Romanian President Scolds Foreign Banks For “Lack Of Fair Play”
Romanian president Traian Basescu on Thursday said that the banks of European states obtained “gigantic profits” in Romania, and preparing to leave the country unfinanced during the crisis would be “lack of fair play”.
The head of state said Thursday that he is “concerned” about the “potential conduct” of some of the banks.
“I want to believe that the Austrian central bank’s announcement on decreasing capital flows to non-euro area countries was an error, or a misunderstanding of the effects,” Basescu said.
“I do not wish for use to be in a position where we have to remind our European friends the emphasis they have placed on the privatization of banks before Romania’s accession to the EU. Gentlemen, you have obtained gigantic profits in Romania between 2000 and 2009, and if somehow you are preparing today to leave the Romanian economy unfunded in times of crisis, we will consider this a lack of fair play in relations with Romania,” Basescu said.
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