Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
Romania Industrial Sales Inch Higher In October
Romanian industrial sales inched 0.1% higher in October, after an 18.3% increase in the previous month, data released by the statistics institute INS showed Monday.
IMF Asks Romania To Keep Budget Deficit Below 1% Of GDP In 2015
The International Monetary Fund and the European Commission asked the Romanian government to bring next year the budget deficit to 0.9% of the gross domestic product, but the local authoriti...
Weekly Export Risk Outlook, December 4
Italy became the laggard of the euro-zone in terms of economic growth, after a second consecutive quarter of GDP contraction, Euler Hermes noted in its latest Weekly Export Risk Outlook repo...
Bucharest Stocks Rise, Eyes On Fondul Proprietatea
The Bucharest bourse closed up Thursday, with investors still very interested in the shares of investment fund Fondul Proprietatea (FP.RO), which ensured more than half of the total traded v...
Leu Loses Ground Vs Euro On ECB Lack Of Action
The Romanian leu lost ground in late trading Thursday, in line with the other currencies in the region, as the European Central Bank did not meet market expectations of announcing new stimul...
Romania Sells RON300M In 10-Year Bonds, Yield Falls to 3.7%
Romania’s Finance Ministry on Monday raised a planned 300 million lei (EUR67.7 million) in a reopening of a ten-year bond due February 2025, with the average yield falling to 3.69% a year.
INS: Housing Construction Up 7.4% On Year In January-September
Romanian housing construction rose 7.4% to 28,555 units in the first nine months from the year-earlier period, on rising investment in urban areas, the country’s statistics institute INS sai...
Net Investment In Romania Economy Fell 6% On Year To RON42.7B In Jan-Sept
Romanian net investments fell 5.9% to 42.67 billion lei (EUR9.6 billion) in the first nine months of 2014 from the year-earlier period, due to falling activity in constructions and lower fun...
Bucharest Stocks Close Up, Fondul Proprietatea Falls
The Bucharest bourse inched higher Wednesday, among a recovery of energy stocks, while Fondul Proprietatea (FP.RO) returned to its position of top traded issuer after the share buyback offer...
Fitch Places Garanti Bank Romania on Rating Watch Positive
Fitch Ratings has placed Romania-based lender Garanti Bank's ratings on Rating Watch Positive, after a similar move on its parent bank, the agency said Wednesday.
Leu Edges Slightly Up Vs Euro In Quiet Market
The Romanian leu closed slightly up against the euro Wednesday, after a quiet session with average traded volumes.
Retail Sales Extend Growth In October
Romania’s retail sector went up in October, supported by higher sales of fuel and food products, official data showed Wednesday.