24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Romanian FinMin: Leu Weakens On Eurozone Turmoil, Not Political Unrest
The Romanian leu’s depreciation against the euro is influenced by external factors rather than the political tensions at home, Finance Minister Florin Georgescu said Wednesday, adding that t...
Leu Ends Down Vs Euro In Choppy Trade
Romania’s leu closed 0.5% lower on the day at 4.4735/4.4755 per euro after a nervous session amid growing tensions following the startof Parliament proceedings for President Traian Basescu's...
Georgescu: Romania To Revise 2012 Budget End-July
Romania's Finance Minister Florin Georgescu Wednesday said the government plans a first revision of the 2012 state budget at the end of July to incorporate an 8% salary increase in the publi...
Erste Raises Forecast For Romania 2012 Deficit, Warns Of Political Instability
Austrian Erste Group Bank AG (EBS.RO) Wednesday revised upward its forecast on Romania’s budget deficit to 4.2% of the gross domestic product in 2012, from 3.4% of GDP previously, saying it...
Romania 1Q GDP Declined As Expected
Romania's economy shrank 0.1% in the first quarter compared with a quarter earlier, in line with previous estimations, but a slightly more vigorous domestic demand than initially reported an...
Leu Weakens Vs Euro Amid Political Tensions
Romania’s leu weakened against the euro in late trade Tuesday, amid raising volumes and political tensions in parliament between the parties in the governing coalition and the opposition.
Leu Stable Vs Euro, Exchange Rate At 4.4505
Romania’s leu traded near 4.45 per euro by midday Tuesday, while the central bank’s reference retreated slightly to 4.4505 units, from 4.4496 units a day earlier.
Leu Opens Flat Vs Euro In Thin Trade
The Romanian leu opened flat against the euro in a sleepy Tuesday morning and moved in a tight range in early action, amid low volumes.
INS: Industrial Producer Prices -0.1% On Month, +6.7% On Year
Romania’s industrial producer price index inched down 0.1% in May from a month earlier, held back by a 1.1% decrease in energy prices, the country’s statistics institute INS said Tuesday.
Tourist Arrivals Up 11.5% On Year In May
Tourist arrivals in Romania rose 11.5% in May from the year-earlier month, while overnight accommodations were up 10.3% on the year, the statistics institute INS said Tuesday.
Romania Adjusted Retail Sales +1.2% On Month In May
Romanian adjusted retail sales rose 1.2% in May compared with a month earlier, on higher demand in all sectors, the statistics institute INS said Tuesday.
Romcab Eyes RON9.5M Capital Increase
Romanian cable maker Romcab Targu-Mures (MCAB.RO) plans to increase its share capital by 9.46 million lei (EUR2.1 million) to RON23.46 million by including past reserves, the company said in...