Governor: Measures for crisis
26/10/2011 00:00
The Governor of the Albanian Bank, Ardian Fullani, commented on the
recent concern of the International Monetary Fund about the dangers that
Albania faces by the Eurozone crisis.
The Governor says that the concerns of the IMF are not new, and measures have been taken for preventing the effects.
Mr. Fullani reiterated that the economy is facing an unclear period that has increased the public insecurity, especially on the fact that the investments and consume keep growing with a very slow pace. According to the Governor, the current level of bad loans is not a problem for the banking system, because they are covered with reserve funds.
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