Romania Keeps EU’s Highest Rates With Inflation Stuck Above 10%

Romania held interest rates at the highest level in the European Union as policymakers tackle double digit inflation in an economy on the verge of a recession.

By Andra Timu, Irina Vilcu · Bloomberg Markets

Romania held interest rates at the highest level in the European Union as policymakers tackle double digit inflation in an economy on the verge of a recession.