“We fully sympathize (with Romanians who have loans in lei-.n.red). It is not easy to pay larger monthly amounts. But our message is that the period of low interest rates is over. It will not come back,” Mugur Iserescu said on Tuesday, presenting the inflation report.
There is no point in selling illusions, said the Voivode of the BNR. “These will be the usual interest rates, with the mention that Robor seems to have jumped. This went far beyond the monetary policy rate. There is also such a postponement of loans for persons with a special situation. And the Center for Alternative Dispute Resolution in the Banking Sector, there is also the Law on Payment…”, Iserescu suggested.
As inflation declines, rates will decline, he explained. “IRCC will certainly grow. It is normal for it to reach 5%, look at the rates that are taken into account in its calculation, and I think that whoever calculated the level of 5% did their calculations well,” says Iserescu.
Source: Hot News RO
Anna White is a journalist at 247 News Reel, where she writes on world news and current events. She is known for her insightful analysis and compelling storytelling. Anna’s articles have been widely read and shared, earning her a reputation as a talented and respected journalist. She delivers in-depth and accurate understanding of the world’s most pressing issues.