BNR Warns About Fiscal Policy Stance

10.15.2021 By Roxana Rosu

Romania’s central bank (BNR) warns about the Government’s fiscal policy stance, which is likely to jeopardize budget consolidation. Romania has a high budget deficit, which will be very difficult to curb, since the budget has high permanent expenditures, Romania’s central bank Board said during its monetary policy meeting on Friday, October 5.

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