Beauty editor
Andrei Cîrchelan
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2012
- Articles
- 10
February Unemployment Rate Dips To 7.1% - INS
Romania's unemployment rate was at 7.1% in February, down from 7.2% in the previous month, seasonally adjusted data from the statistics institute INS showed Monday.
Tourist Arrivals Roughly Flat On Year In February
Tourist arrivals in Romania were roughly the same in February 2012 from the year-earlier month, the statistics institute INS said Monday.
SIF Oltenia Bought 2.5% In Transelectrica
Regional investment fund SIF Oltenia (SIF5.RO) bought a 2.53% stake in state-owned power grid operator Transelectrica (TEL.RO), for 27.6 million lei (EUR6.3 million), during the secondary pu...
Romania’s Fiscal Adjustment Could Have Been More Gradual – IMF Report
The fiscal adjustment in Romania, which entailed a 25% cut in public sector wages, lower social contributions and a higher value added tax, could have been more gradual, with a lighter impac...
Bucharest Stocks Close Up, Proprietatea Drives Trades
The Bucharest bourse closed Friday on the rise, on higher traded values, with most of the turnover coming from deal and main market trades in investment fund Fondul Proprietatea (FP.RO).
Bucharest Stocks Open Up, Trading Revives
The Bucharest bourse opened Friday with an increase, on higher traded volumes, while investors were looking at Fondul Proprietatea (FP.RO) and the five regional investment funds, or SIFs.
Leu Opens Weaker Vs Euro, Dealers Suspect Central Bank Intervention
The Romanian leu opened Friday at 4.384/4.386 against the euro, but it soon returned below 4.38, as two Romanian banks placed several euro sale orders and dealers suspect an indirect interve...
Bucharest Stocks Close Up, SIFs Buck Trend
The Bucharest bourse closed slightly up Wednesday, but the five regional investment funds, or SIFs, closed in the red.
Bucharest Stocks Close Up, Transelectrica SPO Lands Safely
The Bucharest bourse closed Tuesday with an increase, on low traded volumes, while the secondary public offering held by authorities to sell a 15% stake in power grid operator Transelectrica...
Bucharest Stocks Close Up, SIFs Rise 3%
The Bucharest bourse closed up Monday with an increase, on low traded volumes, with the bulk of activity focusing on the financial stocks.