24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Romania Rejects All Bids In 10-Year Bonds Sale
Romania’s Finance Ministry has rejected all bids at a 300 million lei (EUR66.86 million) 10-year bonds auction Tuesday, citing high yields.
BRD: Romania Doesn’t Afford Much Fiscal Space For Public Investment
The current fiscal climate in Romania doesn’t afford much space for massive public investment and the country’s only solution would be to become friendlier towards the markets, an official o...
Vasilescu, BNR: Very Few Consumers Still Eligible For Loans
Retail lending in Romania has reached an impasse after most of the consumers eligible for financing have already taken out loans, leaving banks with very few options to find new clients, an...
Leu Firms To 1-Week High Of 4.487 Vs Euro
The Romanian leu widened its earlier gains versus the euro by midday Tuesday and the central bank’s reference strengthened 0.7% to 4.487 units, the highest rate in one week.
BNR: Private Lending Slightly Up To RON221.6B In May
Romanian private lending inched up 0.5% in real terms to 221.66 billion lei (EUR49 billion) in May, from RON220 billion a month earlier, central bank data showed Tuesday.
Catalin Baiculescu Joins Tuca Zbarcea & Asociatii
Lawyer Catalin Baiculescu has left his position as deputy managing partner with Musat & Asociatii to join rival firm Tuca Zbarcea & Asociatii.
UniCredit Tiriac Bank Raises RON550M In 5-Year Bond Sale
Romanian UniCredit Tiriac Bank has raised 550 million lei (EUR121 million) at a five-year corporate bond sale ended Friday, the bookrunner on the deal said in a statement.
Romania’s Spot Energy Prices Fall As Renewable Output Rises
Increased renewable energy production has lowered market electricity prices in Romania, with spot market participants paying on average 32% less for the electricity purchased.
Leu Closes Flat Vs Euro In Quiet Market
The Romanian leu closed roughly flat against the euro in a quiet market Friday, amid average volumes.
Romania Is Second Least Expensive Country To Buy Food, Booze In Europe
Food, alcohol and tobacco items in Romania are less expensive than in most of Europe, a survey from the European Union’s statistics arm showed Friday.
EU Removes Romania From Excessive Deficit Procedure
The European Union Council Friday has closed excessive deficit procedures for Romania, confirming that the country has reduced its budget deficit below 3% of the gross domestic product, the...
Leu In Ranges Vs Euro, Exchange Rate At 4.5209
The Romanian leu moved in a tight range against the euro by midday Friday and the central bank’s reference strengthened 0.3% to 4.5209 units, from 4.534 units a day earlier.