24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Eximtur 1H Sales Up 2% On Year To EUR20.3M
Romanian tourism agency Eximtur Cluj Thursday reported a 2% increase in its first half sales to EUR20.3 million, mainly fueled by higher revenue from local tourism services.
Leu Closes Down Vs Euro, In Line With Neighbors
Romania’s leu weakened against the euro Wednesday, in line with the currencies in the region, and finished the session almost 0.7% lower on the day, amid rising volumes.
IMF: Potential Changes To Romania’s Tax Code Should Come In Bulk Packages
Romania should consider a package of tax measures rather than single-oriented actions if it wants to amend its tax laws, so that the overall impact on the system may be assessed thoroughly,...
IMF: Romania’s Planned Norms On Abusive Loan Clauses Could Undermine Financial Stability
Romania’s planned amendments to the Civil Procedure Code allowing consumers to denounce in court potentially abusive clauses introduced by service providers, including banks, should be balan...
Leu’s Exchange Rate Slides 0.3% To 4.4048 Vs Euro
The Romanian leu traded near 4.4 to the euro by midday Wednesday and the central bank’s reference weakened 0.3% to 4.4048 units, from 4.3907 units a day earlier.
Ponta Says Romania Has No Plans To Sell Majority Stakes In State-Run Enterprises
Romania’s new agreement with the International Monetary Fund and the European Commission doesn’t include giving up majority control of any of the state-owned companies, Prime Minister Victor...
Romania To Secure EUR4B Loan From IMF, EU
Romania plans to borrow EUR4 billion from the International Monetary Fund and the European Commission, the head of the IMF mission to Bucharest Andrea Schaechter said Wednesday.
IMF Ups Romania GDP Growth Forecast To 2% In 2013
The International Monetary Fund has revised upward its growth estimate on Romania’s economy to 2% in 2013 from 1.6% previously, saying it expects better contributions from agriculture and ex...
TMK Artrom Seeks EUR27M Loan To Repay Debts
Romania’s TMK-Artrom Slatina (ART.RO), controlled by Russian steel pipe maker TMK, plans to borrow up to EUR27 million from UniCredit Tiriac Bank to refinance old loans, the company said in...
Bucharest Stocks Open Higher Amid Low Volumes
Bucharest shares were trading higher Wednesday morning, with investment fund Fondul Proprietatea (FP.RO) covering almost half of the scarce liquidity of just 0.45 million lei (EUR0.1 million...
Leu Down Vs Euro In Early Action
The Romanian leu retreated against the euro in early trade Wednesday, amid low volumes.
Romania Jobless Rate Rises Slightly To 7.6% In June
Romania's unemployment rate edged up to 7.6% in June, from 7.5% in the previous month, seasonally adjusted data from the statistics institute INS showed Wednesday.