Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
INS: Housing Permits Down 4.5% In First 6 Months
Romanian housing permits fell 4.5% to 17,396 units in the first half of 2013, from 18,217 units a in the year-earlier period, the country’s statistics institute INS said Monday.
Moody's Assigns Provisional Ba1 Rating To Raiffeisen Bank's Future Bond
Moody's Investors Service on Tuesday assigned a provisional Ba1 senior unsecured debt rating to the bonds to be issued by Raiffeisen Bank Romania, based in Romania, for a total amount of up...
Bucharest Stocks End Almost Flat After Another Dull Session
The Bucharest stock exchange closed just slightly below the line, after a quiet trading session, where only a few stocks made some ripples.
Bucharest Stocks Recover By Closing Time To End In Green
The Bucharest stock exchange rose in late trade Thursday, ending in green after it stayed in negative territory for most of the session.
Moody's Cuts Ratings Of BCR And BRD
Moody's Investors Service on Wednesday downgraded the deposit ratings of the two largest banks in Romania, Banca Comerciala Romana and BRD-Groupe Societe Generale (BRD.RO), following the low...
Bucharest Stocks End Slightly Down, Fondul Proprietatea Drives Trades
The Bucharest stock market fell slightly below the line Wednesday, with only Fondul Proprietatea (FP.RO) shares catching the investors’ attention.
Romania To Sign "Discipline Program" With IMF, Says Lagarde
Romania’s next loan deal with the International Monetary Fund will be a precautionary arrangement aiming to consolidate macroeconomic stability and control policies, the fund’s managing dire...
Bucharest Bourse Stops Rising Trend With First Fall After 8 Sessions
The Bucharest stock market closed down Tuesday, breaking an upward trend that saw the general index BET-C gaining 3.4% over the previous eight sessions, while the traded values remained very...
IMF Head Says Romania Should Not Hurry To Join Euro Area
Joining the euro area brings multiple benefits, but a country loses the monetary policy control, so that the adoption process should not be rushed, said Christine Lagarde, the managing direc...
Leu Ends Weaker Vs Euro After Quiet Trade
The Romanian leu was stable against the euro in the second half of Tuesday session, after losing ground in the morning, and closed below 4.44 units.
Exports, Domestic Demand, Investments Must All Support Economic Growth, Says Lagarde
Exports, domestic demand and the investments are the three engines that should propel Romania’s economy, as depending on only one growth driver will lead to imbalances hard to stabilize, acc...
Lagarde: No Agreement Between Romania And IMF Would Be A Pity
Romania’s fiscal situation benefitted from the agreement with the International Monetary Fund and it would be a pity if the Eastern European country chose not to continue the partnership to...