President, optimistic about Romania’s economic recovery


Get real time updates directly on you device, subscribe now.

President Klaus Iohannis has voiced his optimism regarding the evolution of the domestic economy after a meeting he had with the the PM, Finance minister and the governor of the Central Bank (BNR), Mugur Isarescu, in order to review the economy situation prompted by the COVID-19 pandemic.
Iohannis said solutions had been identified for the current problems and that we have good chances “to get out pretty quickly from this unpleasant situation”.
We have programmes, and solutions to finance the deficit and to revive the economy. If we do things properly, as we intend, then there are good chances for the economy to recover and to get out of the existing crisis”, the head of state said.

Iohannis said that debates had mainly focused on the economic situation and on the budget deficit.

It’s clear we’ll have a higher budget deficit and it must be finances. Economy was not put on hold in Romania, but only certain sectors have stopped their activity (…) We want a good financing for the deficit so that we should not be forced to take austerity measures. Efficient measures are needed to encourage the economy”.

DONATE: Support our work
In an ever changing and challenging world, the media is constantly struggling to resist. Romania Journal makes no exception. We’ve been informing you, our readers, for almost 10 years, as extensively as we can, but, as we reject any state funding and private advertising is scarce, we need your help to keep on going.
So, if you enjoy our work, you can contribute to endorse the Romania Journal team. Any amount is welcome, no strings attached. Choose to join with one of the following options:
Donate with PayPal
Donate by Bank Wire
Black Zonure SRL
UniCredit Bank. Swift: BACXROBU
RON: RO84 BACX 0000 0022 3589 1000
EURO: RO57 BACX 0000 0022 3589 1001
USD: RO30 BACX 0000 0022 3589 1002

Leave A Reply

Your email address will not be published.