24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Romania Posts 4th Lowest Debt-to-GDP Ratio In EU In First Quarter
Romania’s government debt reached 38.6% of the gross domestic product at the end of March, the fourth lowest level in the European Union, official data showed Monday.
Leu’s Exchange Rate Gains Slightly To 4.4235 Vs Euro
The Romanian leu moved in a tight range against the euro by midday Monday and the central bank’s reference strengthened slightly to 4.4235 units, from 4.4283 units in the previous session.
Basescu: Romania Wants Guarantee Fund To Support SME Lending
Romania will discuss with the International Monetary Fund setting up a government guaranteed fund to support lending to small and medium-sized enterprises (SMEs), President Traian Basescu sa...
Leu Ends Modestly Up Vs Euro In Quiet Market
The leu inched higher against the euro in late trade Friday and closed the session at 4.424/4.425 units, from 4.4285/4.4295 units a day earlier.
Romania 2013 GDP Growth Forecast Revised Up To 1.9%
Romania and the International Monetary Fund estimate an economic growth in the eastern European country of 1.9% in 2013, a slightly faster pace than the 1.6% increase previously expected, pe...
Leu’s Exchange Rate Strengthens Slightly To 4.4283 Vs Euro
The Romanian leu was stable against the euro in mid-trade Friday and the central bank’s reference strengthened slightly to 4.4283 units, from 4.4339 units a day earlier.
BNR: Romania 1Q Public Debt Falls To 24.4% Of GDP
Romania’s total public debt as a share of the gross domestic product shrunk to 24.4% at the end of March from 29.4% in the year-ago period, largely due to fewer share and other equity holdin...
Vodafone Romania April-June Service Revenue Down 4% On Year
Telecom giant Vodafone posted a 4.1% first-quarter drop in its Romanian organic service revenue to 150 million pounds (EUR177 million), the London-headquartered company said in its interim f...
Bucharest Stocks Mostly Lower In Early Action; SIF Banat-Crisana Down 1.3%
Bucharest shares were mostly lower Friday morning, amid reduced liquidity, with investment fund SIF Banat-Crisana (SIF1.RO) shedding 1.28% one day after announcing the purchase price for the...
Leu Inches Lower Vs Euro In Morning Trade
The Romanian leu edged lower against the euro in early trade Friday, amid low volumes and in a quiet market.
BT Invest1 Plans To Sell 2.5% In SIF Moldova
Romanian investment fund BT Invest1, a unit of financial and banking group Banca Transilvania (TLV.RO), plans to sell a stake of 2.5% in peer fund SIF Moldova (SIF2.RO), the bookrunner on th...
SIF Banat-Crisana Pays RON8.25M For 50% In Muntenia Invest
Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) will pay 8.25 million lei (EUR1.86 million) for 50.01% in Muntenia Invest, sole manager of peer fund SIF Muntenia (SIF4.RO) plus...