The difference between the new benchmark index based on interbank transactions is below what the ROBOR Romanian inter-bank offer rate is now, Minister of Public Finance Eugen Teodorovici told a news conference on Tuesday.
His remarks come in response to a request to comment on Central Bank Governor Mugur Isarescu's remarks on the emergency ordinance amending Emergency Ordinance 114, among other things, on average interest rates that are calculated against daily transactions.