BNR: Government credit, over 6 percent higher in December 2011

The Government credit stood 6.3 percent higher in December 2011 at 69.815 billion lei (approximately 16.2 billion euros), the National Bank of Romania (BNR) announced on Wednesday.Compared with December 31, 2010, the Government credit increased by 13.8 percent (10.3 percent in real terms) in December 2011.The broad money (M3) (currency in circulation) at the end of December 2011 stood at 216.208 billion lei (approximately 50 billion euros).Compared with November ...

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