24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Green Energy Market Still Alluring, Despite Law Amendments - Lawyers
Romania remains an attractive market for green energy projects despite the authorities’ recent decision to curtail state support for producers, according to representatives of TPA Horwath an...
EIA: Romanian Shale Gas Resources Enough To Meet Consumption For 100 Years
Romania has enough shale gas resources to meet consumption needs over the next century, according to estimates from the US Energy Information Administration, or EIA.
Romania Gets No Bids At RON30M Non-competitive Bond Auction
Romania’s Finance Ministry Tuesday failed to attract any bids at a supplementary non-competitive tender for its April 2016-dated bond reopened yesterday, central bank data showed.
Leu Loses Gains Vs Euro, Exchange Rate At 4.5225
The Romanian leu lost its earlier gains versus the euro by midday Tuesday and the central bank’s reference weakened marginally to 4.5225 units, from 4.5224 units a day earlier.
CEC Bank Takes EUR25M Loan From Council Of Europe Bank For SME Financing
Romanian state-run lender CEC Bank has secured a EUR25 million credit line from the Council of Europe Development Bank (CEB) to finance productive investment in the public and SME sectors, t...
Leu Up Vs Euro In Early Trade On Higher FX Sales
Romania’s leu inched higher against the euro during early trading hours Tuesday, amid higher euro sales from local lenders.
Romania Inflation Rises For Second Month In May, To 5.32%
Romania’s annual inflation rate accelerated for the second consecutive month in May, largely reflecting a hike in food prices, official data showed Tuesday.
INS: Adjusted Industrial Output Up 1.9% In April
Romanian adjusted industrial production rose 1.9% in April compared with a month earlier, on higher output in the manufacturing and mining sectors, the country’s statistics institute INS sai...
Leu Weakens Vs Euro In Late Trade, In Line With Neighbors
The Romanian leu returned to losses against the euro in late trade Monday and closed just below 4.53 to the euro, amid a negative sentiment in the region.
Romania Sells RON300M 5-Year Bonds At 5.07% Average Yield
Romania’s Finance Ministry on Monday sold debt worth 300 million lei (EUR66.3 million) in a reopening of an existing five-year bond issue due April 2016, with the average yield rising to 5.0...
Romania’s Revised Green Energy Support Leaves Out Exemption For Large Consumers
Romania’s newly revised support scheme for renewable energy producers has left out a previous stipulation under which industrial consumers would be exempted from paying part of the productio...
BNR Injects RON640M Into Money Market
Romania's central bank Monday pumped 639.2 million lei (EUR141.3 million) into the money market via a seven-day repurchasing agreement operation, at an interest rate of 5.25%, equal to the m...