24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
INS: December Average Net Wage Up 7.7% On Month
Romanian average net salary rose 7.7% to 1,697 lei (EUR387) in December, from RON1,575 a month earlier, largely boosted by one-time bonuses, the statistics institute INS said Wednesday.
World Bank Names New Country Director For Central Europe, Baltic Countries
The World Bank has appointed of Mamta Murthi, as Country Director for Central Europe and the Baltic Countries in the bank’s Europe and Central Asia region, effective as of February 1, 2013,...
Isarescu: Lower Interest Rates To Depress Domestic Savings
A lower monetary policy rate would discourage domestic savings, while hurting economic growth, Romanian central bank governor Mugur Isarescu said Tuesday.
Leu Ends Down Vs Euro On Low Volumes
Romania’s leu weakened slightly against the euro in a quiet session Tuesday and closed at 4.378/4.379 units, amid low volumes.
BNR Sees Inflation Peaking Near 6% In 1H
Romania’s annual inflation is expected to accelerate up to 6% in the first half of 2013 before easing toward the 3.5% upper end of the central bank’s target range, governor Mugur Isarescu sa...
Romania December Retail Sales Fall At Fastest Pace In EU
Romanian retail sales fell 3.2% in December from the previous month, the largest decrease in the European Union, official data showed Tuesday.
Leu Exchange Rate Weakens To 4.3764 Vs Euro
Romanian leu recouped part of its earlier loss against the euro by midday Tuesday, but the central bank’s reference weakened 0.2% to 4.3764 units, from 4.3667 units a day earlier.
Leu Inches Higher Vs Euro In Dull Trading
Romania’s leu advanced modestly against the euro in lackluster trading Monday and closed at 4.3715/4.3725 units, from 4.376 units in the previous session.
Romania Sells Debt Worth RON1.23B At Two Auctions
Romania’s Finance Ministry sold debt worth 1.23 billion lei (EUR281 million) at two auctions Monday, slightly above the planned amount, with yields continuing a downward trend started in the...
BNR Ups Repo Ceiling To RON10B
Romania’s central bank capped its repurchasing operation for the 18th consecutive time Monday, but raised the repo ceiling to 10 billion lei (EUR2.28 billion), from RON9 billion a week earli...
GE Supplies $30M Worth Of Turbines To Romanian Wind Park
Romanian developer Energia Verde Ventuno has selected General Electric Co. to supply wind turbines to a farm being built in Cerna, Tulcea county (SE Romania).
Leu Exchange Rate Firms To 4.3667 Vs Euro
Romania’s leu lost some of its earlier gains versus the euro by midday Monday, but the central bank’s reference strengthened 0.2% to 4.3667 units, from 4.3771 units in the previous session.