





Central Bank counselor: The Governor bets that Romania will not have a negative growth this year, despite the two quarters of contraction
According to Vasilescu, Romania is not in a difficult position, with all the banks still holding on, even though more cautious than before.
In his speech, Vasilescu said that the BNR governor, Mugur Isarescu, believes that Romania will end the year without a negative economic growth, even though the first two quarters of the year will end in contraction. The first priority, Vasilescu says, is to re-launch the exports, in order to gain some balance and help the gross domestic product.