Finance Ministry Puts Aside EUR6B For A Rainy Day

08.20.2013 By Claudia Medrega

The Romanian Finance Ministry has put aside a forex reserve of EUR6 billion, the so-called “fiscal buffer” needed to supply liquidity in case of new shortages on financial markets and if Romania cannot borrow at reasonable costs.

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Keywords:: Finance Ministry; , money; , fiscal buffer; , rainy day

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