Romania Has Highest Interest Rates In EU

Romania’s central bank cut its main interest rate by half a percentage point to 8% from 8.5%, after a similar decision the day before by the National Bank of Hungary.

The rate cut leaves Romania’s benchmark interest rates at the highest level in the 27-member European Union.

Read more here:

http://online.wsj.com/article/SB125426716330750955.html

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