“The deuroization plan is not war against the euro, but a plan to promote the use of the national currency in order to increase the flexibility of the monetary policy”.
Such declaration was issued today by the governor of the Bank of Albania, Gent Sejko, while explaining the strategy of this institution to reduce the use of euro in the country.
According to him, the long-term objective is to promote a wider use of the national currency, while this is not expected to cause any problems in the balance of the banking system.
“We are clear about the fact that in an economy there are imports and exports and many exchanges take place in euro. We would encourage those who are part of this process to continue like this. Our aim is to orientate the financial system”, Sejko said.
Meanwhile, he added that the European Central Bank has suggested that the process of deuroization should continue, because several countries have lost a lot from the depreciation of the national currency. /balkaneu.com/