Romanian central banker warns of risk from ‘unwarranted’ loan law


Romania's central bank has issued a warning that recent "legislative initiatives" affecting the financial sector would endanger the country's economic stability.

Liviu Voinea, deputy governor of the National Bank of Romania, criticised "unwarranted legislative proposals and pro-cyclical fiscal measures" for posing "an increasing risk" to the country's economy.

Voinea said in a presentation recently translated into English that Romania's economy had made "significant progress over the past few

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