Even the National Bank of Romania doesn't have the huge resources needed to intervene in the market and keep the leu at an acceptable level, because they're drawing close to a floor below which the bank's reserves can't drop. The central bank has to wait for a moment of calm to efficiently conduct its interventions.
Traian BasescuMy suspension was a long-planned move... and was done to protect would-be convicts in Romanian politics.
Traian BasescuMany Europeans are confused by the terms Roma and Romania. They wonder if it is an ethnicity or a nation of 22 million citizens.
Traian Basescu