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Libocor (BRD): the Romanians can buy less than one year ago, although the salaries have increased
The Romanians do not understand how they can buy less than one year ago, even if the salaries were increased,which make them the perfect target for populist threats,stated on Wednesday the head –economist of BRD Florian Libocor,at the conference ‘ The bank of the future’.
Libocor advised the Romanians to make the following calculation: how much bread they buy with the increased salary and how much bread they bought before this. Or how they could explain that the salary increased without doing anything more,without having produced any value unit more.
The bankers sent the government a warning: ‘ Be careful,as the same measure they use to measure, they will be measured with the same measure’.
In his turn, Adrian Vasilescu,consultant with BNR, present at the conference, said that the first who should understand the phenomenon are those who send,in their turn, the messages to the public.
The BNR counsellor explained how it could be clearly seen that country has been left with aged population and the inventive youth strong enough to work leave the country and never come back.
‘I hope that the increase of the salaries will have a beneficial effect immediately,as 3.5 million inhabitants have left Romania. And the people who left are those able to leave, the most inventive ones, the most courageous. They took their life in their own hands and they took to the road. We have to be careful ,as we are waiting for them to come back, but if we have a look at the statistics we see that in 2007 – 2008 they sent about 7-8 billion euro in the country, now they send under 5 billion euro. It is clear what has happened: they settled there,they took their children, they sent them to school there, they made medical insurances and what they send now is the result of a reflex and the worry for those left behind, who will never leave, namely parents, grand-parents, old people’ the BNR representative said.
According to Vasilescu, the fact that very many people in the countryside go abroad shows that we will have issues with the agriculture, but with the technical capital as well, keeping in mind the fact that there are reduced investments.