The links between the dynamics of credit growth in the economy and the debt collection market in Romania. Can bad sometimes become good?

Premises for debates at the World Credit Congress & Exhibition (Bucharest, 8-10 June 2016)

The economy creates money. This happens both during periods of recession, when states with vulnerabilities related to public finance monetize large and growing deficits, thus adding new debt on top of the old one, as well as in periods of economic boom. 

 

For more information, please see the Romanian version of the article, here.

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