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Mugur Isarescu: In 2009 Romania Came Close To A “Heart Attack”

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Mugur Isarescu, the Governor of the Romanian central bank declared that in 2009 Romania was extremely close to a sudden stop, avoided because a move was made in time. Mugur Isarescu said Romania was not having a heart attack, but was close to a «sudden stop». This is basically the moment when out of an interior or international reason, the capitals feeding an economy are simply halted. He also said that… Read More...


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