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Iohannis: 'PSD's bad ruling can be seen in exchange rate'

Inquam Photos / Octav Ganea
Inquam Klaus Iohannis rade ras

President Klaus Iohannis stated on Tuesday about the depreciation of the leu against the euro, that the Social Democratic Party (PSD) is ruling "badly" and this is also reflected in the exchange rate.

"Of course there are reasons for concern. I said it and I do not like it, but I have to repeat it: PSD is not good at the economy and PSD is ruling badly. The result is also seen in the exchange rate and in many other data showing that things are not going as they should and as Romanians would like them to go," said Iohannis, asked if there are reasons for concern regarding Romania's economy in the context of the depreciation of the national currency.

Read also: CFA Romania: Macroeconomic Confidence Index down 15.6 points in December, to 28.7 points

President Klaus Iohannis attended the Aachen signing ceremony of the French-German Cooperation and Integration Treaty at the invitation of Chancellor Angela Merkel and French President Emmanuel Macron. The head of state represented Romania as Presidency-in-Office of the Council of the European Union.

AGERPRES .

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