24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Bucharest Stocks Close Flat On Weak Investor Interest
The Bucharest stocks closed mostly flat in thin volumes Thursday, amid a quiet market.
Prostitution, Drugs And Contraband Are Worth 0.2% Of Romania’s GDP
Romania’s statistics institute INS estimates prostitution, illegal narcotics and contraband contribute around 0.2% to the local economy, a figure four times lower than in the United Kingdom,...
Eurostat: Romania April Retail Sales Fall At Fastest Pace In EU
Romanian retail sales fell 3.2% in April from a month earlier, the sharpest decline in the European Union, official data showed Thursday.
Romania Sells RON800M 1-Year T-Bills At 2.52% Average Yield
Romania’s Finance Ministry sold a planned 800 million lei (EUR181.9 million) in one-year treasury bills Thursday, at an average yield of 2.52% a year, slightly higher than at the previous au...
Leu Up Vs Euro, Exchange Rate At 4.3964
The Romanian leu appreciated slightly against the euro by midday Thursday and the central bank’s reference won 0.2% to 4.3964 units, from 4.4063 units a day earlier.
EU: Romania Not Yet Ready To Join Eurozone; Next Review In Two Years
Romania doesn’t meet all the five criteria required to join the euro area, a report from the European Commission showed Wednesday.
Petrom: Transgaz To Upgrade Pipeline Network To Carry Black Sea Gas
Romania’s natural gas transmission system operator Transgaz Medias (TGN.RO) must upgrade its pipeline network to be able to carry the gas extracted from the Black Sea blocks, OMV Petrom chie...
Leu Down Vs Euro, Exchange Rate At 4.4063
The Romanian leu slid against the euro amid growing volumes by midday Wednesday and the central bank’s reference weakened to 4.4063 units, from 4.3968 units a day earlier.
Bucharest Bourse’s Future BET Plus Index To Track 37 Companies
The Bucharest Stock Exchange’s future replacement index for the BET-C composite will track the price evolution of 37 listed companies, the market operator said in a statement.
Romania To Raise 2014 Budget Deficit Target, PM Says
The Romanian government will raise its budget deficit target for this year to 2.4% of the gross domestic product to allow for more spending on defense programs, Prime Minister Victor Ponta s...
Romania 1Q GDP Growth Fueled By Industry, Retail
Romanian economy grew 3.8% in the first quarter from the year-ago period, in line with previous estimations, largely fueled by industry and growing activity in the retail and IT&C sectors, t...
First Quarter Net Investment Down 7.4% On Year To RON11.2B
Romanian net investments fell 7.4% to 11.23 billion lei (EUR2.55 billion) in the first quarter of 2014 from the year-earlier period, held back by falling activity in constructions and fewer...