It is possible that lendersaa‚¬a„¢ debtors to be turned out from their houses, says Vasilescu

Adrian Vasilescu, the advisor of the National Bank of Romania (BNR) governor said in a press conference that he didn’t exclude the possibility that some Romanians who have debts to their lenders and are not able to pay them anymore to be turned out from their houses they bought through a mortgage loan. He also added that many of the anti-crisis measures presented by media are just social ones and they don’t fight against the current downturn. “Unfortunately many anti-crisis measures are just social ones meant to anesthetize the effects of the current turmoil and of some tough measures”, said Vasilescu. In his opinion, the only real and efficient anti-crisis program is the agreement with IMF, European Commission and World Bank.

 Anda Dragan