Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
Industry, Telecom Sector Lift Romania’s GDP In 2014
The industry and the information and communication services helped Romania’s economy grow 2.9% in 2014, despite a weak performance of the financial sector and constructions, data from the st...
Romania Net Investment Down 3% To RON65.6B In 2014
Investments in Romania declined last year, despite a slight recovery in the last quarter, due to lower amounts allocated for new constructions and equipment, statistical data showed Thursday...
Tourist Arrivals In Romania Up 17% On Year In January
Arrivals at Romanian tourism accommodation establishments rose 17.1% in January from the year-ago month, while overnight staying increased 17.7% on the year, data from the statistics institu...
Romanian Industrial Producer Prices Down 0.3% In January
Romania’s industrial producer price index fell 0.3% in January, after a 1.1% decline in the previous month, the country’s statistics institute INS said Tuesday.
Romania Retail Sales Continue Upward Trend In January
Romania’s retail sector extended its good performance in the first month of 2015, after a strong recovery in 2014, official data showed Tuesday.
Romania Forex Reserves Down To EUR30.5B In February
Romanian foreign exchange reserves fell by 113 million euros to EUR30.48 billion in February, from EUR30.59 billion in the previous month, central bank data showed Monday.
INS: Romania Unemployment Rate Down To 6.5% In January
Romania's unemployment rate was down to 6.5% in December, from 6.4% in the previous month, seasonally adjusted data from the statistics institute INS showed Monday.
Romania Plans To Sell RON3.3B Treasuries in March
Romania’s Finance Ministry wants to sell government paper worth 3.34 billion lei (EUR752 million) in March, down from RON4.3 billion in the previous month, according to the issuance plan rel...
Romania Posts Budget Surplus Of RON4B In January
Romania’s consolidated budget registered a surplus of 3.95 billion lei (EUR889 million), or 0.56% of the gross domestic product, supported by higher revenue from income and property taxes, a...
Erste Group 2014 Net Loss At EUR1.4B
Austria’s Erste Group Bank (EBS.RO), the owner of the largest Romanian bank, BCR, Friday reported a net loss of 1.44 billion euros for 2014, due to write-downs and charges in some of its lar...
BCR Posts RON2.8B Loss in 2014, After Risk Provisions Increase
Romania’s largest bank BCR, a unit of Austria’s Erste Group Bank (EBS.RO), went back into red last year after it took a significant charge for non-performing loans.
Romania Issued More Housing Permits In January
Romanian housing permits were up 6.4% to 1,674 units in January, from 1,573 units in the same month of 2014, the country’s statistics institute INS said Friday.