24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
World Bank Appoints New Country Manager For Romania
The World Bank has appointed Elisabetta Capannelli as the new country manager for Romania, replacing Francois Rantrua, the international lender said in a statement Thursday.
Leu Loses Gains Vs Euro, Closes Down Amid Forex Demand
Romania’s leu lost its earlier gains versus the euro in late trade Thursday, amid growing demand for foreign currency, and closed down at 4.347/4.35 units, from 4.3445/4.3485 units a day ear...
Romania Falls To Its Lowest Ranking In IMD Global Competitiveness Report
Romania fell two notches this year to its lowest ranking since 2003 in a competitiveness report covering 60 economies worldwide.
Romania May Need EU Approval For Payment Relief For Industrial Energy Consumers
Romania’s Competition Council Thursday said the government might require authorization from the European Commission to implement a measure aimed at exempting industrial consumers from paying...
EU: Romanian Power Exchange’s Practices Discriminatory Against Foreign Traders
The European Commission Thursday said a requirement of Romania’s power exchange OPCOM that spot market participants hold a Romanian value added tax registration is discriminatory against for...
Leu Up Vs Euro, Exchange Rate At 4.332
Romania’s leu advanced against the euro by midday Thursday and the central bank’s reference strengthened 0.4% to 4.332 units, from 4.3497 units a day earlier.
Romania Antitrust Body Says Visa, MasterCard Inter-bank Fees Highest In Europe
The Inter-bank fees charged by Visa and Mastercard for card transactions in Romania are among the highest in Europe, an antitrust probe showed Thursday.
Romania To Auction Over 30 Oil Fields In 3Q
Romania’s National Mineral Resources Agency, or ANRM, will auction in the third quarter of 2013 concessions to drill and explore 30 to 35 oil fields, an inspector with the agency said Wednes...
Romania To Adopt Bill Reducing Support For Green Energy Producers Next Week
Romanian government will likely adopt next week a controversial bill reducing state support for renewable energy producers, Energy Minister Constantin Nita said Wednesday.
EU: Romania Should Continue Reforms, Better Performance Needed
The European Commission Wednesday recommended Romania continue its economic and social reforms undertaken under a EUR5 billion loan agreement with the International Monetary Fund and the EU,...
Nita: Hidroelectrica To Emerge From Insolvency In July
Romanian Energy Minister Constantin Nita Wednesday said that state-run power producer Hidroelectrica will likely complete its insolvency process by July 1, one year after having declared ban...
Leu Erases Yesterday’s Gains Vs Euro, In Line With Neighbors
The Romanian leu lost all its yesterday’s gains versus the euro Wednesday, in line with the currencies in the region, and closed 0.4% weaker on the day, amid growing volumes.