BNR calls increasing global uncertainty, rapidly declining investor confidence risk to financial stability
Publicat:The most important systemic risk to financial stability in Romania moving forward is the rise in global uncertainty and fast deterioration of investor sentiment towards emerging economies, according to the June 2020 Financial Stability Report released by the National Bank of Romania (BNR) on Monday. "Current assessments signal two severe risks to financial stability in Romania: a rise in global uncertainty and fast deterioration of investor sentiment towards emerging economies, and the worsening of domestic macroeconomic equilibria, also in terms of the structure and financing cost of the budget…
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