24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Isarescu Says Another IMF Deal May Send The Wrong Message
Romania shouldn’t seek a new financial agreement with the International Monetary Fund once the current one ends in 2013, because it would send a negative signal to the markets, central bank...
Leu Exchange Rate Slides To 4.354 Vs Euro
Romania’s leu traded near 4.355 per euro by midday Wednesday and the central bank’s reference weakened to 4.354 units, from 4.3483 units a day earlier.
Bucharest Stocks Open Up On Growing Volumes
Bucharest shares opened higher amid rising volumes Wednesday, tracking international markets amid optimism that Greece will finally reach a much-awaited deal to cut its huge debt.
Leu Flat Vs Euro In Early Trade
Romania’s leu opened flat against the euro and traded in tight ranges in a quiet Wednesday morning, amid low volumes.
Romania Industrial New Orders Up 13.4% On Year In 2011
Romanian industrial new orders rose 13.4% on the year in 2011, boosted by increases in all sectors, the country’s statistics institute INS said Wednesday.
Romania's 2011 Power Output +1.6% On Year
Romanian power output inched up 1.6% on the year to 23.45 million tons of oil equivalent in 2011, on higher production in most sectors, official data showed Wednesday.
INS: Romania 2011 Industrial Sales Rise 15.6% On Year
Romanian industrial sales rose 15.6% in 2011 from a year earlier, fueled by increases in all sectors, the country’s statistics institute INS said Wednesday.
Isarescu Warns Lenders High Deposit Rates May Backfire
Romanian central bank governor Mugur Isarescu Tuesday warned commercial lenders that their policy to increase interest rates on deposit facilities in a move to reduce their dependency on for...
Leu Slides Vs Euro Amid Political Uncertainties
Romania’s leu weakened against the euro Tuesday, unlike its peers in the region, and closed 0.25% lower on the day, amid uncertainties regarding the formation of a new government after cente...
Isarescu: Poor EU Funds Absorption Deepened Romania's Economic Slump
Romanian economy was severely hit by a sharp decline in foreign investments after 2008 and the poor absorption rate of European structural funds has only deepened the country’s recession, ce...
Gedeon Richter Sales In Romania Fall To EUR129.6M In 2011
Hungarian drug maker Gedeon Richter Tuesday said its Romanian sales declined 5.6% to EUR129.6 million in 2011, hurt by weak wholesale and retail activity.
BNR Head: Changing Governments Can Be Stressful To Markets
Replacing the government of a country can be a stressful factor for the financial markets, but if resolved swiftly, it may be easily digested by investors, central bank governor Mugur Isares...