leonardo9Leonardo Badea (PhD)
(Romanian economist with a vast academic and financial experience. Starting with October 2019 he is Deputy Governor of the National Bank of Romania and Member of the Board. Between 2017 and 2019 he was President of the Romanian Financial Supervisory Authority and during 2016-2017 he was Chairman of the finance and budget committee of the Chamber of Deputies. Since 2006 he is vice-president of the General Association of Romanian Economists)

Copyright: Research Institute for European and American Studies (www.rieas.gr) Publication date: 12 July 2020

Note: The article reflects the opinion of the author and not necessarily the views of the Research Institute for European and American Studies (RIEAS)

It has been already said and proven that the current crisis has different characteristics and implications than other crises from the past. We are in the presence of a pandemic/medical crisis that is moving towards an economic crisis and perhaps even a financial one, further down the road. Financial packages and anti-crisis measures taken by national states, international and European bodies are necessary and helping, easing but not yet solving the situation....Read more

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