24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Moody’s Downgrades Hidrolectrica By Two More Notches, Withdraws Ratings
Moody's Investors Service Thursday downgraded to Caa1 from B2 the long-term corporate family rating and probability of default rating of Romanian hydropower generator Hidroelectrica, followi...
Leu Reverses Gains Vs Euro, Exchange Rate At 4.4508
Romania’s leu lost its early gains versus the euro by midday Thursday and the central bank’s reference weakened to 4.4508 units, from a five-week high of 4.4441 units a day earlier.
Romanian Construction, Retail Output Seen Up In June-August - Survey
Romanian companies estimate activity in construction and retail sectors will pick up in June to August, while manufacturing and services will post only a modest growth, the statistics instit...
INS: Housing Permits Rise 40% On Month In May
Romanian housing permits rose 39.7% to 4,321 units in May, from 3,083 units a month earlier, the country’s statistics institute INS said Thursday.
BNR Not Worried About Leu’s Recent Fall Vs Euro
Romania’s central bank is prepared to use all its available tools to parry potential speculative attacks against the leu if the national currency weakens too much, but its recent depreciatio...
Leu Ends Slightly Up Vs Euro On Higher Volumes
Romania’s leu reversed part of its earlier gains versus the euro in late trade Wednesday, but closed slightly higher on the day, amid raising volumes.
Isarescu: Leu Reserve Requirements Lowered ‘Gradually’
Persistent cash shortage in the Romanian interbank market could prompt a reduction of the minimum reserve requirements for leu-denominated liabilities, but such a move would require extreme...
Fondul Proprietatea Eyes Paying 20% Higher Dividend In 2013
Romanian Fondul Proprietatea (FP.RO) manager Franklin Templeton Wednesday estimated the fund will pay out its shareholders 15% to 20% higher dividend in 2013 compared to this year’s dividend...
Leu Exchange Rate Hits 5-Week High Of 4.4441 Vs Euro
Romania’s leu advanced against the euro by midday Wednesday and the central bank’s reference strengthened 0.5% to 4.4441 units, the highest rate in the past five weeks.
Proprietatea Fund OKs Share Listing In Warsaw
Romanian investment fund Fondul Proprietatea (FP.RO) Wednesday approved a proposal to list its shares on the Warsaw Stock Exchange, participants in a shareholder meeting said.
BNR: Romania Private Lending +0.9% On Month To RON227.1B In May
Romanian private lending inched up 0.9% in real terms to 227.09 billion lei (EUR50.85 billion) in May from a month earlier, central bank data showed Wednesday.
UniCredit Cuts Romania GDP Growth Forecast To 0.5% In 2012
Italy’s UniCredit Tuesday revised down its forecast on Romanian economic growth to 0.5% in 2012 from 1.2% previously, saying it expects foreign demand to weaken further due to the worsening...