24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Romania's Inflation Rate Will Stay Low In 2015 As Well
Romania’s inflation fell in 2014 to the lowest level in 30 years, amid the declining trend of oil prices, a good farming output and subdued domestic demand. The annual inflation rate eased t...
Consumer Spending Seen As Main Growth Driver In 2015
Domestic consumption is expected to fuel yet another year of growth, and the Romanian economy is expected to advance 2.8% in 2015, after a similar increase in the year before.
Housing Construction Up 4.3% On Year In January-June
Romanian housing construction rose 4.3% to 17,582 units in the first half from the year-earlier period, on rising investment in urban areas, the country’s statistics institute INS said Wedne...
Second Quarter GDP Contraction Driven By Weak Performance In Construction, Retail
Romania’s economy contracted for the second consecutive quarter in the April-June period, driven by poor performance in constructions, industry and an unexpected fall in retail trade, offici...
Romania 1H Net Investment Falls 9.1% To RON25.2B
Romanian first-half net investments fell 9.1% to 25.18 billion lei (EUR5.71 billion) from the year-earlier period, on declining activity in construction and machinery and equipment, the coun...
Leu Closes Up Vs Euro In Quiet Market
The Romanian leu inched higher against the euro in thin volumes Friday to finish the session 0.1% stronger at 4.4078 units, from 4.4125 units a day earlier.
Leu’s Exchange Rate Strengthens Slightly To 4.4109 Vs Euro
The Romanian leu lost part of its earlier gains versus the euro by midday Friday, but central bank’s reference strengthened slightly to 4.4109 units, from 4.4147 units a day earlier.
Romania Raises RON45M In Non-competitive Bond Sale
Romania’s Finance Ministry on Friday raised a planned 45 million lei (EUR10.2 million) at a supplementary non-competitive tender for its August 2016-dated bond reopened yesterday.
Leu Extends Yesterday’s Gains Vs Euro As Volume Picks Up
The Romanian leu rose versus the euro Wednesday, extending yesterday’s gains amid increased appetite from investors.
Romania Oilseed Rape Harvest Hits Record High, Of 1.1M Tons
Romania has harvested a record rape crop this year, of roughly 1.1 million tons, despite poor weather conditions in the second quarter, Agriculture Minister Daniel Contantin said Wednesday.
Bank of Cyprus Sells 35% Stake In Romanian Hotel Owner To Austria’s Strabag
Bank of Cyprus on Wednesday said it has signed an agreement to sell its assets related to Societatea Companiilor Hoteliere Grand SRL, a company incorporated in Romania and owner of the JW Ma...
Leu Up Vs Euro, Exchange Rate At 4.4244
The Romanian leu extended its earlier gains versus the euro by midday Wednesday and the central bank’s reference won 0.2% to 4.4244 units, the strongest rate this month.