BNR's Isarescu: International borrowing, proof of responsibility, deficits are worrisome
Publicat:International borrowing is proof of responsibility, but the country's deficits are worrisome, the governor of the National Bank of Romania (BNR), Mugur Isarescu told a press conference, when asked about the latest loans contracted by the Ministry of Public Finance. "Worrisome, an element of concern or as you might want to call it, not of panic, however, are the country's deficits. We are concerned about the size of the deficits. When you have a budget deficit, the second thing you have to do when you find that you have a deficit is to cash in. So you have no money, given that there is always…
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