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Senior Editor

Bogdan Neagu

Fields
Capital Market, Macroeconomics, Banks-Insurance
Writing for ZF since
2011
Articles
1.841
BNR: Romania Private Lending Rises In May
Macroeconomics

BNR: Romania Private Lending Rises In May

Romanian private lending stopped its decline in May, rising 0.8% in real terms against the previous month, after a 0.3% decrease in April, central bank data showed Thursday.

Bogdan Neagu · 25.06.2015 · 12:58 · 1 min
S&P Upgrades Romania's Transgaz To BB+, With Stable Outlook
Energy

S&P Upgrades Romania's Transgaz To BB+, With Stable Outlook

Standard & Poor's Ratings Services raised its long-term corporate credit rating on Romanian gas transmission and transit system operator Transgaz (TGN.RO) to 'BB+' from 'BB', with a stable o...

Bogdan Neagu · 24.06.2015 · 17:37 · 1 min
Macroeconomics

FinMin: Romania Will Keep Budget Deficit Below 3% Of GDP In 2016 After Tax Cuts

Romania’s budget deficit will be higher than the target agreed with the international financial institutions next year, but still below the cap of 3% of the gross domestic product allowed by...

Bogdan Neagu · 24.06.2015 · 17:25 · 2 min
Macroeconomics

IMF, EU Warn Fiscal Deficit Will Slip If Romania Introduces New Tax Code

The introduction of the current form of the Tax Code in Romania starting next year will create a significant fiscal deficit, which could prove difficult to correct, according to the represen...

Bogdan Neagu · 23.06.2015 · 17:24 · 1 min
INS: Romania Unemployment Rate Up To 7.4 In 1Q
Macroeconomics

INS: Romania Unemployment Rate Up To 7.4 In 1Q

Romania's unemployment rate rose to 7.4% in the first quarter, from 6.7% in the last quarter of 2014, the statistics institute INS said Tuesday.

Bogdan Neagu · 23.06.2015 · 10:00 · 1 min
Banks-Insurance

Romania Sells RON300M 7-Yr Bonds; Yield Rises To 3.04%

Romania’s Finance Ministry on Monday raised a planned 300 million lei (EUR67 million) in a reopening of a seven-year bond due April 2020, while the average yield rose to 3.04%.

Bogdan Neagu · 22.06.2015 · 13:27 · 1 min
Banks-Insurance

Romania Sells RON400M 3-Month T-Bills At 1.22% Average Yield

Romania’s Finance Ministry on Thursday raised a planned 400 million lei (EUR89 million) at a three-month treasury bills auction, at an average yield of 1.22%, central bank data showed.

Bogdan Neagu · 18.06.2015 · 14:06 · 1 min
Macroeconomics

Romania Central Bank Doesn’t Want More Rate Cuts

Romania’s central bank will try to refrain from cutting the monetary policy rate even if the inflation falls in negative territory, as the economy is expected to grow 4% this year and won’t...

Bogdan Neagu · 16.06.2015 · 16:00 · 1 min
Transgaz Plans RON500M 5-Year Bond
Energy

Transgaz Plans RON500M 5-Year Bond

Shareholders of Romanian state-run natural gas transporter Transgaz (TGN.RO) Tuesday approved the plan to sell corporate bonds worth a maximum 500 million lei (EUR102 million) to finance the...

Bogdan Neagu · 16.06.2015 · 15:39 · 1 min
Romania Sells RON300M In 5-Year Bonds, Yield Rises To 2.78%
Banks-Insurance

Romania Sells RON300M In 5-Year Bonds, Yield Rises To 2.78%

Romania’s Finance Ministry raised a planned 300 million (EUR67 million) at a five-year bond reopening Monday, but the yields were higher than at previous auction, amid government paper-selli...

Bogdan Neagu · 15.06.2015 · 14:07 · 1 min
Foreign Investment In Romania Up To EUR1.16B In First 4 Months
Macroeconomics

Foreign Investment In Romania Up To EUR1.16B In First 4 Months

Romanian foreign direct investment, or FDI, rose to 1.16 billion euros in January to April, from EUR785 million in the same period of 2014, data from the central bank showed Monday.

Bogdan Neagu · 15.06.2015 · 12:58 · 1 min
Romania Current Account Slips To EUR27M Deficit In Jan-Apr
Macroeconomics

Romania Current Account Slips To EUR27M Deficit In Jan-Apr

Romania's current account balance posted deficit of 27 million euros after the first four months, compared with EUR326 million in the same period of 2014, central bank data showed Monday.

Bogdan Neagu · 15.06.2015 · 12:51 · 1 min