Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
Tourist Arrivals In Romania Up 22.2% On Year In February
Tourist arrivals in Romania rose 22.2% in February from the year-earlier month, while overnight accommodations were up 22.6% on the year, the statistics institute INS said Monday.
Romania Plans To Sell RON2.5B, EUR200M Paper In April
Romania’s Finance Ministry plans to sell state paper worth 2.5 billion lei (EUR566 million) in April, down below RON3 billion raised a month earlier, but it added an auction for euro-denomin...
Bucharest Stocks Open Slightly Down, On Low Traded Values
The Bucharest bourse was slightly down in early trade Wednesday, but the interest was extremely reduced with only several financial stocks gathering some interest.
Romania Private Lending Falls 0.6% To RON222.7B In February
Romanian private lending fell 0.6% in real terms to 222.7 billion lei (EUR50.5 billion) in February, from RON223.4 billion a month earlier, central bank data showed Tuesday.
Raiffeisen To Acquire Citibank’s Romanian Consumer Portfolio
The Romanian subsidiary of Austria’s Raiffeisen Bank International will purchase Citibank’s Romanian consumer portfolio, the lenders said in a joint statement Thursday.
Fitch Downgrades Unicredit's Subsidiaries In Romania, Croatia, Russia
Fitch Ratings cut by one notch the ratings of several subisidiaries of Italian lender UniCredit, including Romania's UniCredit Tiriac Bank, following the parent group's downgrade, the agency...
IMF Approves Three-Month Extension Of Romania Stand-By Loan
The International Monetary Fund approved a three-month extension of the EUR3.6 billion stand-by loan for Romania until the end of June, the fund said in a statement Wednesday.
Leu Ends Down Vs Euro, Nears 4.4 Units
The Romanian leu weakened in late trade Wednesday and closed near the 4.4 mark, on high demand for euro from corporate clients.
Leu Slides Vs Euro, Exchange Rate At 4.3837
The Romanian leu stayed on a downward trend in the first part of Wednesday session, and the central bank set the official reference rate at 4.3837 per euro, some 0.2% weaker on the day.
Romania Housing Construction Down 4.2% In 2012
Romanian housing construction fell 4.2% to 42,566 units in 2012 from the previous year, due to a decrease in the number of privately-funded units, the country’s statistics institute INS said...
Romania Plans To Sell RON3B Debt In March
The Romanian Finance Ministry plans to sell state treasuries worth 3 billion lei (EUR686 million) in March, below the RON4 billion raised in the previous month, according to an announcement...
Leu Exchange Rate Strengthens To 4.3573 Vs Euro
The Romanian leu kept its early gains and stayed below 4.36 against the euro in the first half of Friday session, and the central bank set the leu’s exchange rate at 4.3573 units.