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BNR's Vasilescu: 'I couldn't possibly believe an emergency ordinance may contribute to cheapening credit in Romania'

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An emergency ordinance (OUG, ed. n.) cannot contribute to cheapening the bank credit in Romania, the OUG is firstly a fiscal document and through a fiscal document one cannot change the level of the loans' interest rates granted by the banks, on Wednesday told AGERPRES, , a strategy specialist for the of Romania (BNR), referring to the amendments to OUG 114, specifying that this is a personal viewpoint.

Read also: Money laundering, prostitution ring dismantled in Romanian-British action

"I still do not know exactly how this document will look like…

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