24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Romania Should Also Support Conventional Energy Investments
Romanian authorities should stimulate the production of energy from conventional resources just as much as they support renewable energy projects, because the latter cannot guarantee a conti...
CEZ Sees Slim Chances Of Energy Exports From Romania
The absence of a coherent government strategy and zero investments in energy have undermined Romania’s potential as an exporter of electricity, the head of power company CEZ Romania said Wed...
Court Voids Franklin Templeton’s Appointment As Proprietatea Fund Manager
The Bucharest Court of Appeals on Wednesday irrevocably annulled a series of decisions taken by the shareholders of Romanian investment fund Fondul Proprietatea (FP.RO), including the appoin...
Leu In Ranges Vs Euro, Exchange Rate At 4.5641
Romania’s leu traded near 4.56 per euro by midday Wednesday and the central bank announced a reference rate of 4.5641 against the European common currency, barely changed from 4.5642 units a...
IMF Sees Flat Or Negative Credit Growth In Romania, Other CEE Countries
Euro area banks are targeting lower loan-to-deposit ratios and less cross-border funding in Central and Eastern Europe, leading to flat or negative near-term credit growth in the region, par...
Leu Slightly Higher Vs Euro In Early Trade
Romania’s leu edged higher against the euro Wednesday morning, aided by covert interventions from the central bank, market participants said.
CEZ: Oltenia Region To Host A Third Of Solar Capacity In Romania
Romania’s southern region of Oltenia will likely host photovoltaic power stations with a total capacity of 154 megawatts, making up for almost one third of the planned solar projects in the...
Leu Ends Slightly Higher Vs Euro After Ctrl Bank Caps Repo
Romania’s leu strengthened slightly against the euro Monday, helped by the central bank’s decision to cap its weekly repurchasing operation.
Romania Sells RON578M 11-Month T-Bills; Yield Rises To 6.02%
Romania’s Finance Ministry raised just 578.3 million lei (EUR126.7 million) at an 11-month treasury bills auction Monday, well below the planned amount, as the average annual yield rose to 6...
BNR Injects RON6B In One Week Repo
Romania's central bank (BNR) Monday injected 6 billion lei (EUR1.3 billion) into the money market via a one-week repurchase agreement operation, at an interest rate of 5.25% a year, equal to...
Leu Up Vs Euro, Exchange Rate At 4.5646
Romania’s leu reversed earlier losses against the euro by midday Monday after the central bank capped its weekly repurchasing operations for the first time since August, and the exchange rat...
BNR Caps Repo Operations To Support The Leu
Romania’s central bank (BNR) has capped its weekly repurchasing operation at 6 billion lei (around EUR1.3 billion) Monday in a bid to drive overnight rates higher and help a weakening leu.