Burduja, Raiffeisen: Financial crisis is like an epidemic

Even the strongest of companies can find themselves in hot water when beneficiaries cease paying, whilst in times of crisis, problems that are not solved immediately can spread rapidly in several directions, with unpredictable outcomes, warns Marinel Burduja, prime vice-president at Raiffeisen Bank.

"In a crisis period, contagion is unstoppable. Crises can be compared to epidemics; they spread in all directions and affect both the rich and the poor," explains Burduja in an interview with ZF. He believes that as the crisis fallout deepens, the only companies that will survive on the domestic market are ones that are profitable, that sell competitive products, and are run in a "responsible way".

Ziarul Financiar