Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
Romania Central Bank Cuts Key Rate By 25 Bps To 2.75%
Romania’s central bank Tuesday cut its main monetary policy rate by 25 basis points, to a record low of 2.75%, as inflation is still below its target while the economic growth is slowing dow...
BNR Cuts 2014 Inflation Forecast to 1.5%
The Romanian central bank cut again its forecast on the inflation rate for this year and the next, governor Mugur Isarescu told a news conference Tuesday.
EU Warns Romania’s Budget Deficit Will Widen To 2.8% Of GDP In 2015
Romania’s government will need to increase taxes or cut expenditure else the budget deficit will expand to 2.8% of the gross domestic product next year, when revenue is expected to go down f...
EU Cuts Romania GDP Growth Forecast To 2% In 2014
The European Commission expects Romania’s economy to grow only 2% in 2014, a significant cut from a 2.8% estimated in June, due to a strong deceleration in the second quarter.
Romanian Producer Prices Down 0.2% In September
Romania’s industrial producer price index went down 0.2% in September, after a similar decline in the previous month, the country’s statistics institute INS said Tuesday.
Romania Sells RON593.6M In 10-Year Bonds, Yield Falls to 3.8%
Romania’s Finance Ministry on Monday raised 593.6 million lei (EUR134.5 million), higher than the planned amount, in a reopening of a ten-year bond due February 2025, while the average yield...
Romania Forex Reserves Rise To EUR32.2B In October
Romanian foreign exchange reserves increased to 32.2 billion euros at the end of October, from EUR31.1 billion a month before, fueled by proceeds from the country’s 10-year Eurobond, central...
Romania Central Bank Expected To Cut Key Rate To 2.75% Tuesday
Romania’s central bank might cut the key rate to 2.75% in its Tuesday monetary policy board meeting, while keeping requirement ratio for leu deposits unchanged, according to a survey of the...
Tourist Arrivals In Romania Up 10.8% On Year In September
Arrivals at Romanian tourism accommodation establishments rose 10.8% in September from the year-earlier month, while overnight staying increased 5.4% on the year, data from the statistics in...
Romania Retail Sales Slightly Up In September
Romania’s retail sales inched higher in September, after a 0.6% decline in the previous month, official data showed Monday.
Romania Plans To Sell RON3.6B Treasuries In November
Romania’s Finance Ministry plans to sell state treasuries worth 3.65 billion lei (EUR824.6 million) in November, down from RON4.1 billion raised a month earlier, the ministry said Friday.
INS: Romania Unemployment Rate Down To 6.9% In September
Romania's unemployment rate was down to 6.9% in September, from 7.1% in the previous month, seasonally adjusted data from the statistics institute INS showed Friday.