In the conditions of rising and rising prices of life, somewhat more unusual messages came from the National Bank of Ukraine this year: sometimes more funny, sometimes less so.

National Bank of Romania – BNRPhoto: Hotnews

Three messages from representatives of the BNR that attracted attention

1. “Let’s eat, drink”: the most cheerful message was given by the adviser to the governor of the BNR – Christian Peunescu.

Speaking of savers, he advised: “80% drink, eat, whatever, we’ll see, but at least have hope,” he joked, saying the discussion was off the record even though it was LIVE on Youtube.

We remind you that the declarations took place in the summer (therefore the interest on deposits and Fidelis also changed). His advice:

“What does an informed citizen do in times of inflation like now? He wants to protect his savings. As? At 14% inflation, the bank gives you 3%, so you lose 10%,” said Cristian Peunescu, adviser to the viceroy of the BNR.

He also mentioned about Fidelis broadcasts: “It gives you 7.2% per year. Inflation is 14%. After 3 years it gives you 7.8%. You don’t know what inflation will be like. You have the advantage that it is fully guaranteed by the state, and you don’t even pay tax on the profit.”

“What else can you do?” he asks himself, giving several ideas:

  • “Gaming the Stock Exchange with the Risks of Playing the Stock Market”
  • “Buy gold. Gold that commercial banks also buy in Switzerland and sell to you in 100 gram bars. What do you do with them? You keep them in the hope that life will calm down, gold will have a different price. You’ve all seen the price of gold go up, but where do you keep your gold bullion? At home, this is unlikely. There are many arrivals from prisons who are checking. Where to put it? Hide in the ground so that the neighbors can see? Then the bank offers you: You bought the bars, keep them with me. I am making a valuable box for you.
  • When you look at the monthly price, you see that the profit you estimated is almost gone.”
  • “Some with a higher art education invest in art products. I can see what the artist quote is. For example, if you bought Ghenea (he meant Adrian Ghenie no) at the beginning, you gave a chance. Now it is sold for 50 million a piece.”
  • Are you buying land or houses.

2. Lime tea

The statement, which caused a stir in various circles for a long time, including in social networks, belongs to the head of the National Bank of Romania, Mugur Iserescu.

“A little peace won’t hurt us. Excitement is characteristic of crisis periods. It is clear. The government should convey this: calm down. I got the message too. We drink linden tea. I drank with Eugene Redulescu. So that’s good advice. Exaggerations are specific, but they do no good,” he said.

3. Invest 5,000 euros in thermal insulation of the building

Valentyn Lazeya, the chief economist of the BNR, said that the zero priority for the residents of this country will be to think about thermal insulation of buildings.

“Whoever does not have 5,000 euros saved should go to the banks. I believe that, in this context, banks should make a special effort this fall to popularize this type of lending for thermal insulation of buildings. There is no other form of energy efficiency improvement, except for savings. Thermal insulation of buildings is something that can be done in a short period of time and with minimal financial effort,” Valentyn Lazeya also noted.