Mugur Isarescu's Advisor Warns: "We Are on the Edge of the Cliff. No Linen Will Be Able to Dampen the Collapse.
8 Articles
8 Articles
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romaniatv.netRomania is dangerously approaching a financial crisis, while politicians delay reforms and continue to spend money that the state does not have, warns Eugen Rădulescu, governor's advisor...
Governor BNR's advisor, Eugen Rădulescu, warns that Romania is "dangerous close to the edge of financial collapse, in an editorial completed with a reference to linen, after the luxury party of PSD leaders from Timisoara. "We are dangerous close to the edge of collapse. If we take the step in the void, there will be no rescue for many [...]
Councillor BNR Eugen Rădulescu gives a harsh warning about the state of public finances and the pace of reforms in Romania, claiming that the country is "dangerous close to the edge of collapse. It draws attention to the public debt, the increasing cost of interest, the budget deficit and the risk of loss of status "investment degrees". Rădulescu criticizes, at the same time, the current administrative-territorial organisation ... Article Zero-l…
At the moment, the interest rate paid by Romania to state bonds over 10 years is at an alarming level of 7.2%. By comparison, Hungary borrows at 6.4% and Poland at 5.5%. Each year, Hungary...
Eugen Rădulescu says that Romania's economy is on the brink of collapse: "There will not be any finesse that will dampen the collapse."BNR advisor Eugen Rădulescu warns hard about the state of public finances and the pace of reforms in Romania, claiming that the country is "dangerous to water...More...
The increase in pensions and the minimum wage in 2027 puts pressure on the Government. The Minister of Finance says that no increase should be approved without a source of funding, this while the prime minister warns that it could follow a wave of redundancies in the private environment. From the top of the BNR comes a gloomy warning: Romania is on the brink of collapse and could fall into the void if the State does not reduce spending on the bu…
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