea-forta-mana-bancii-daca-sustinerea-legata-de","status":"publish","type":"post","link":"https:\/\/analyse.optim.biz\/?p=1898868","title":{"rendered":"Avertisment din partea pre\u015fedintei BCE: Guvernele ar putea for\u0163a m\u00e2na b\u0103ncii dac\u0103 sus\u0163inerea legat\u0103 de"},"content":{"rendered":"<p>[analyse_image type=&#8221;featured&#8221; src=&#8221;https:\/\/storage0.dms.mpinteractiv.ro\/media\/1\/1481\/22466\/23132665\/1\/bce-30055293-xl.jpghttps:\/\/storage0.dms.mpinteractiv.ro\/media\/1\/1481\/22466\/23132665\/1\/bce-30055293-xl.jpg&#8221;]<\/p>\n<div class=\"text-content\">\n<p> Banca Central\u0103 European\u0103 ar fi nevoit\u0103 s\u0103-\u015fi majoreze dob\u00e2nda de referin\u0163\u0103 mai mult dec\u00e2t ar fi \u00een mod normal cazul dac\u0103 guvernele vor fi prea generoase cu sprijinul pentru gospod\u0103riile care se confrunt\u0103 cu costuri mai mari legate de energie, a declarat pre\u015fedinta b\u0103ncii Christine Lagarde \u00een cadrul unui discurs rostit \u00een Berlin, relateaz\u0103 The Wall Street Journal.<\/p>\n<p> Nivelul sus\u0163inerii lansate de guverne pentru gospod\u0103rii este unul dintre factorii care va determina modul \u00een care scumpirea energiei va impacta infla\u0163ia \u015fi cre\u015fterea economic\u0103. Lagarde a avertizat guvernele s\u0103 nu se lanseze \u00een sus\u0163ineri prea generoase. \u201eAtunci c\u00e2nd sprijinul este extins la nivelul \u00eentregii distribu\u0163ii a veniturilor, sus\u0163ine cererea pe care firmele o pot folosi apoi pentru a transfera costuri mai mari, for\u0163\u00e2nd o \u00een\u0103sprire mai puternic\u0103 a politicii monetare\u201c, potrivit \u015fefei BCE. Lagarde a declarat de asemenea c\u0103 gama posibilelor efecte pe care conflictul din Orientul Mijlociu le-ar putea avea asupra economiei zonei euro este mai mare dec\u00e2t dup\u0103 izbucnirea r\u0103zboiului din Ucraina.<\/p>\n<p> \u00cen acest context, BCE are nevoie de date suplimentare \u00eenainte de a ajunge la concluzii definitive de politic\u0103, a indicat Lagarde, potrivit Reuters.<\/p>\n<p> Consecin\u0163ele economice ale conflictului nu au atins \u00eenc\u0103 nivelurile din scenariu advers al BCE, conform acesteia. Pre\u0163urile energiei au crescut luna trecut\u0103 din cauza r\u0103zboiului, \u00eens\u0103 strategii b\u0103ncii nu dispun \u00een prezent de dovezi concrete c\u0103 aceast\u0103 cre\u015ftere provoac\u0103 un efect secundar asupra pre\u0163urilor, un factor cheie \u00een decizia de a majora dob\u00e2nzile.<\/p>\n<p> Comentariile \u015fefei BCE, f\u0103cute cu mai pu\u0163in de dou\u0103 s\u0103pt\u0103m\u00e2ni \u00eenaintea \u015fedin\u0163ei din 30 aprilie, sunt a\u015fteptate s\u0103 sus\u0163in\u0103 a\u015ftept\u0103rile pie\u0163ei potrivit c\u0103rora o scumpire a creditului \u00een aprilie este pu\u0163in probabil\u0103, chiar dac\u0103 o astfel de decizie va deveni necesar\u0103 mai t\u00e2rziu.<\/p>\n<p> Vicepre\u015fedintele BCE Luis de Guindos a sugerat la r\u00e2ndul s\u0103u recent c\u0103 banca central\u0103 trebuie s\u0103-\u015fi men\u0163in\u0103 calmul \u015fi s\u0103 fie prudent\u0103 \u00een ceea ce prive\u015fte ajust\u0103rile de dob\u00e2nzi pe fondul nesiguran\u0163ei geopolitice.<\/p>\n<p> De\u015fi infla\u0163ia general\u0103 a urcat recent la 2,6% din cauza r\u0103zboiului din Iran, infla\u0163ia de baz\u0103 a continuat s\u0103 se modereze c\u0103tre \u0163inta de 2% (2,3% \u00een martie). Proiec\u0163iile BCE sugereaz o cre\u015ftere temporar\u0103 \u00een acest an din cauza conflictului, \u00eens\u0103 nimeni nu \u015ftie c\u00e2t va dura acesta.<\/p>\n<p> \u00a0<\/p>\n<\/div>\n<p>[analyse_source url=&#8221;https:\/\/www.zf.ro\/business-international\/avertisment-din-partea-presedintei-bce-guvernele-ar-putea-forta-mana-23132665&#8243;]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[analyse_image type=&#8221;featured&#8221; src=&#8221;https:\/\/storage0.dms.mpinteractiv.ro\/media\/1\/1481\/22466\/23132665\/1\/bce-30055293-xl.jpghttps:\/\/storage0.dms.mpinteractiv.ro\/media\/1\/1481\/22466\/23132665\/1\/bce-30055293-xl.jpg&#8221;] Banca Central\u0103 European\u0103 ar fi nevoit\u0103 s\u0103-\u015fi majoreze dob\u00e2nda de referin\u0163\u0103 mai mult dec\u00e2t ar fi \u00een mod normal cazul dac\u0103 guvernele vor fi prea generoase cu sprijinul pentru gospod\u0103riile care se confrunt\u0103 cu costuri mai mari legate de energie, a declarat pre\u015fedinta b\u0103ncii Christine Lagarde \u00een cadrul unui discurs rostit \u00een [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[89],"tags":[226,28],"class_list":["post-1898868","post","type-post","status-publish","format-standard","hentry","category-romania","tag-crawlmanager","tag-zf-ro"],"_links":{"self":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/1898868","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1898868"}],"version-history":[{"count":0,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/1898868\/revisions"}],"wp:attachment":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1898868"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1898868"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1898868"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}