Valentin Lazea (BNR): Romania should favour positive real interest rates

Romania should favour (through its monetary policy) the positive real interest rates, because it is a state which does not have an easy access to the foreign capital and the economy financing is provided by the banking sector in a 92 percentage, said chief-economist of the National Bank of Romania (BNR) Valentin Lazea on Monday during a conference held by the economy weekly Finantistii.Lazea believes that the model applied in the Anglo-Saxon markets of ...

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