Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
Romania To Start Road-show For International MTN Issue June 6
Romania will start on June 6 the road-show presentations for a first international issue of its planned EUR7 billion medium term notes (MTNs) program, market sources told MEDIAFAX Friday.
Leu In Ranges, Exchange Rate At 4.1315 Vs Euro
The Romanian leu lost early gains against the euro in mid-trade Friday, on deteriorating sentiment in the region, but the central bank's indicative gained slightly to 4.1315 units, from 4.13...
World Bank Lends Romania EUR500M For Social Assistance Reforms
The World Bank’s Board of Executive Directors on Thursday approved a EUR500 million loan to support a social assistance program of Romania’s government estimated at EUR5.5 billion.
Romania’s Budget Posts RON829M Surplus In April
Romania’s consolidated budget posted a surplus of 829 million lei (EUR200.1 million) in April, fueled by higher revenue, while the budget deficit for the first four months of 2011 narrowed t...
BNR: April Private Lending Down 0.3% In Real Terms To RON204.6B
Romanian private lending fell 0.3% in real terms to 204.6 billion lei (EUR49.6 billion) in April from a month earlier, and was down 5.7% on the year, central bank data showed Wednesday.
Bucharest Shares Open Down, Proprietatea Fund Continues Decline
The-Bucharest listed shares were slightly down in early trade Wednesday, due to a negative sentiment on international markets caused by renewed fears on euro-zone countries' debts, and Fondu...
Fitch Affirms Rompetrol Group at 'B+', Outlook Negative
Fitch Ratings affirmed Netherlands-based The Rompetrol Group's long-term foreign currency Issuer Default Rating (IDR) of 'B+', while removing it from Rating Watch Negative, where it was plac...
Bucharest Shares Open Down, SIFs Shed More Than 2%
The Bucharest-listed shares were down in early trade Monday, following the international markets that were on a downward path, after ratings agency Standard & Poor's said it has downgraded I...
S&P Withdraws BNR’s Ratings In Procedural Action
Standard & Poor's has withdrawn its ratings on the National Bank of Romania (BNR, the central bank of Romania), as the purpose for which the rating was initially issued ceased to exist.
S&P Lists BNR Outlook Stable With One Year Delay, Citing Administrative Error
Standard & Poor's Rating Services Thursday said that due to an administrative error the rating outlook on the National Bank of Romania (BNR, the central bank of Romania), which is linked to...
Bucharest Shares Open Slightly Up In Calm Trading
The Bucharest bourse was on an slightly upward trend in early trade Thursday, with VES Sighisoara (VESY.RO) leading gainers in back-to-back sessions, after significant changes in ownership s...
Catalin Chelu Buys 23% In VES Sighisoara For RON2.1M
Debrocons, a Romanian company controlled by local businessman Catalin Chelu, Tuesday bought 22.97% in stoves and pots maker VES Sighisoara for 2.1 million lei (around EUR0.5 million), bourse...