Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
Leu Slides Vs Euro, Exchange Rate At 4.298
The Romanian leu fell against the euro in the first part of Thursday session, following the regional trend, and the central bank set the the reference rate at 4.298 units, 0.25% weaker on th...
BNR: Romania Overdue Loans Up 2.8% In November To RON21.9B
Romanian overdue private loans rose 2.8% on the month to 21.9 billion lei (EUR5.1 billion) in November, equal to 9.7% of the total lending, central bank data showed Wednesday.
Romania Plans 15-Year Bond On Local Market, Roadshows On Foreign Markets
Romania’s Finance Ministry negotiates issuing 15-year bonds on the domestic market, while planning two road-shows for foreign investors next year, state secretary Bogdan Dragoi said Tuesday.
Romania Plans To Sell Up To RON16B Treasuries In 1Q 2011
Romania’s Finance Ministry plans to sell state paper worth between 14 billion lei (EUR3.2 billion) and RON16 billion in the first quarter of 2012, according to an announcement posted Tuesday...
Romania's Budget Deficit Widens To 3% Of GDP In November
Romania’s consolidated budget posted a deficit of 16.9 billion lei (EUR3.9 billion) after the first 11 months, equivalent to almost 3% of the gross domestic product, a Finance Ministry offic...
BNR Injects RON6.7B In 8-Day Repo
Romania's central bank (BNR) Tuesday pumped 6.71 billion lei (around EUR2 billion) into the market in an eight-day repurchase agreement operation at an interest rate of 6% a year, equal to t...
Romania Jan-Oct Current Account Deficit Narrows To EUR4.1B
Romania's current account deficit narrowed 9.5% to EUR4.097 billion in January to October, from a gap of EUR4.53 billion in the year-earlier period, due mainly to shrinking trade deficit, ce...
BNR: Romania 10-Month FDI Halved To EUR1.3B
Romanian foreign direct investment, or FDI, fell 43.8% on the year to EUR1.31 billion in the first ten months, the central bank said Tuesday.
S&P Downgrades Transgaz To 'BB+'; Outlook Stable
Standard & Poor's Ratings Services on Wednesday said it lowered its local currency long-term corporate credit rating on Romanian natural gas transmission operator Transgaz Medias (TGN.RO) to...
Bucharest Stocks Start Week Higher With SIFs In The Lead
The Bucharest bourse opened up Monday, following the positive evolution of the international markets, as investors hope European leaders will take this week new steps for easing the debt cri...
Leu Up Vs Euro In Early Trade, After Opening Weaker
The Romanian leu opened slightly down against the euro Thursday, but soon reverted the trend and stayed around 4.35 units in the first hour of trading, while the transferred volumes were low...
Romania Could Tap Foreign Markets For EUR2.8B In 2012
The Romanian Finance Ministry plans to borrow EUR1.3 billion from international markets to cover half of next year’s budget deficit, but the total amount attracted from foreign creditors cou...