Romania National Bank seeking institutional support for recovering Romanian treasure held in Moscow
The National Bank of Romania aims to develop a new strategy to regain the Romanian treasury held by Russia with the help of the government after the end of the current political crisis, according to a statement made by longtime BNR…
Radu Dumitrescu · Journalist
· Updated · 2 min read
The National Bank of Romania aims to develop a new strategy to regain the Romanian treasury held by Russia with the help of the government after the end of the current political crisis, according to a statement made by longtime BNR governor Mugur Isărescu on Wednesday, April 29.
Between 1916 and 1917, Romania transferred 91.5 tons of fine gold to Russia after the losses sustained in the First World War against the Central Powers. Once the communist government came to power in 1918, Russia confiscated the gold and never returned it.
