Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
Foreign Investments In Freefall: Just EUR23M In January
Romanian foreign direct investment, or FDI, fell to EUR23 million in January from EUR376 million in the same month a year before, the central bank said Tuesday.
BNR: Romania's Current Account Deficit Narrows To EUR37M In January
Romania's current account deficit narrowed to just EUR37 million in January from EUR139 million in the same month a year earlier, due mainly to the increase in current transfers surplus and...
Leu Stays In Ranges Vs Euro, Exchange Rate At 4.3537
The Romanian leu traded in a tight range against the euro in the first half of Tuesday's session, and the central bank's reference weakened slightly to 4.3537 units, from 4.3514 units in the...
Bucharest Shares Open Slightly Down, In Calm Trading
The Bucharest-listed shares were slightly down in early session Tuesday, on reduced traded values, but the energy stocks were pushing higher.
INS: Romania's Average Net Wage Down 8.5% To RON1,467 In January
The average net salary in Romania fell 8.5% month-on-month to 1,467 lei (EUR337) in January, from RON1,604 in December, when holiday bonuses were paid, the statistics institute INS said Tues...
Leu Stays Flat Vs Euro In Very Quiet Trading
The Romanian leu traded in a narrow range below 4.35 to the euro in the first hour of trading Wednesday, on very low transferred volumes, dealers said.
BCR Net Profit Down 85% On Year To RON71M In 2011
Banca Comerciala Romana (BCR), the Romanian arm of Erste Group Bank (EBS.RO), Wednesday said its net profit fell 85% in 2011 to 70.9 million lei (EUR16.3 million), impacted by low income gen...
Romania Sells $750M In Reopening Of 10-Year Bonds, At 6.45%
Romania sold Tuesday $750 million in the reopening of a 10-year bond issue on the U.S. market, meeting a strong demand that pushed the yields lower to 6.45%, from 6.875% in the previous debt...
Romania Runs RON1B Budget Surplus In January
Romania’s consolidated budget posted a surplus of 1 billion lei (EUR229.9 million) in January, equal to 0.2% of the gross domestic product, the Finance Ministry said Friday.
BNR: Romania Private Lending -0.6% In January, To RON222.5B
Romanian private lending fell 0.6% in real terms to 222.5 billion lei (EUR51 billion) in January compared with the previous month on the back of a decrease in leu-denominated loans, central...
Romania Sells RON2.5B 2-Year Bonds At 6.36% Average Yield
Romania’s Finance Ministry on Monday sold two-year bonds worth 2.54 billion lei (EUR342 million), more than triple the planned amount, as yields fell by 0.5 percentage points from the previo...
Leu Stays In Tight Ranges, Exchange Rate At 4.3535 Vs Euro
The Romanian leu traded in narrow ranges against the euro in the first part of Monday's session, and the central bank's reference rate was virtually unchanged at 4.3535 units, from 4.3533 un...