Central bank's Isarescu: Ordinance 114, severe risk to financial stability
Publicat:Ordinance 114/2018, adopted without a previous consultation of the National Bank of Romania (BNR) represented a severe risk to the financial stability by damaging the mechanism of transmitting the monetary policy, on Wednesday asserted the central bank's governor Mugur Isarescu at the presentation conference of the Report on financial stability.
"A few words about the second systemic risk presented in the Report: it is about the legislative risk, the legislative instability. Ordinance 114/2018 [Government Emergency Ordinance, OUG, ed. n.] adopted without the previous consultation of the…
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