Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
BNR Pumps RON2.8B In 7-Day Repo
Romania's central bank Monday injected 2.84 billion lei (EUR652 million) into the market in a one week repurchase agreement operation at an interest rate of 5.5% a year, equal to the monetar...
Leu Opens Slightly Down Vs Euro In Quiet Market
The Romanian leu slightly weakened against the euro in early trade Thursday, in sync with the other currencies in the region, as the sentiment in the international markets is gloomy after Mo...
Bucharest Stocks Open Down, In Sync With Foreign Markets
The Bucharest-listed shares opened down Thursday, with financial stocks among the top decliners, as the international markets were depressed by renewed concerns from the European banking sec...
BRD Net Profit Down 7% To RON465M In 2011
Romania’s second-largest lender BRD-Groupe Societe Generale (BRD.RO) Tuesday reported a net profit of 465 million lei (EUR109.7 million) for 2011, down 7% on the year, as the banking income...
Bucharest Stocks Open Up, SIFs Push Higher
The Bucharest-listed shares opened on an upward trend Monday, following the international markets, on a positive sentiment after Greece Parliament voted in favor of an austerity plan.
Fitch: November Elections Remain Focus for Romania
Recent political developments in Romania should not deflect the country from its agreed path with the International Monetary Fund and the European Union, Fitch Ratings said Friday in a repor...
Bucharest Stocks Up In Early Trade, Following Foreign Markets
The Bucharest bourse opened in red Thursday morning, but it soon entered in green territory, after the European markets turned positive as investors are still waiting a conclusion of a Greec...
Bucharest Stocks End Almost Flat, SIFs Rise
The Bucharest bourse's main indexes ended Friday close to previous day's levels, with the energy stocks underperforming, while the main investment funds continued their recent advance.
Bucharest Stocks Open Up, SIF Transilvania Deals Lift Traded Value
The Bucharest stock exchange opened up Thursday, fueled by a positive sentiment on the foreign markets, and the traded values improved, also helped by a special deal with SIF Transilvania (S...
Leu Stays In Ranges Vs Euro, In Quiet Market
The Romanian leu was mostly stable in early trade Thursday, staying below 4.35 per euro, in a relatively calm market.
Tourist Arrivals In Romania Up 16% On Year In 2011
Tourist arrivals in Romania rose 16% in 2011 compared with the year before, while overnight accommodations were up 12.2% on the year, the statistics institute INS said Thursday.
Consumption Didn't Rebound In 2011. Romania's Adjusted Retail Sales Fell 3.3% On Year
Romanian adjusted retail sales fell 3.3% in 2011 compared with the previous year, on lower sales in most sectors, the statistics institute INS said Thursday.