Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
Fiscal Council: Romania Government Needs To Find Additional Resources For 2015
Romania’s government needs to show the International Monetary Fund the resources to cover a budget revenue gap of 15 to 17 billion lei (3.4-3.8 billion euros) next year, according to Ionut D...
Romania Sells RON500M 3-Year Bonds At 2.39% Average Yield
Romania’s Finance Ministry on Thursday raised a planned 500 million lei (EUR113 million) at a three-year bond auction, at an average yield of 2.39%, lower than at the previous sale.
Weekly Export Risk Outlook, November 19
Economic growth in the Central and Eastern Europe was surprisingly strong in the third quarter, Euler Hermes said in its latest Weekly Export Risk Outlook report.
IMF Team To Arrive In Romania Early December For 2015 Budget Talks
A joint delegation of the International Monetary Fund and the European Commission will visit Romania at the start of December to discuss with the local authorities the draft of the country’s...
Isarescu: Fears Of Depreciation Eased; Leu Stable Even During Elections Campaign
Romania has escaped the fear of the leu’s depreciation, says central bank governor Mugur Isarescu, pointing out the national currency was largely unmoved even during the elections campaign.
Bucharest Stocks Close Slightly Up After Calm Trade
The Bucharest stock exchange closed higher Monday after quiet session in the aftermath of the second round of presidential elections in Romania.
Leu Ends Little Changed Vs Euro After Presidential Elections
The Romanian leu extended its earlier gains versus the euro by midday Monday and the central bank’s reference won 0.07% to 4.4243 units, in calm trade, unaffected by Sunday’s presidential el...
Rating Agencies Expect Political Wrangling But No Major Policy Changes in Romania
The results of presidential elections in Romania could determine a long period of political quarrel, Standard & Poor’s said in a note Monday, adding the outcome has no immediate effect on th...
Romania Sells RON200M Of 15-Year Bonds At Lower Yield
Romania’s Finance Ministry Monday sold a planned 200 million lei (EUR45.2 million) of state paper in a reopening of its 15-year bond due July 2027, at an average yield of 4.21%, lower than a...
Nuclearelectrica 9-Month Net Profit Falls 68%
Romanian nuclear power producer Nuclearelectrica (SNN.RO) has seen its net profit fall 68% in the first nine months of the year due to lower energy prices and the tax on special construction...
Transelectrica Net Profit More Than Doubles In Jan-Sept To RON303M
Romania’s state-run power grid operator Transelectrica (TEL.RO) Friday reported a net profit of 303 million lei (EUR68.5 million) for the first nine months, a marked improvement from RON132...
Alro Posts RON216M Net Loss In First 9 Months
Romanian aluminum smelter Alro Slatina (ALR.RO), a subsidiary of Dutch-registered holding Vimetco, turned to losses in the first nine months, on lower international prices and energy costs,...