The study analyzes the European Central Bank’s monetary policy named “quantitative easing” (Quantitative Easing), whose objective is to reduce the danger of deflation that threatens for long the eurozone in terms of impact on the financial stability of Romania.

The present paper analysis the regulations through which the National Bank of Romania proved its concern in creating the framework for the credit institutions to develop responsible lending strategies, particularly as far as the foreign currency loans granted to individual persons are concerned, with regard to non-hedged currency risk.