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View Full Version : Romanian Economy to Shrink This Year, President Says - Bloomberg



NewsWhore
06-14-2009, 06:52 AM
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Romanian Economy to Shrink This Year, President Says (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601085%26sid%3DaBcc4UIkvqis&cid=1260761124&ei=Iss0SvaWKpK0NubG9IwI&usg=AFQjCNFo4ePfnfGACG8RjCjfRv0XaJyOiQ)
Bloomberg
Basescu also said today that he wants the central bank to lower minimum reserve requirements for commercial banks, currently at 40 percent for foreign-exchange deposits and 18 percent for deposits in the local currency. He said central bank reserves ...


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