Traian Basescu: Greek banks had an important say in Romania’s recovery from the crisis

President Traian Basescu declared on Tuesday after a meeting with the Greek President that Greece is the fifth investor in Romania in the banking sector, food sector, telecommunications and others. All the seven banks that operate on the Romanian market have a good behavior and do well and honest, Basescu said.

He said that the Greek banks own 27% of the Romanian market which is why they had an important contribution in helping Romania pull from the crisis. Basescu declared last week that the central bank governor Mugur Isarescu said that no bank from states in difficulty took any capital away from Romania. According to the president, the situation of the banks in such states does not give Romania any worry.