Central Bank governor Mugur Isarescu presents quarterly Inflation Report
epa11539322 Governor of the National Bank of Romania (BNR) Mugur Isarescu presents the Inflation Report at the Romanian Central Bank headquarters, in Bucharest, Romania, 09 August 2024. The BNR has revised downwards, to 4.0%, from 4.9% previously, the inflation forecast for the end of 2024 and anticipates that it will reach 3.4% at the end of 2025. Isarescu stated that 'it is complicated' for Romania to go into recession, given that it still 'does not manage to solve its fiscal problem', and 2024 is an election year. EPA/ROBERT GHEMENT
