Romania is currently consolidating its exit from recession, Adrian Vasilescu, advisor to the governor of the Romanian National Bank (NBR) said at the EU-COFILE seminar held yesterday, hosted in Sinaia by the NBR, the Romanian Banking Association (ARB) and Alpha Bank. He added that, in this context, the process of lending needs " a new beginning".

Adrian Vasilescu said: "We need to prepare for this new normalcy, and lending will need a new beginning because it is clear the crisis has entered a new level, we are out of a recession at this time, the economic data shows that not only the recession won't be back this year, the exit from the recession will actually be bolstered, but we will still be left with the crisis and after the crisis there will come something that we will all begin to sense instinctively".

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