JURIDICAL REGIME OF THE INTEREST IN THE ROMANIAN LAW. PARTICULAR CASE. COMPARISON BETWEEN THE REGULATIONS OF THE REMUNERATORY INTEREST VERSUS THE PENALIZING INTEREST, IN THE ROMANIAN BANKING LAW

Silvia Cristea

Perspectives of Law and Public Administration, 2015, vol. 4, issue 1, 121-128

Abstract: The analysis of a case where the rate of the conventional interest is not specified made me investigate what is the maximal limit that can be obtained in this case, under the regulation in force, in the Romanian law (sect.1)! To formulate a solution, I considered as necessary to analyze : the provision on the moratory damages (according to the Roman Civil Code) and the putting of the debtor in default, in order to know what is the date starting from which the moratory damages are calculated (according to the Roman Civil Code)-sect.2; the juridical regime of the interest (according to the Roman Bankin Law)-sect.3;comparison between the remuneratory interest and the penalizing interest (according to the Roman Banking Law)-sect.4; solution for the case and conclusions-sect.5.

Keywords: legal interest; remuneratory interest; penalizing interest; banking law (search for similar items in EconPapers)
JEL-codes: K12 K22 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:sja:journl:v:4:y:2015:i:1:p:121-128

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