24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
WB Cuts Romania Growth Outlook To 1.5% In 2012
The World Bank has revised downward its forecast on Romanian economic growth to 1.5% in 2012 from 3.7% previously, citing deteriorating external outlook and the country’s increased vulnerabi...
Difficult Year Ahead For Romanian Economy - Coface
Romania faces a difficult economic year in 2012, amid shrinking demand from foreign partners as the euro zone crisis shows no sign of abatement and potential bank deleveraging as European le...
Romanian Government OKs Hidroelectrica, Nuclearelectrica IPOs
The Romanian government Wednesday approved selling stakes of 10% in power producers Hidroelectrica and Nuclearelectrica, as per an agreement with the International Monetary Fund.
Leu Down Vs Euro, Exchange Rate At 4.3497
Romania’s leu edged lower against the euro by midday Wednesday, unlike its peers in the region, and the central bank’s reference weakened 0.5% to 4.3497 units, from 4.327 units a day earlier...
Eurostat: Romania November Construction Output Rises At Fastest Pace In EU
Romanian construction output rose 16.9% on the month in November, the largest increase in the European Union, official data showed Wednesday.
Erste To Name Tomas Spurny As New CEO Of BCR - Sources
Tomas Spurny, Chief Executive Officer of Hungary’s CIB Bank and former head of the PPF investment fund, will replace Dominic Bruynseels as president of Romanian lender BCR, a unit of Austria...
Romania To Turn To US Debt Market For Financing - Deputy FinMin
Romania will likely turn to the US debt market to attract external financing in 2012, because the European banks are under upside pressure to adjust their capital ratios to the latest requir...
Leu Weakens Vs Euro, Unlike Neighbors
Romania’s leu extended early losses against the euro in late trade Tuesday, unlike its peers in the region, and closed 0.3% weaker on the day at 4.3365/4.338 to the European common currency.
Romania 2011 Budget Gap Narrows To 4.35% Of GDP, Below IMF Target - Sources
Romanian consolidated budget posted a deficit of 4.35% of the gross domestic product in 2011, just shy of the government’s target of 4.4% of GDP agreed with the International Monetary Fund,...
Leu Exchange Rate Firms To 4.3270 Vs Euro
Romania’s leu retreated modestly against the euro by midday Tuesday, but the central bank’s reference strengthened almost 0.2% to 4.327 units, from 4.3347 units a day earlier.
Electroarges Increases Capital By RON9.3M
Romanian home appliance manufacturer Electroarges Curtea de Arges (ELGS.RO) approved a 9.3 million lei (EUR2.14 million) capital increase to RON15.5 million to finance investments, the compa...
Romanian Leu, Stocks Unfazed After Street Protests, May Falter If Things Escalate
Violent protests that left 59 Romanians injured over the weekend had no effect on the local financial markets so far, but an escalation may lead to the government’s collapse and implicitly t...