Mugur Isărescu: The Bank of Greece provided technical assistance to Romania in the early years of the transition to a market economy.

The Governor of the National Bank of Romania, Mugur Isărescu, emphasized the support provided by the Bank of Greece in the early years of the post-communist period, during a meeting with Governor Yannis Stournaras in Bucharest. Isărescu highlighted the technical assistance received in the process of institutional transformation, mentioning the frequent visits of Governor Christodoulou to encourage reforms. He also recalled Alpha Bank, the first Greek bank to invest in Romania, contributing to the establishment of the Bank of Bucharest, the first commercial bank with Western capital. Isărescu presented Stournaras's academic and professional background, emphasizing the importance of his expertise in the economic field. In the context of a complex international economic environment, Isărescu stressed the need to learn from the lessons of the past to face current challenges.