The ROBOR index has recently decreased, but Romanians continue to pay much higher interest rates on loans compared to their European neighbors.

The National Bank of Romania announced a decrease in the ROBOR index to 6.47% for consumer loans and 6.61% for mortgage loans. However, Romanians are facing significantly higher interest rates than in other European countries, sometimes three times higher, which forces them to pay larger installments. Additionally, the monetary policy interest rate of the BNR is much higher than that of the European Central Bank, which contributes to the high costs of loans in Romania.