Croitoru: Confidence in sovereign bonds is paramount to overcoming crisis

The key priority for overcoming the crisis is to restore confidence in sovereign bonds; this can also help keep in leash the size of the public debt, Lucian Croitoru, advisor to the governor of the National Bank of Romania (BNR), on Wednesday told a finance - banking conference.'I think that right now the euro area has entered a vicious circle because of the rising economic problems that interact with the rather frail financial sector. Despite some reform steps, banks remain ...

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