24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Raiffeisen: Romanian Economic Growth Potential Down To 2%
Romania’s economic growth potential has declined significantly over the past years and, absent better demographic figures, it could drop even lower in the future, said Ionut Dumitru, chief e...
Leu Closes Down Vs Euro On Growing FX Demand
The Romanian leu weakened against the euro Wednesday, reversing yesterday’s gains, and closed near 4.52 units, amid growing demand for foreign currency.
BNR: Overdue Loans Inch Higher In August
Romanian overdue private loans inched up 0.8% on the month to 27 billion lei (EUR5.97 billion) in August, equal to 11.7% of the total lending, central bank data showed Wednesday.
BCR Appoints New Chief Operating Officer
Romania’s largest bank by assets Banca Comerciala Romana (BCR), a unit of Austria’s Erste Group Bank AG, has appointed Paul Ursaciuc as its new chief operating officer, the lender said in a...
Romania Has Huge Financing Needs - Bucharest Bourse Head
Romania has huge financing needs and it should seize any opportunity to attract additional funds, the head of the Bucharest Stock Exchange said Wednesday.
Leu Weakens Vs Euro, Exchange Rate At 4.5168
Romania’s leu retreated against the euro by midday Wednesday and the central bank’s reference weakened to 4.5168 units, from 4.5144 units a day earlier.
Russian Mechel Plans To Sell Romanian Operations
Russia’s steel giant Mechel will sell its Romanian business as part of a larger restructuring strategy to improve financial performance and increase market value, the company said in a state...
Coface: Romania Economy To Grow 1% In 2012
Romania's economy is expected to grow a modest 1% in 2012, after expanding by 2.5% a year earlier, according to estimates of Coface ratings agency.
Analysts: Romania Central Bank To Keep Main Rates Unchanged Thursday
Romania’s central bank is likely to leave its key rate unchanged at a historic low of 5.25% for a fourth straight time at its monetary policy meeting due September 27, banking analysts said...
Leu Ends Slightly Higher Vs Euro In Quiet Market
Romania’s leu traded slightly below 4.51 against the euro in late session Tuesday and closed 0.2% stronger on the day, amid average volumes.
Finance Ministry Contemplates Capping Money Transactions Between Individuals
Romania’s Finance Ministry is considering capping daily cash payments between two or more individuals in a move to reduce tax evasion, people familiar with the matter said Tuesday.
Leu Up Vs Euro, Exchange Rate At 4.5144
Romania’s leu advanced modestly against the euro by midday Tuesday and the exchange rate strengthened slightly to 4.5144 units, ending a five-day period of losses.