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The government has withdrawn six billion euro from the Reserve Fund

The government has withdrawn six billion euro from the Reserve Fund
Foto: Arhivă / SRR.

Articol de Radiojurnal, 04 Decembrie 2024, 14:34

Finance Minister Marcel Bolos said that the Government has withdrawn six billion euro from the Reserve Fund, amid uncertainty on the political scene.

He said that the first reaction has been from the banks, which are no longer coming up with cash to meet the Finance Ministry's requests for loans to cover temporary treasury deficits.

It is a rather uncertain period until the new government is appointed to establish and finalize Romania's budgetary policies and we hope that this crisis will end, Marcel Bolos stressed.

He also said that the same difficulties that the finances are facing, in the issue of government securities and loans, are also on the stock market.

Translated by: Radu Matei

Etichete : finances reserve fund
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