Reporter
Claudia Medrega
- Fields
- Banks-Insurance, Macroeconomics, Analysis
- Writing for ZF since
- 2011
- Articles
- 124
Overdue Bank Loans Of Individuals And Companies Reach EUR4.4B
Overdue payments on individual and corporate loans continued to rise and reached RON18.5 billion (EUR4.4 billion) in July, accounting for 7.4% of overall amounts due, according to data of th...
Banks Paid 50% Less In Profit Tax In First Half
The Romanian government collected profit tax of EUR1.2 billion from companies in the first half of the year, 4% more than in the similar period of 2010, while amounts paid by banks halved.
JP Morgan Revises Romania’s Economic Growth Forecast Down To 1.2%
JP Morgan has significantly cut Romania’s growth estimate for this year, expecting the gross domestic product to increase by just 1.2%, while the bank’s estimate at the beginning of the year...
IFC Might Issue Leu-Denominated Bonds In Romania
IFC, the World Bank’s investment arm, is likely to issue leu-denominated bonds on the Romanian market, should there be any infrastructure projects needing significant funding. Such a move wo...
Analysts: Industry, Agriculture Lifted Romania's Economy In 2Q
Industry was the main economic growth driver in the second quarter, despite at a slower pace, with a boost also coming from agriculture, according to analysts asked by ZF.
Exit From Recession Becomes Imperceptible
The gross domestic product growth of just 0.2% in the second quarter against the first points to a significant slowdown, although the Romanian economy remained in positive territory for the...
Fiscal Council Denounces Government’s Fiscal Strategy Again
The fiscal-budgetary strategy does not evaluate the risks that could affect macroeconomic and budget indicators, does not specify adjustment measures and does not give reasons for personnel...
Debt Crisis Wave Warns Politicians To Slash Budget Expenditure
Most analysts, bankers, managers and businesspeople contacted by Ziarul Financiar over the past two days say that the EU is the most seriously affected by the new crisis wave and the impact...
Seven BCR Managers Received Over EUR4M Pay For Last Year
BCR, the largest bank on the Romanian market, last year paid gross salaries worth a total of EUR1.7 million to a group of seven people in the management team and to people with exceptional c...
Mihaescu, IFC: Key Question Is Whether Restructured Loans Will Perform
Non-performing loans have started to flatten or even decline at certain banks in the last two or three quarters, but it remains to be seen if the restructured loans perform and if the slight...
How Crisis Shaped Romania's Economy
Industry has increased its contribution to the gross domestic product (GDP), in the past two years through exports, and has remained the driver of the economy, analysts say. Unfortunately, i...
Analysts Believe The Economy Slowed Down In Q2 Against Q1, Despite Positive News In May
The economy is expected to slow down in the second quarter against the first quarter, despite good news on May performance, say analysts.