EU shares positive assessments of the National Bank’s contribution to reducing inflation

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Inflation decreased from 19.8% to 4%, as a result of monetary tightening and the normalization of food and energy prices, according to the conclusions of this year’s economic and financial dialogue of the European Union with the countries of the Western Balkans, Turkey, Georgia, Moldova and Ukraine.

“The European Commission notes the measures taken by the National Bank in the past period, in order to stabilize inflation, inflationary expectations and encourage denarization. The conclusions state that the banking sector remained stable, with favorable indicators of capital adequacy and liquidity. The EC recommends that monetary policy remain tight, as necessary, in order to anchor inflation expectations at a level that will ensure price and exchange rate stability,” said the National Bank.

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