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24658

Florentina Dragu

Translator RO-EN

Fields
Capital Market, Banks-Insurance, Energy
Writing for ZF since
0201
Articles
6.106
Capital Market

Leu Opens Flat Vs Euro; Neighbors Lose Ground

Romania’s leu opened flat against the euro and moved in narrow ranges in early action, despite a negative sentiment in the region after China cut its growth forecast for 2012.

Florentina Dragu · 06.03.2012 · 10:59 · 1 min
Romania 2011 GDP Growth Fueled By Agriculture, Industry
Macroeconomics

Romania 2011 GDP Growth Fueled By Agriculture, Industry

Romanian gross domestic product grew at an annual rate of 2.5% in 2011, benefiting from a very good agricultural year and steady industrial performance, the country’s statistics institute IN...

Florentina Dragu · 06.03.2012 · 10:00 · 1 min
Macroeconomics

Raiffeisen Sees No Room For Populist Measures In Romania

Romania’s reshuffled government is likely to continue the main fiscal and economic policies initiated by the former cabinet, as any populist measure, such as higher pensions or salaries in t...

Florentina Dragu · 05.03.2012 · 18:00 · 1 min
Capital Market

Leu Closes Slightly Above 4.35 Vs Euro In Quiet Market

The Romanian leu closed a touch above 4.35 against the euro after a calm session Monday, amid very low volumes.

Florentina Dragu · 05.03.2012 · 17:02 · 1 min
Capital Market

SIF Oltenia Proposes RON0.13/Share Dividend For 2011

Romanian regional investment find SIF Oltenia (SIF5.RO) Monday proposed paying out a gross dividend of 0.13 lei (EUR0.029) a share from the 2011 profit, 73% higher on the year.

Florentina Dragu · 05.03.2012 · 16:23 · 1 min
Banks-Insurance

Romania Sells RON1.57B 2-Year Bonds At 6% Average Yield

Romania’s Finance Ministry on Monday sold 1.57 million lei (EUR360 million) in two-year bonds, above the planned amount, at an average yield of 5.99% a year, lower than at the previous aucti...

Florentina Dragu · 05.03.2012 · 15:35 · 1 min
Leu In Ranges Vs Euro, Exchange Rate At 4.3514
Capital Market

Leu In Ranges Vs Euro, Exchange Rate At 4.3514

Romania’s leu traded near 4.3 per euro by midday Monday and the central bank’s reference weakened slightly to 4.3514 units, from 4.3493 units in the previous session.

Florentina Dragu · 05.03.2012 · 13:30 · 1 min
BNR Adds RON5.2B Liquidity To The Market
Banks-Insurance

BNR Adds RON5.2B Liquidity To The Market

Romania's central bank (BNR) Monday injected 5.2 billion lei (EUR1.1 billion) into the market in a one week repurchase agreement operation at an interest rate of 5.5% a year, equal to the mo...

Florentina Dragu · 05.03.2012 · 13:10 · 1 min
Romania January Retail Sales Rise At 3rd Fastest Pace In EU
Macroeconomics

Romania January Retail Sales Rise At 3rd Fastest Pace In EU

Romanian retail sales rose 3% in January from the previous month, the third largest increase in the European Union, official data showed Monday.

Florentina Dragu · 05.03.2012 · 12:15 · 1 min
Romanian FinMin: New Fiscal Treaty To Prevent Fiscal Slippages
Macroeconomics

Romanian FinMin: New Fiscal Treaty To Prevent Fiscal Slippages

The decision to sign the European Union’s new fiscal stability treaty reflects Romania’s commitment to strengthen its public finances and implement healthy policies, Finance Minister Bogdan...

Florentina Dragu · 02.03.2012 · 17:14 · 1 min
Capital Market

Leu Ends Flat Vs Euro In Sleepy Session

Romania’s leu closed flat against the euro after an uneventful session Friday, amid low volumes.

Florentina Dragu · 02.03.2012 · 17:14 · 1 min
Basescu: Romania To Replace Short-Term Debt With Longer-Term Treasuries
Macroeconomics

Basescu: Romania To Replace Short-Term Debt With Longer-Term Treasuries

Romania aims to change the structure of its public debt and plans to extend the maturity of its securities to avoid short-term upside pressures on the state budget, President Traian Basescu...

Florentina Dragu · 02.03.2012 · 16:55 · 1 min