Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
Leu Ends Up Vs Euro After Quiet Session
The Romanian leu traded in narrow ranges in the second part of Tuesday session and closed higher against the euro, in line with other currencies in the region.
Romania Plans To Sell At Most 20% In Airline Tarom
Romania’s Government plans to sell 20% in national airline Tarom either on the stock exchange or to a strategic investor by the end of 2011, according to the draft letter of intent agreed wi...
Romania Considers 15-Year State Bond Issue
Romania’s Finance Ministry talks with pension funds and insurance companies about launching 15-year state paper this year if enough critical mass is achieved, state secretary Bogdan Dragoi s...
IMF: Romania’s Economic Growth Potential At 3% On Medium Term
Romania has an economic growth potential of 3% on medium term, but it needs to raise local production for a sustainable growth, according to Jeffrey Franks, head of the International Monetar...
IMF’s Franks: BNR Could Tighten Monetary Policy As Inflation Stays High
Romania’s central bank BNR might tighten the monetary policy in the coming months as the inflation will stay between 8% and 8.5% until July, Tuesday said Jeffrey Franks, chief of the Interna...
Leu Gains 0.4% Vs Euro, Exchange Rate At 4.0885
The Romanian leu extended early gains against the euro in mid-session Tuesday, and the central bank's reference strenghtened to 4.0885 units, from 4.1039 units in the previous day.
Romania To Sell More Than 10% In Nuclearelectrica, Hidroelectrica
Romania will sell more than 10% in state-owned energy producers Nuclearelectrica and Hidroelectrica, an International Monetary Fund official told MEDIAFAX in an interview.
Romania To Launch 1st International MTN Issue Before July
Romanian Finance Ministry will launch a first international bond issue of its EUR7 billion medium term notes (MTNs) program before July, followed by another issue in the second half of 2011,...
Leu Gains Vs Euro In Early Trade, Unfazed By Inflation Data
The Romanian leu opened flat against the euro Tuesday and further gained ground on average traded volumes, and dealers said its evolution wasn't affected by the publication of consumer price...
Bucharest Shares Slightly Down In Early Trade, SIFs Inch Up
Bucharest-listed shares were down after the first hour of Tuesday's trading session, while the investment funds were still in green territory, in a quiet market.
BNR Ups Inflation View To 5.1% In 2011, 3.6% In 2012
The Romanian central bank revised upwards its forecasts for 2011 and 2012 annual inflation to 5.1% and 3.6%, respectively, due to higher oil prices and additional inflationary expectations,...
Romania Sells EUR939M In 3-Year Bonds At 4.9% Average Yield
Romania’s Finance Ministry on Wednesday sold a more-than-planned EUR939 million in three-year bonds at an average yield of 4.89%, slightly higher than at the previous auction in November 201...