Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
Average Net Salary In Romania Inches Up In June
The average salary in Romania rose 0.7% in June to 1,818 lei (around 400 euros) from RON1,806 in the previous month, data from the statistics office showed Thursday.
ING Bank Romania Posts 6% Lower Net Profit In 1H
ING Bank Romania reported a 6% lower net profit for the first six months, while both its loan portfolio and attracted deposits posted significant gains, the lender said in a statement Wednes...
BRD Net Profit More Than Doubles To RON270M In First Six Months
Romanian second largest lender BRD-Groupe Societe Generale (BRD.RO) Wednesday reported a net profit of 270 million lei (EUR60.8 million) for the first half of the year, more than double comp...
Romania Not Threatened By Deflation, Central Bank Head Says
Romania’s economy is not threatened by deflation, despite expectations of a negative inflation rate over the next three quarters, as consumption is increasing while new wage increase may eve...
BNR Sees Inflation In Negative Territory For Next 3 Quarters
Romania’s central bank cut its forecast on the inflation rate from “close to zero” to staying in negative territory over the next three quarters.
A Critical Decision
By Andrea Schaechter, IMF mission chief for Romania, and Guillermo Tolosa, IMF resident representative for Bulgaria and Romania.
Romania Central Bank Keeps Key Rate Unchanged At 1.75%
The Romanian central bank Tuesday kept its main monetary policy lending rate unchanged at 1.75% per year in a widely expected move, as policymakers still expect the final version of the fisc...
INS: Romanian Industrial Producer Prices Up 0.3% In June
Romania’s industrial producer price index went up 0.3% in June, after a 0.2% decline in the previous month, the country’s statistics institute INS said Tuesday.
Romania Retail Sales Up 5% In First Half
Domestic consumption remained one of the major drivers of Romania’s economy in the first half of 2015, with retail sales growing almost 5% compared with the similar period of last year, offi...
Romania Sells RON200M In 10-Year Bonds, At 3.75% Average Yield
Romania’s Finance Ministry on Monday raised a planned 200 million lei (EUR45.5 million) in a reopening of a ten-year bond due April 2023, at an average yield of 3.75%.
Romania's Forex Reserves Fell To EUR29.1B In July
Romanian foreign exchange reserves fell by 959 million euros in July, as the country repaid a euro-denominated bond issue, central bank data showed Monday.
Tourist Arrivals In Romania Up 14.5% In First Half
Arrivals at Romanian tourism accommodation establishments rose 14.5% in the first six months from the year-earlier period, while overnight staying increased 14.3% compared with January-June...