The Monetary Unification of Greater Romania, 1918–1921
Greater Romania existed on the map before it existed in a single unit of value. Until the National Bank of Romania leu replaced the crowns, the rubles, and the occupation lei, the country had shared borders and different measures of the same life.…
Romania’s current-account hole widens as foreign direct investment collapses
BNR data lift the current-account deficit to 16.29 billion euro while FDI collapses to 1.127 billion — external financing cost with a thinner reserve buffer.