BNR's Radulescu: Romania has the lowest level of financial brokerage in the European Union

Romania has the lowest level of financial brokerage in the European Union, 50 per cent of the GDP, while the European average is of 200 per cent, the head of the Directorate for Financial Stability of the National Bank of Romania (BNR), Eugen Radulescu, told IFN Credit National Conference. "We are, by far, the country with the lowest level of financial brokerage. It stands somewhere below 50 per cent of the Gross Domestic Product. On top of us is Bulgaria, ...

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