The inflation rate can be brought to 3.5% in 2012 and even below 3% in 2013-2014, said Lazea.
Romanian consumer prices fell for the second straight month in July, while the annual inflation saw a drop to 4.85%, from 7.9%.
Lazea believes the Government must be focused on the Euro convergence criteria to avoid “falling into the populist trap.” At the end of July, Romania met only the criterion concerning government debt.
In his opinion, a cautious government follows this golden rule: inflation is limited to 2%, the budget deficit to 3%, economic growth at 4%, the current account deficit at 5%, public sector wage raises to 6% and the unemployment rate to 7%.