“The current report highlights non-payment risk as the main risk. This has many causes, including uninspired legislation,” said Isarescu.
The central bank official said this potential risk could become a real risk if left to expand and called for measures to mitigate factors that fuel this risk.
Recent reports citing a central bank draft proposal showed plans to limit debt degrees from the current 60-70% of a loan applicant’s income to 35% for loans in foreign currency and to 50% for loans in lei. Central bank officials said the draft was unofficial.