Romania's Central Bank Governor Mugur Isarescu said that the agreement with the IMF has a moderation note: showing no pessimism, but no optimism either. "My public interventions indicated that the economy has managed well the adjustment that the critical moments on the foreign exchange market and monetary market are behind us". He also referred to the issue of re-launching the economy, but said Romania did not need an economic growth, which could shock essential segments, like the exchange rate.













Leave a Reply