Badea, Central Bank: The Corrective Measures Of Macroeconomic Imbalances Taken So Far Were Either Insufficient Or Didn't Have The Intended Effects

09.01.2023 By Ecaterina Craciun

The corrective measures of macroeconomic imbalances Romania is facing, especially the budget deficit and the current account deficit, that have been taken so far have either been insufficient or have not had the intended effects, therefore, the problems persist and become more pressing, which significantly increases the risks of future negative consequences have increased significantly, according to Leonardo Badea, deputy governor of Romania’s central bank.

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Leonardo Badea
, central bank

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