- Mugur Isărescu
-
Acad Constantin Mugur Isărescu
Grand Cross and Sash ranks of the Order of the Star of RomaniaPrime Minister of Romania In office
16 December 1999 – 28 December 2000President Emil Constantinescu
Ion IliescuPreceded by Alexandru Athanasiu (Acting) Succeeded by Adrian Năstase Governor of the National Bank of Romania In office
September 1990 - 1994
1994 - 1998
1998 – 22 December 1999Preceded by Decebal Urdea Succeeded by Eugen Ghizari (ad interim) Incumbent Assumed office
28 December 2000 - 10 October 2004
10 October 2004 - 6 October 2009
6 October 2009Preceded by Eugen Ghizari (ad interim) Personal details Born 1 August 1949
Drăgăşani, RomaniaPolitical party Independent Alma mater Bucharest Academy of Economic Studies Mugur Isărescu (Romanian pronunciation: [ˈmuɡur isəˈresku]; born 1 August 1949) is the Governor of the National Bank of Romania. From 22 December 1999 to 28 November 2000 he served as Prime Minister. He is a member of the Romanian Academy.
Born in Drăgăşani, Vâlcea County, he graduated in 1971 from the Academy of Economic Studies of Bucharest. For the next 19 years, he worked for the Institute of International Economics.
After the Romanian Revolution of 1989, he worked for the Ministry of Foreign Affairs, then for the Romanian Embassy in the United States. In September 1990 he became Governor of the National Bank of Romania, a position that he has retained since (except for the short period when he served as Prime Minister).
On 16 December 1999 Isărescu was sworn in as Prime Minister of Romania, but only for about a year, since in November 2000, the ruling coalition lost the elections.
In November 2000 Isărescu ran for President of Romania but was soundly defeated, coming in fourth place and receiving 9% of the vote.
Thereafter, he returned to the National Bank of Romania for another term as Governor.
Although he served only one year as Prime Minister, Isărescu is considered[by whom?] to have started the reform process, continued later by Adrian Năstase and Călin Popescu-Tăriceanu. During his premiership, on February 15, 2000, Romania formally initiated negotiations with the European Union (a process started by the Romanian application in 1995 and European Commission approval on October 13, 1999[1]). As governor of the National Bank of Romania, Mugur Isărescu has coordinated Romania's economic policy since 1990, being considered by some[by whom?] the hidden Prime Minister of the country.
Isărescu managed in 15 years of leadership at the National Bank of Romania to create and maintain a mysterious aura around the policies of the National Bank[dubious ], and many[who?] pointed out that the agenda of the Bank remained independent from any Romanian Government. Many[who?] credit the National Bank team for saving Romania's economy from a Bulgarian-type collapse, raising the national gold and Euro reserves beyond needs, cutting down inflation to single-digit figures and introducing the New Leu.
He is a member of the Club of Rome, the Trilateral Commission and a Grand Cross and Sash ranks of the Order of the Star of Romania recipient.
In 2009, World Records Academy named him as the person with the longest head of a central bank.[2]
References
- ^ http://ue.mae.ro/index.php?lang=en&id=351
- ^ http://www.evz.ro/detalii/stiri/isarescu-a-intrat-in-cartea-recordurilor-859477.html
Political offices Preceded by
Alexandru Athanasiu
ActingPrime Minister of Romania
1999–2000Succeeded by
Adrian NăstasePolitical offices Preceded by
Decebal UrdeaGovernor of the National Bank of Romania
1990–1999Succeeded by
Eugen Ghizari
ActingPolitical offices Preceded by
Eugen Ghizari
ActingGovernor of the National Bank of Romania
2000–presentSucceeded by
incumbentPrime Minister Mugur IsărescuMinisters of State Ministers Valeriu Stoica (Justice) • Victor Babiuc/Sorin Frunzăverde (Defense) • Decebal Traian Remeş (Finance) • Ion Caramitru (Culture) • Nicolae Noica (Public Works) • Ioan Avram Mureşan (Agriculture) • Gábor Hajdú (Health) •
Petre Roman (Foreign Affairs) • Radu Berceanu (Industry and Commerce) • Smaranda Dobrescu (Labor) • Romică Tomescu (Environment) • Traian Băsescu/Anca Boagiu (Transport) • Constantin Dudu Ionescu (Interior) • Andrei Marga (Education) • Vlad Roşca (Public Office) • Crin Antonescu (Youth and Sport)Categories:- Prime Ministers of Romania
- Governors of the National Bank of Romania
- Grand Crosses of the Order of the Star of Romania
- People from Vâlcea County
- Romanian Academy
- Romanian economists
- Romanian presidential candidates
- Bucharest Academy of Economic Studies alumni
- Living people
- 1949 births
Wikimedia Foundation. 2010.