Bucharest Stock Exchange Crashes 8%

08.09.2011 By Roxana Pricop

The Bucharest Stock Exchange on Monday recorded the largest decline in Europe, with listed companies losing EUR1 billion of their value in one day. President Traian Basescu and BNR (National Bank of Romania) governor Mugur Isarescu insist protection granted by the IMF arrangement is sufficient for the Romanian economy.

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