Isarescu: Major systemic risk is linked to strain on Romania's macroeconomic balance

The major systemic risk has to do with the strain on Romania's macroeconomic balance, and the solution is to gradually reduce the budget deficit towards achieving the Medium-Term Objective (MTO), as well as speeding up structural reforms, governor of Romania's National Bank (BNR) Mugur Isarescu on Wednesday told the conference on the presentation of the Financial Stability Report."The major systemic risk is related to the strain on Romania's macroeconomic balance. ...

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