2014 was a ‘paradoxical’ year for the Romanian economy, because, although the country has met, for the first time in 25 years, all five nominal indicators for adopting euro, the population and much of the economy do not perceive the benefits of this macro-stabilization, Adrian Vasilescu, advisor to the governor of the National Bank of Romania (BNR) said in an interview for Agerpres.
He reminded the period during which Romania has achieved notable performances in all areas, namely in the second half of the 19th century and in the first half of the 20th century, a period which shows that not the Romanians’ heredity is to blame for the curent poor economic performance, but the international situation, and also our poor education in taking challenges. In his view, if World War I had not been, today Romania would have been a great economic power.
BNR Governor’s advisor claims that, for the next period, the education should be the first priority in Romania, including the economic education.
Adrain Vasilescu says that during 2014 a successful line was emphasized. By this he means GDP, price movement, loans and interest on loans, public debt, RON-EUR exchange rate, current account.