24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
BNR Pumps RON6.1B Into Market
Romania's central bank (BNR) Monday added 6.1 billion lei (EUR1.44 billion) to the market in a seven-day repurchase agreement operation at an interest rate of 5.25% a year, equal to the mone...
Austria’s Erste 1Q Net Profit +7.8% On Year To EUR346.5M
Austria's Erste Group Bank AG (EBS.RO) Monday said its net profit after minorities rose 7.8% on the year to EUR346.5 million in the first quarter, largely fueled by a one-time income of EUR2...
Bucharest Stocks Open Down Amid Low Volumes
Bucharest shares opened slightly lower amid reduced liquidity Monday morning, contrary to the positive sentiment in the region following upbeat financial data from large companies and a slow...
Leu Opens Slightly Higher Vs Euro
The Romanian leu edged higher against the euro in early action Monday, recovering part of last session’s losses in the aftermath of the government’s collapse.
Leu Ends 0.4% Lower As Government Collapses
Romania’s leu closed a touch below 4.395 per euro at the end of a nervous session Friday during which it fell to an all-time low of 4.4 per euro shortly after the government was toppled in a...
Romania Plans To Sell RON3.8B Treasuries In May
Romania’s Finance Ministry plans to sell state paper worth 3.8 billion lei (EUR865.6 million) in May, down from RON4.9 billion sold a month earlier, ministry data showed Friday.
Erste: Romania Better Off Without Technocrat Government In Long-Run
A government headed by Social-Democrat Victor Ponta could be a better alternative for Romania’s long-term political stability than a technocrat government, Austria’s Erste Group Bank AG (EBS...
Moody’s: Romania Outlook Incorporates ‘Fair Degree’ Of Political Uncertainty
Moody’s sovereign outlook on Romania came with a built-in leniency for persistent political uncertainty ahead of the parliamentary elections in the fall, and the government’s collapse should...
Leu Falls To Record Low Vs Euro Following Government Collapse
Romania’s leu fell to its weakest level ever, of 4.401 per euro, after the a no-confidence vote in parliament toppled the center-right government less than three months from endorsement.
IMF Halts Negotiations In Romania After Government Falls
The International Monetary Fund will suspend negotiations with the Romanian authorities on the coming economic and financial criteria under a EUR3.6 billion loan agreement signed last year u...
Antibiotice Vetoes Capital Hike, Pays Dividend Instead
Romanian state-run drugmaker Antibiotice Iasi (ATB.RO) Friday rejected a proposal to increase its share capital by 17.2 million lei (EUR3.93 million), authorizing instead a dividend payout f...
Leu Recoups Vs Euro, Exchange Rate At 4.3747
Romania’s leu recovered earlier losses against the euro by midday Friday and the central bank’s reference strengthened slightly to 4.3747 units, from 4.3757 units a day earlier.