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Senior Editor

Bogdan Neagu

Fields
Capital Market, Macroeconomics, Banks-Insurance
Writing for ZF since
2011
Articles
1.841
Romania Sells RON300M 7-Yr Bonds; Yield Falls To 2.36%
Banks-Insurance

Romania Sells RON300M 7-Yr Bonds; Yield Falls To 2.36%

Romania’s Finance Ministry on Thursday raised a planned 300 million lei (EUR68 million) in a reopening of a seven-year bond due April 2020, while the average yield fell to 2.36%, a record lo...

Bogdan Neagu · 09.04.2015 · 15:19 · 1 min
Romania's Power Output Increased In First Two Months
Macroeconomics

Romania's Power Output Increased In First Two Months

Romanian electricity output rose 3.2% on the year to 11.38 billion kilowatt-hours in the first two months of 2015, fueled by higher production in the hydropower sector, official data showed...

Bogdan Neagu · 09.04.2015 · 10:11 · 1 min
Romania Trade Deficit Narrows To EUR563.3M In First Two Months
Macroeconomics

Romania Trade Deficit Narrows To EUR563.3M In First Two Months

Romania’s exports rose more quickly than imports in the first two months of the year and the country’s trade deficit slightly narrowed to 563.3 million euros, the statistics office said Thur...

Bogdan Neagu · 09.04.2015 · 10:00 · 1 min
INS: Romania’s Industrial Production Rises In February
Macroeconomics

INS: Romania’s Industrial Production Rises In February

Romania’s industrial production went up in February compared with the same period of 2014, although it stagnated against the previous month, data released by the country’s statistics institu...

Bogdan Neagu · 09.04.2015 · 10:00 · 1 min
Banks-Insurance

Fitch Revises Outlook On Unicredit's Romanian Subsisidiary To Stable

Fitch Ratings has affirmed the long-term issuer default rating of UniCredit Tiriac Bank at BBB and revised the outlook to stable from negative, following a similar move on the Romanian lende...

Bogdan Neagu · 09.04.2015 · 07:58 · 1 min
Romania To Cut VAT For Food Products In June
Macroeconomics

Romania To Cut VAT For Food Products In June

Romania will cut starting June the value added tax rate for all food products, including non-alcoholic drinks and restaurant services, prime minister Victor Ponta said Tuesday.

Bogdan Neagu · 07.04.2015 · 12:38 · 1 min
INS Revises Slightly Down Romania’s 2014 GDP Growth to 2.8%
Macroeconomics

INS Revises Slightly Down Romania’s 2014 GDP Growth to 2.8%

Romania’s statistics institute revised slightly down the economic growth estimate for 2014, despite envisioning a higher increase in the fourth quarter.

Bogdan Neagu · 07.04.2015 · 10:22 · 1 min
Romania's Industrial Sectors Gets Fewer Orders In February
Macroeconomics

Romania's Industrial Sectors Gets Fewer Orders In February

Romania’s industrial sector received fewer orders in February, another sign of slowdown in one of the main engines of last year’s economic growth, data released by the country’s statistics i...

Bogdan Neagu · 07.04.2015 · 10:06 · 1 min
Macroeconomics

INS: Romania February Industrial Sales Up 2.3% Vs January

Romanian industrial sales rose 2.3% in February compared with the previous month, but were down against the same period of 2014, data released by the statistics institute INS showed Tuesday.

Bogdan Neagu · 07.04.2015 · 10:00 · 1 min
Leu Falls Slightly Vs Euro After Quiet Session
Capital Market

Leu Falls Slightly Vs Euro After Quiet Session

The Romanian leu fell slightly against the euro Monday after a very quiet session as most of European markets are closed due to Easter holidays.

Bogdan Neagu · 06.04.2015 · 17:22 · 1 min
Average Net Salary In Romania Down 0.5% In February
Macroeconomics

Average Net Salary In Romania Down 0.5% In February

The average salary in Romania fell 0.5% in February to 1,731 lei (EUR393) from RON1,740 in the previous month, data from the statistics bureau showed Monday.

Bogdan Neagu · 06.04.2015 · 10:00 · 1 min
Retail Sector Recovery Hit Bumps In February
Macroeconomics

Retail Sector Recovery Hit Bumps In February

Romania’s retail sector slowed down its recovery in February, after a strong output in the past few months, official data showed Friday.

Bogdan Neagu · 03.04.2015 · 10:05 · 1 min