The first vice-president of the Alliance for the Union of Romanians (AUR), Marius Lulea, says that Romania is going „in the wrong direction”, given that the state „borrows, the National Bank of Romania (BNR) prints money, and Romanians pay dearly: inflation, poverty and a mortgaged future”.

„The state borrows, the BNR prints money, and Romanians pay dearly: inflation, poverty and a mortgaged future. Romania has borrowed again. The Romanian state has drawn another internal credit line, another 1 billion-lei loan from commercial banks. What is the reason? The already huge taxes no longer cover the reckless expenses of the PSD-PNL-USR-UDMR government. Instead of cutting waste, they continue to dig deep into the pockets of our children. The interest rates are hallucinating, over 7% per year, several times higher than the European average,” Lulea declared, according to an AUR press release sent to AGERPRES.

According to the first vice-president of AUR, Romania borrows „dearly” and „a lot”, „at a pace that directly fuels the economic instability already created by political instability”.

„The public debt has exceeded the threshold of one trillion lei, the equivalent of 200 billion euros. The state’s largest creditors are commercial banks. To them are added private pension funds and large international financiers, whether institutional or private. But the essential thing is that banks do not grant these loans out of patriotism, but because they are pushed by political pressures and the money pumped into the system by the National Bank of Romania itself. Last year, the BNR injected almost 50 billion lei into the market, and these amounts indirectly end up financing the state deficit and lead to inflation. And inflation is a hidden tax. Romanians are losing purchasing power without anyone asking for their consent. We do not only have a budgetary, institutional crisis, a political crisis, but also a form of internal economic sabotage”, stated Marius Lulea.

AGERPRES