South-east Europe's next leap forward
· Mugur Isărescu, Governor of the National Bank of Romania (Romania)
Summary written by Dark Majestic in its own words · topics: monetary policy and interest rates, inflation and price stability, financial stability, climate, energy and nature
MI · Mugur Isărescu Wiki · National Bank of Romania WikiSouth-east Europe's next leap forwardContextSpeech by the Governor of the National Bank of Romania at an Economist Impact government roundtable in Bucharest, before Romania's President.
Why it mattersRomania's Governor on inflation risks and banking strength in south-east Europe.
Problems raised- Energy prices, tariffs and conflicts threaten stability.
- Inflation remains vulnerable to supply shocks.
- Sanctions and trade measures affect economic policy.
Solutions proposed- Keep monetary policy adequate as inflation moderates.
- Assess second-round effects on inflation carefully.
- Protect the strengthened banking sector.
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