24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Romania FinMin: Government Mulls Higher Wages, But Deficit Target Stays
The Romanian government is searching for solutions to boost per capita income, but only if the measures don’t affect the budget deficit target for 2012 and they prove financially sustainable...
Romania Jobless Rate Flat At 5.27% In February
Romanian unemployment rate was virtually unchanged at 5.27% in February, from 5.26% a month earlier, the country’s employment agency ANOFM said Friday.
Leu Stable Vs Euro In Early Trade
Romania’s leu traded below 4.36 versus the euro in early action Friday, amid low volumes and little investor interest.
Bucharest Stocks Mostly Higher In Early Trade
Bucharest shares were mostly higher Friday morning, tracking European markets, but the five regional investment funds (SIFs) inched down on the day.
OTP Bank Romania Swings To EUR2.6M Profit In 2011 As Provisions Halve
OTP Bank Romania, the local unit of Hungary’s financial group OTP, has swung to a profit after taxes of EUR2.6 million in 2011, versus losses a year earlier, helped by lower provisions, the...
INS: Romania January Adjusted Industrial Output +0.6% On Month
Romanian adjusted industrial production inched up 0.6% in January compared with a month earlier, fueled by higher output in most sectors, the country’s statistics institute INS said Friday.
Fitch: Restoring Public Wages In Romania To Raise Deficit Again
Restoring the public wages to pre-austerity levels in Romania would impact not only the budget deficit, but would likely trigger a series of additional negative effects in the economy, such...
Leu Gains Modestly Vs Euro In Quiet Market
Romania’s leu closed slightly higher against the euro after a calm session Thursday, lagging behind its peers in the region which gained more substantially amid hopes that Greece can strike...
Enel Green Power To Add 180 MW Of Wind Energy In Romania
Enel Green Power, a unit of Italy’s utility Enel, plans to add another 180 MW to its Romanian wind energy network in 2012, taking its installed capacity to around 450 MW, general manager Fra...
ING: Romania Bank Liquidity Gap Doubles In February
The liquidity shortage in the Romanian banking system more than doubled in February, with lenders borrowing on average 3.3 billion lei (EUR0.76 billion) a day from the central bank, compared...
Leu Slightly Up Vs Euro, Exchange Rate At 4.3553
Romania’s leu edged higher versus the euro by midday Thursday and the central bank’s reference gained marginally to 4.3553 units, from 4.3558 units a day earlier.
EU Clears Romanian Oltchim’s Debt-Swap Deal
The European Commission has authorized Romania’s planned debt-to-equity conversion of public debt amounting to around EUR135 million for chemical producer Oltchim SA (OLT.RO), state official...